Hamlin County ONLINE ONLY Farmland Auction – 160+/- Acres

Property Breakdown:

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Auction Date: November 10, 2020

Auction Location: {44.71322807881072,-97.36510444433593}

Acres: 160

Taxes: $3125.88 +/-

Type of Land: Agricultural

Contact Agent - Jordan Holland

Auction Details

Tract 1- Legal Description- NW 1/4 6-114-54 Acres- 155.05 +/- Taxable Acres- 155.05 +/- Taxes- $3125.88 +/- FSA Cropland Acres- 150.57 +/- Tillable Productivity Rating- 79.9 CRP- No FWS Easements- None

Legal Description: NW 1/4 6-114-54

Taxes: $3125.88 +/-

Land Use: Agricultural

Soil Productivity: 79.9

Sale Method: ONLINE ONLY Auction

Terms:

Condition: All tracts are sold ‘As-Is’ and all tracts are subject to any rights, CRP contracts, easements, restrictions and reservations of record and any other exceptions in the title work.
Inspection: Any bidder may inspect the property and its title. Please Contact Jordan Holland at 605-809-5552 to schedule an inspection appointment or to view title work.
Purchase Agreement: Winning bidder must sign a purchase agreement in the form provided by AgVisors and deliver it along with the Earnest Money to AgVisors within 24 hours of being declared the winning bidder.
Taxes: 3,125.88 +/-
Earnest Money: Winning bidder must deliver 10% of the purchase price as nonrefundable Earnest Money. The payment may be in the form of wire transfer, cashier’s check, personal check, or company check. All funds will be deposited in AgVisors’ or closing agent's trust account until the Closing.
Closing: Closing will take place on or before December 11th, 2020. Closing will be conducted by Wilkinson & Schumacher Law Prof. LLC in DeSmet, SD.
Contingencies: Seller will not accept contingencies of any kind. All bids are deemed cash bids and bidders must have financing approved before bidding.
Possession: Seller will deliver possession at closing.
Purchase Price Adjustments: Seller and buyer will equally split the closing fees and premium and search fee for an Owner's Title Insurance Policy. Buyer will pay the premium and search for any Mortgagee Title insurance policy and for any endorsements. Seller will pay the transfer fee and the deed preparation fee. Buyer will pay to record the deed.

Registration: Prospective bidders must register at bid.agvisorsllc.com to bid on any Tract or contact AgVisors to make other bidding arrangements.
Agency- AgVisors, LLC represents the seller only.
Survey: No survey will be conducted. Seller makes no guarantee to number of acres on each tract.
Seller: Gary D Wiseman Living Trust Etal
Real Estate Taxes: Seller will pay taxes assessed and special assessments in 2019 payable in 2020. 2020 taxes and special assessments payable in 2021 will be paid by the seller. Taxes and special assessments thereafter are the responsibility of the buyer.
Auctioneer: Jordan Holland
Bidder Obligation: By registering to bid or placing a bid, you agree to be bound by all of these terms & conditions and any other announced terms and conditions of sale or rules of the site. Online bidders are bound by their online bids to the same extent as if the bid had been made in person at an auction. By bidding you agree to purchase the property for the gross dollars determined by final sale price. A Bidder is legally bound to purchase the Tract when AgVisors informs the Bidder that they have won the auction. By bidding you agree to be bound by and to abide by government contract or conservation program requirements and any failure to do so will obligate the Bidder to pay any fee, assessment, and penalty imposed as a result of the violation.
Bid Terms: Bidding increments are solely at the discretion of the Auctioneer. AgVisors may accept absentee bids from bidders that cannot directly participate in the auction or bid on behalf of the seller to meet a reserve. All absentee or telephone bidders will be disclosed at the auction. Video and audio recording devices will be used during the auction which may be broadcast via internet or used other places. All decisions of the Auctioneer are final. AgVisors, LLC reserves the right to utilize or change the auction method at the Seller’s discretion, at any time.

Bid Formula: Bidders must bid on the Tracts using the following formula:

Tract 1- YOUR BID PER ACRE X 155.05 =BID AMOUNT

Investigation & Inspection: It is the bidder's obligation to independently investigate the Tracts and bidders must rely on their own conclusions.
Information Accuracy: All sketches, dimensions, and acreage figures are approximate. AgVisors makes no guarantee of actual dimensions or acres or its accuracy. AgVisors makes no representations or warranties regarding the accuracy of any information provided on this website or in print. AgVisors reserves the right to change this bidder information at anytime. You must check this website frequently and on the final day of the sale to ensure your bid takes into account the most recent bidder information.
Bid Determination: AgVisors reserves the right to reject any bid. Sale is subject to Seller confirmation.
Questions: ASK QUESTIONS BEFORE YOU BID. THERE ARE NO REFUNDS AND NO RETURNS.

Buyer's Prospectus

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Directions:

Photos of Property

Disclosure:

Information provided was obtained from sources deemed reliable, however, the broker makes no guarantee as to its accuracy. All prospective buyers are urged to inspect the property, its title, and to rely on their own conclusions. Sellers have the right to reject and any all offers.