Auction Information
Name Minerals Auction
Auctioneer
Type Live Webcast Auction
Date(s) 8/21/2017 - 8/23/2017
Auction Date/Time Info
Auction will start promptly at 10:00 A.M.
Preview Date/Time For more information please call Ira at 580-334-6001
Checkout Date/Time Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with the balance due within 30 days of sale day. On-line Buyer's will be required to wire-transfer 10% of the purchase price to be placed in escrow on sale day.
Location
Buyer Premium Applied to on-line purchases only.
Description
350+ acres of Mineral Rights sold in 11 Tracts
Buyers attending this auction will be required to provide a valid photo I.D. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with the balance due within 30 days of sale. Seller guarantees marketable title. Buyer will receive a mineral deed only, no abstract. Buyer's should arrange financing and satisfy themselves as to actual record title prior to sale day. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supersede all advertisements. Online Bidders: Buyers may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. A 2% Buyer's Premium will be charged to the On-line Buyer's high bid. On-line Buyer's will be required to wire-transfer 10% of the purchase price to be placed in escrow on sale day.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Applied to on-line purchases only.
Payment Terms
Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with the balance due within 30 days of sale. On-line Buyer's will be required to wire-transfer 10% of the purchase price to be placed in escrow on sale day.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.