Method & Terms

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Lot #0  (Sale Order: 1 of 4) 
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Description Terms of Sale
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This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-3.
 

The Schryver Trust farm will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect any of the tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered "Buyer's Choice" until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Thursday, May 2, 2024.

The seller will provide title insurance in the full amount of the purchase price and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 2024 taxes and beyond. Open lease for 2024 crop year and beyond with possession at closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".


CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 1

CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 2

CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 3


Frances Shepherd Schryver Trust


Representing Attorney:
Tyler Eathington | Quinn Johnston
227 NE Jefferson, Peoria, IL 61602 | (309) 674-1133

Auction Managers:
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645
Kevin Haas (309) 264-7767



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This item is part of Sangamon County, IL Land Auction - Schryver
 Tuesday, Apr 2, 2024 | 10:00 AM  Central
 
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Method & Terms
Method & Terms
Lot number: 0
Seller: Sullivan Auctioneers, LLC
Event: Sangamon County, IL Land Auction - Schryver
Ends: Tuesday, April 2 | 10:00 AM  Central

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