Name Madison County Iowa Farmland Auction
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 9/7/2017
9/7/17 at 10:00 AM CST
Preview Date/Time TBA
Checkout Date/Time 9/7/2017
Location Jackson Hall Building
Winterset, IA 50273
Buyer Premium Online bidders see Terms
Description
Auction Details This farm will be sold in 3 tracts including the larger farmland tract with 167 acres m/l, a 20 acre building or campsite with electric is 20 acres m/l and a smaller 18 acre m/l tract thats a nice small investment or a building site. Agent Comments ADVANCE NOTICE: This page will be updated with new infomration about this listing soon. Check back for changes. Home Description There is no home on this property but both Tract 1 and Tract 2 are potential building tracts that have a lot to offer and both are close to Winterset. Possession You will receive possession after the 2017 crop is harvested. Closing Closing will be held 30-45 days after the auction Earnest Money 5% will be required when you are the successful bidder. The 5% of your bid must be paid on auction day. Farm Lease The farm is leased for 2017.
Earnest Money 5% will be required when you are the successful bidder. The 5% of your bid must be paid on auction day. 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Online bidders see Terms
Payment Terms
5% will be required when you are the successful bidder. The 5% of your bid must be paid on auction day with the remaining balance due upon closing.