190 Acres Monona County Farmland
Past Auction
Bidding Notice:

There will NOT be a buyers premium for this auction

Auction Information
Name 190 Acres Monona County Farmland
Auctioneer
Type Live Webcast Auction
Date(s) 1/4/2018 - 2/7/2018
Auction Date/Time Info
2/7/2018 10:00AM CST
Preview Date/Time Call Jason Smith 712-592-8965
Checkout Date/Time 2/7/2018
Location
Buyer Premium Online bidders see Terms
Description
This is a live auction with online bidding. There is NO BUYER FEE for this auction. Come join us at Sloan Iowa on February 7th at 10AM to place your bids on these nice northern Monona County Farms! Agent Comments A really nice set of productive farms and a great opportunity to add acres to your operation and increase your production! Look at the soils here! Sale Method The farms will be sold as individual tracts with no combination bidding. Both live and online bidding is available. Home Description There are no homes on the 3 farms Building Description There are no buildings on any of the 3 farms Legal Description All farms are located in Lake Township (85N-46W) Monona County Iowa. Tract 1 is located in Section 3, Tract 2 is located in Section 7 and Tract 3 is located in Section 30. Possession Full possession in 2018 Closing March 8, 2018 FSA Information To be added Mineral Rights All mineral rights owned by the seller will transfer to the buyer. Soil Productivity Tract 1 82.9 CSR2, Tract 2 65 CSR2, Tract 3 61.9 CSR2 Taxes To be added Earnest Money 5% due the day of auction Farm Lease There are no leases on the farms 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.
Earnest Money 5% due the day of auction
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
Earnest Money 5% due the day of auction remainder due upon closeing.
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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.