Bidding Notice:

The farm will be offered in 2 tracts. Bidding will be live in person bidding or online bidding. There is a 2% BP.

Auction Information
Name 279 ACRES TILLABLE FARMLAND AUCTION HAMILTON CNTY, IA
Auctioneer
Type Live Webcast Auction
Date(s) 7/19/2018 - 8/1/2018
Auction Date/Time Info
8/1/2018 at 10:00 AM CST
Preview Date/Time Please call Jason Smith at 712-592-8965
Checkout Date/Time 8/1/2018
Location
Buyer Premium Online bidders see Terms
Description
ADVANCE NOTICE: More Info will be posted. This is a Live in person auction with online bidding available for those that can not attend in person. Agent Comments Look at the quality soil and bonus income here with 4 wind turbines paying $4000 each for a total of $16,000 annually. The farm will be offered in 2 tracts. You can buy 1 or 2 tracts. There are 2 turbines are each tract which split the farm equally. With 81.7 CSR2 and located on a hard surface road this farm would make a great investment for operator or investor alike. Sale Method The farm will be offered in 2 tracts. Bidding will be live in person bidding or online bidding. Home Description There is no home on this farm Building Description There are no buildings on this farm Possession Landlord Possession at closing. Full possession March 1, 2019. Closing September 5, 2018 Soil Productivity 81.7 Earnest Money You will place 5% of your high bid down the day of the auction. Farm Lease The lease for 2018 will be terminated by the seller in the 2018 crop year. 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 or other title conveyance instrument at their own expense unless otherwise noted. The 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. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful 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 on 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 until the reserve is achieved. 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 you to leave if your behavior is not in the best interest of the seller. Buyer's Premium: 2% Bidding Onsite, Online Directions to Farm The farm is located northeast of Webster City 7 miles near Blairsburg Iowa on County Road D20. Go east from Webster City on 220th Street or D25 7 miles to Poplar Grove Avenue. Go north 2.5 miles to the farm. From Blairsburg go north on Little Wall Lake Road 2.5 miles to 190th Street. Go west on 190th Street for 2 miles to the farm. Watch for signs on the farm.
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 or other title conveyance instrument at their own expense unless otherwise noted. The 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. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requires of any government programs or conservation programs on the farm or pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful 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 on 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 until the reserve is achieved. 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 you to leave if your behavior is not in the best interest of the seller. Buyer's Premium: 2%
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 You will place 5% of your high bid down the day of the auction with the remaining due at Closing.
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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.