Name HD & Family farms LLC Real Property Auction
Auctioneer DreamDirt Farm and Ranch Real Estate, LLC.
Type Live Webcast Auction
Date(s) 9/16/2017
9/16/17
Preview Date/Time tbd
Checkout Date/Time 9/16/17
Location Super 8 Motel Meeting Room 825 S Linn Ave
Hampton, IA 50659
Buyer Premium Online bidders see Terms
Description
Very nice tillable farm and acreage with income from CRP and cash rent. Farm has been in the family for 60 years Personal property will be sold after the Real Estate at 12:30 PM onsite at the farm, located at 1309 180th Street Ionia, IA Agent Comments Dont miss out on the Opportunity to own this Farm. Farm has been in the family for 60 Years, and is unlikely you will have another chance to own it in the forseeable future Sale Method Real estate will be sold as 1 Tract. Sold by the acre using a bid multiplier of 97. 2% buyers premium will be added to final sales price to arrive at the final sale price for the farm Home Description 1084 Square feet of living area, 3 Bedroom / Full Bath, Gas Furnace, Vinyl Siding Property will be sold AS IS / WHERE IS with NO Septic inspection being done. All expenses to update the Septic System will be the responsibility of the Buyer Building Description 2 Grain bins, Garage, Corn crib, Pole shed, Machine shed, and a well pump shed Legal Description SW 1/4 27-96-14 Auction Location Super 8 Motel Meeting Room 825 S Linn Ave, New Hampton, IA 50659 Possession Landlord possession at closing . Full possession on March 1, 2018, unless other arrangements are made after harvest Closing Approximately 30 Days after sale date FSA Information 97.28 Farmland Acres 90.70 Cropland Acres 74.50 Effective DCP Cropland Corn Base Acres 69.80 ARC County Corn, Soybean Mineral Rights Conveyed with sale of the property Soil Productivity 83.9 CSR2 Earnest Money 10% Down Day of Sale Farm Lease Current 2017-2018 crop lease will be terminated prior to the auction Terms and Conditions CRP Contract will be conveyed to new owner. Family will retain all 2017 payments for crop lease and CRP 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.
Terms and Conditions CRP Contract will be conveyed to new owner. Family will retain all 2017 payments for crop lease and CRP Earnest Money 10% Down Day of Sale Possession Landlord possession at closing . Full possession on March 1, 2018, unless other arrangements are made after harvest Closing Approximately 30 Days after sale date
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
10% Down Day of Sale remainder paid upon closing