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153 acres Tillable Farmland Auction

Buchanan County, Iowa

03-04-2016 10:00 AM

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153.37 Acres Farmland Buchanan County Auction

Auction Location

The farm is located in northeast Iowa in Buchanan County.

Date: 03-04-2016
Time: 10:00 AM

Bidding Online

Directions to Farm

From Jesup go north on Baxter Ave to 183rd Street for 2.6 miles and then east on 183rd Street 1 mile and you will be at the northwest corner of the farm. The farm is 7 miles northwest of Independence Iowa and 13 miles east of Waterloo.

Auction Details

Online at DreamDirt’s Online Bidding Portal

Sale Method

The farm will be sold on a per acre basis and your bid will be multiplied by 147.33 to arrive at your

Possession

Landlord possession will be granted at closing. The tenant pays rent in 2 parts so the seller will collect and keep 2016 rents. In turn the buyer will receive a cash credit at closing for $44,199 for 2016 rent and collect the full credit up front.

Closing

April 4, 2105

Earnest Money

Non-refundable 10% deposit upon becoming the successful buyer to be held in the sellers attorney’s trust accounts until closing

Terms and Conditions

Identification will be required to register to bid during this auction. Video and audio recording devices will be in use during the auction which may be broadcast via the Internet or used in other places. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. 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 or other approved holding account 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. The seller reserves the right to accept or reject any and all bids. Winning bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made auction day by the Auctioneer will take precedence over any previous material or oral statements. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve. Bidding remotely does not guarantee anonymity. 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.


 

Contact

Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (712) 592-8965

Email: Jason@DreamDirt.com

©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 to us 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.