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117 acres Tillable Farmland, Hunting Land Auction

Union County, Iowa

03-29-2016 10:00 AM

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117 Acres Union County Farmland Auction

Auction Location

Located on the north end of 12 mile lake

Date: 03-29-2016
Time: 10:00 AM

Bidding Onsite, Acreage

Directions to Farm

The farm is located in Union County northeast of Creston Iowa or 20 miles southwest of Winterset.

Auction Details

Sale Method

Method: The farm will be sold as 1 tract only using 117 as a multiplier. Your final bid will be multiplied by 117 to arrive at the gross sale price. The sale will be subject to court approval.

Legal Description

Lincoln Township Section 27 in Union County Iowa. 27-73N-30W

Possession

The farmland is rented for 2016 so you will get landlord possession at closing. The new owner will receive $12,000 or the 2016 rent.

Closing

April 29, 2105

Earnest Money

10% day of sale, balance due at closing 30 days after the auction.

Farm Lease

The farmland is rented for 2016 so you will get landlord possession at closing. The new owner will receive $12,000 or the 2016 rent.

CONTRACT AND TITLE

Immediately upon conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC the proper non refundable earnest deposit. The Seller(s) will provide a current abstract at their own expense. Sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases and restrictions of record. Buyers must do their due diligence prior to bidding. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. Seller reserves the right to accept or reject any and all bids. DreamDirt Farm and Ranch Real Estate LLC and its representatives are agents of the Seller. Winning bidder(s) acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. The Auctioneer may accept absentee or phone bids from bidders who can not attend the auction or bid on half of the seller. All decisions of the Auctioneer are final. The auction is open to the public contingent upon proper behavior. The Auctioneer may ask your to leave if your behavior is not in the best interest of the seller.


 

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©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.