79.019+/- Acres Clay County, NE

General Description

The bidding increments will be $50 per acre. The final sale price will be calculated on per-acre basis times the highest bid received on each tract.

Attend the Online Auction Information Meeting:

Sutton Community Center

200 S Saunders Ave.

Sutton, NE 68979

BigIron Realty Agents will be at the Sutton Community Center, in Sutton, NE, on Tuesday, March 29, 2022, from 8:00 a.m. until the conclusion of the online auction. BigIron Realty Representatives will be there to assist Buyers with registering to bid online. Please come during the times to discuss the farm. You do not have to be present to bid online.

BIDDING PROCESS: You may place bids on this farm beginning March 15, 2022, and ending on March 29, 2022. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

Land Location: From the intersection of Hwy 41 and X Road, south of Sutton, NE, go 2 ¾ miles south.  The farm is on the east side of the road.

Legal Description: The S ½ of the SW ¼ Section 14-6-5 Clay County, NE, containing 79.019+/- acres.

2021 Real Estate Taxes: $4,795.86

Seller: Brian Becker

Title Services: Tri-County Title, Columbus, NE

For more information, contact the listing agent:

                                           Jerry Hoegh 402-694-9224

Possession:  Buyer shall have immediate possession of the real estate upon execution of this purchase agreement and tendering of the necessary down payment. If Buyer takes immediate possession, risk of all loss shall be on Buyer from the date that this purchase agreement is executed to the date of closing. Any inputs or improvements implemented between the date of execution and the date of closing shall remain the property of the Buyer. Notwithstanding the foregoing, inputs or improvements implemented by the Buyer shall be forfeited by the Buyer to the Seller if Buyer fails to timely consummate this transaction. Seller and Buyer further understand and agree that improvements located on the real estate may not be materially altered, and structures may not be removed, destroyed, or burned by the Buyer prior to the date of closing. Time is of the essence of this transaction.

Terms:  The successful Buyer will be required to enter into a written purchase agreement immediately after the sale.  Buyer must make a $60,000 non-refundable down payment payable to BigIron Realty Trust Account. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before April 29, 2022.  Seller will provide marketable title to the Buyer evidenced by Title Insurance.  Tri-County Title, Columbus, NE, will facilitate the closing.  Title insurance and closing costs will be split 50/50 between the Buyer and Seller.  The Seller will pay the 2021 real estate taxes, and the Buyer will pay 2022 real estate taxes.  The property will not be sold subject to financing.  Please have all financial arrangements made prior to the auction. Buyer and Seller agree to cooperate on a 1031 exchange, if applicable.  The written purchase agreement to be signed by the Seller and Buyer after the auction is the sole and controlling document of this sale and supersedes all terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.