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1,045+/- Acres in 17 Tracts

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1045+/- Ac In Decatur Co. In 17 Tracts
Davis, IA 50065
Property Type:Land
Description:1045.75+/- ac
Sign In To Bid
Auctions Nov 29 at 12:00pm CST
Auction Info
Auction Date/Time:
Thursday, November 29, 2018
at 12:00pm CST
Auction Location:
Davis City Community Center, 209 North Bridge St
Davis City, IA 50065
Open Public Inspections:
Property can be viewed at your convenience during daylight hours.

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Lot size per county records. IA Broker: Jeff Ashby Re Lic B62016000 Whitetail Properties Real Estate, LLC - Dan Perez, Broker Re Lic B56932000 Williams & Williams Re Lic Williams & Williams Marketing Services, Inc. F03628000

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Land
Bedrooms:
N/A
Bathrooms:
N/A
Square Footage:
N/A
Lot Size:
1045.75+/- ac
Year Built:
N/A
Property ID:
352744
1045+/- Ac In Decatur Co. In 17 Tracts, Davis, IA

1045.75+/- acres in Decatur County Iowa. 832.5+/- acres of prime bottom tillable with high CSR2 soils and excellent production history cash rented for $167,230 annually (73+/- acres @ $210/acre + 759.5+/- acres @ $200/ac). 56.1+/- acres of CRP pays $13,102. Open Tenancy for the 2019 Crop year. Farm has excellent access mostly from hard surface roads and also from gravel county roads. Farm location allows for good access local grain markets. Tillable soils are some of the best in class offering highly productive farming with excellent yields. Current renters have farmed the tillable for years and have done an excellent job with fertility, drainage, and access to ensure the tillable acres remain productive for years to come. Current renters would continue to rent for a competitive rate under right terms and conditions. Located in south central Iowa near Davis City, IA, only a few miles off Interstate 35, 1 hour from Des Moines, 2 hours from Kansas City, MO. Buffer strip CRP throughout farm provides erosion control along rivers/creeks and enhances income

Tract 1N – 12.25+/- acres with 4.62+/- tillable acres cash rented at $200.00/acre for a total of $924.00 annually. .77+/- acres CRP acres at $247.10/acre (until 2021/field 3) pays $190.27 annually. Blacktop road frontage on Highway 69 with potential building site. Creek bottom habitat attracts wildlife. Property provides a nice income and a place to build a home or cabin. Predominant Soils Lawson Silt Loam, Cantril Loam.

Tract 2N – 105+/- acres with 82.6+/- tillable acres cash rented at $200.00/acre for a total of $16,520.00 annually. 3.32+/- CRP acres at $247.10/acre (until 2021/field 6) pays $820.37 annually + 9.27+/- CRP acres @ unknown (Field 7) = $ annually. Blacktop road frontage with good access for farm equipment. Little River winds along edge of property. Filter strip CRP and tillable provide an excellent income. 74.3 Average CSR2. Predominant soils Nodaway Silt Loam, Vesser Silt Loam, Coppock Silt Loam.

Tract 3N – 79.5+/- acres with 63.3+/- tillable acres cash rented at $200.00/acre for a total of $12,354.00 annually. 1.89+/- CRP acres at $225.13/acre (until 2021/field 4) pays $425.50 annually. 9.27+/- CRP acres at $239.02/acre (until 2025/field 5) pays $296.38 annually. 1.46+/- CRP acres at $236.24/acre (until 2026/field 19) pays $344.91 annually. Recorded rock road easement access. Excellent history of high yields and farm has been well maintained by owner/producers. Little River winds around south boundary and McGruder creek runs along west boundary. Filter strip CRP and tillable provide excellent income. 62.84 Average CSR2. Predominant soils Zook silt loam, Vesser silt loam, Nodaway-Lawson-Klum complex.

Tract 4N - 99+/- acres with 83.4+/- tillable acres cash rented at $200.00/acre for a total of $16,652.00 annually. 2.31+/- CRP acres at $239.02/acre (until 2025/field 6) pays $552.14 annually. Recorded rock road easement access. Excellent history of high yields and farm has been well maintained by owner/producers. Little River winds around south boundary. Filter strip CRP and tillable provide excellent income. Average CSR2 73.95. Predominant soils Nodaway-Klum-Lawson Comples, Humeston silt loam, Zook silty clay loam.

