Method & Terms

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Lot #0  (Sale Order: 1 of 2) 
Bidding will begin on  Thursday, Jun 27, 2024 | 11:00 AM   Central
No bids placed USD 0.00
 
Description Terms of Sale
Item Description: Translate description

This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.


The Kerry farm will be sold on a price per acre basis, based on surveyed acres.

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 Friday, July 26, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Buyer will pay the 2024 real estate taxes due in 2025. The farm is being custom farmed; the buyer will receive all of the 2024 crop. Buyer will reimburse the seller for all 2024 crop inputs and all of the 2024 custom farming machinery and labor expense. Open lease for 2025 crop year. Possession at closing, subject to existing custom farming arrangement for the 2024 crop year only.

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".


Norman Kerry


Representing Attorney:
Brave Law Center PC
120 S Main St., Eureka, IL 61530 | (309) 467-3711

Auction Manager:
Kevin Haas (309) 264-7767


 

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This item is part of LaSalle County, IL Land Auction - Kerry
 Thursday, Jun 27, 2024 | 11:00 AM  Central
 
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Method & Terms
Method & Terms
Lot number: 0
Seller: Sullivan Auctioneers, LLC
Event: LaSalle County, IL Land Auction - Kerry
Ends: Thursday, June 27 | 11:00 AM  Central

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