Tract 5N - 88+/- acres with 69.5+/- tillable acres cash rented at $200.00/acre for a total of $13,590.00 annually. 2.23+/- CRP acres at $239.02/acre (until 2025/field 8) pays $533.01 annually. 1.22+/- CRP acres at $239.02/acre (until 2025/field 13) pays $291.60 annually. 1.44+/- CRP acres at $239.02/acre (until 2025/field 15) pays $344.19 annually. 1.42+/- CRP acres at $236.24/acre (until 2026/field 29) pays $335.46 annually. Little River runs along west boundary. Excellent history of high yields and farm has been well maintained by owner/producers. Good rock road access to both farm fields. Farm is in the heart of an intensely managed area for trophy whitetails. Average CSR2 73.76. Predominant soils include: Nodaway silt loam, Zook silt loam, Nodaway-Klum-Lawson Complex.

Tract 6N - 97+/- acres with 62.42+/- tillable acres cash rented at $200.00/acre for a total of $12,484.00 annually. .78 CRP+/- acres at $239.02/acre (until 2025/field 10) pays $186.44 annually. 3.06+/- CRP acres at $239.02/acre (until 2025/field 11) pays $731.40 annually. .88+/- CRP acres at $239.02/acre (until 2025/field 12) pays $210.34 annually. 2.54+/- CRP acres at $236.24/acre (until 2026/field 16) pays $600.05 annually. .84+/- CRP acres at $239.02/acre (until 2025/field 18) pays $200.78 annually. 3.26+/- CRP acres at $236.24/acre (until 2026/field 25) pays $770.14 annually. Farm is in the heart of an intensely managed area for trophy whitetails. Average CSR2 64.61. Predominant soils include: Zook silt loam, Humeston silt loam, Vesser silt loam.

Tract 7N - 79+/- acres with 68.77+/- tillable acres cash rented at $200.00/acre for a total of $13,754 annually. 1.35+/- CRP acres at $239.02/acre (until 2025/field 3) pays $322.68 annually. .54+/- CRP acres at $239.02/acre (until 2025/field 7) pays $129.07 annually. .83+/- CRP acres at $236.24 (until 2026/field 22) pays $196.08 annually. Good rock road access for equipment access. Little River winds along southern boundary. Excellent history of high yields and farm has been well maintained by owner/producers. Average CSR2 67.9. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Nodaway Silt Loam.

Tract 8N - 29+/- acres with 13.37+/- tillable acres cash rented at $200.00/acre for a total of $2,674.00 annually. 1.12+/- CRP acres at $239.02/acre (until 2025/field 4) pays $267.70 annually. .42+/- CRP acres at $239.02/acre (until 2025/field 14) pays $100.39 annually. Creek bottom, thick brush and timber hold trophy whitetails and wild turkeys. Tillable provides a nice income for a small chunk and attracts wildlife. Borders a huge block of timber that is full of wildlife. Average CSR2 74.8. Predominant soils include: Nodaway-Lawson-Klum Complex, Nodaway Silt Loam.

Tract 1S – 60+/- acres with 54.11+/- tillable acres cash rented at $200.00/acre for a total of $10,822 annually. 1.77+/- CRP acres @ $243.51 (until 2025/Field 3 and 4) = $431.27. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Farm has had excellent, dependable renters for the last 10 years. Average CSR2 75.12.Predominant soils include: Zook Silty Clay Loam, Bremer Silty Clay Loam, Nevin Silty Clay Loam.

Tract 2S – 30+/- acres with 26.17+/- tillable acres cash rented at $200.00/acre for a total of $5234 annually. 1.31+/- CRP acres at $243.51/acre (until 2025/fields 5 and 6) pays $319 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 71.69. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Bremer Silty Clay Loam.

Tract 3S - 40+/- acres with 36.36+/- tillable acres cash rented at $200.00/acre for a total of $7,272.00 annually. .67+/- CRP acres at $238.37/acre (until 2025/field 2) pays $159.71 annually. .94+/- CRP acres at $238.37/acre (until 2025/field 3) pays $224.07 annually. .68+/- CRP acres at $? (pollinator/field 16) pays $?? Annually. Farm has been well maintained by owner/producers. Average CSR2 58.78. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Wabash Silty Clay.

Tract 4S - 38+/- acres with 36.51+/- tillable acres cash rented at $200.00/acre for a total of $7,302.00 annually. Farm has been well maintained by owner/producers. Average CSR2 44.7. Predominant soils include: Wabash Silty Clay, Zook Silty Clay Loam, Nevin Silty Clay Loam.

Tract 5S - 80+/- acres with 79.33+/- tillable acres cash rented at $200.00/acre for a total of $15,866.00 annually. .89+/- CRP acres at $243.51/acre (until 2025/field 3) pays $216.72 annually. 2.5+/- CRP acres at $204.96/acre (until 2026/field 11) pays $512.40 annually. Average CSR2 70. Predominant soils include: Wabash Silty Clay, Zook Silty Clay Loam, Bremer Silty Clay Loam.

Tract 6S - 40+/- acres with 35.34+/- tillable acres cash rented at $200.00/acre for a total of $7,068.00 annually. 1+/- CRP acre @ $238.37 (until 2025/Field 5) = $238.37. 1.59+/- CRP acre @ $238.37 (until 2025/Field 6) = $379.01. Excellent history of high fertility and yields – same renters for last 10 years. Farm has been well maintained by owner/producers. Average CSR2. Predominant soils include: Humeston Silt Loam, Wabash Silty Clay, Pershing Silt Loam.

Tract 7S - 43+/- acres with 33.5+/- tillable acres cash rented at $200/acre for a total of $6700 annually. 1.43+/- CRP acres @ $291.44 (Until 2025/field 2) pays $416.76 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 70. Predominant soils include: Zook Silty Clay Loam, Wabash Silty Clay, Humeston Silt Loam.

Tract 8S - 57+/- acres with 49.26+/- tillable acres cash rented at $200.00/acre for a total of $9,852.00 annually. 1.12 CRP acres at $256.41/acre (until 2025/field 1) pays $287.18 annually. .74 CRP acres at $291.44/acre (until 2025/field 3) pays $215.67 annually. Located just south of Davis City off of blacktop highway J66. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 70.12. Predominant soils include: Lawson Silt Loam, Nodaway-Lawson-Klum Complex, Humeston Silt Loam.

Tract 9S - 69+/- acres with 53.80+/- tillable acres cash rented at $200.00/acre for a total of $10,760.00 annually. 1.38+/- CRP acres at $280.02/acre (until 2026/field 2) pays $386.43 annually. 6.44+/- CRP acres at $179.54/acre (until 2026/field 3) pays $1,156.24 annually. .23+/- CRP acres at $280.02/acre (until 2026/field 4) pays $64.40 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 60.2. Predominant soils include: Nodaway-Lawson-Klum Complex, Humeston Silt Loam, Wabash Silt Loam.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.7329

On The Lawn
1045+/- Ac In Decatur Co. In 17 Tracts
Davis, IA 50065
Property Type:Land
Description:1045.75+/- ac
Sign In To Bid
Auctions Nov 29 at 12:00pm CST

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Lot size per county records.

IA Broker: Jeff Ashby Re Lic B62016000 Whitetail Properties Real Estate, LLC - Dan Perez, Broker Re Lic B56932000 Williams & Williams Re Lic Williams & Williams Marketing Services, Inc. F03628000

Auction Date/Time:
Thursday, November 29, 2018
at 12:00pm CST
Auction Location:
Davis City Community Center, 209 North Bridge St
Davis City, IA 50065
Open Public Inspections:
Property can be viewed at your convenience during daylight hours.

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Land
Bedrooms:
N/A
Bathrooms:
N/A
Square Footage:
N/A
Lot Size:
1045.75+/- ac
Year Built:
N/A
Property ID:
352744
1045+/- Ac In Decatur Co. In 17 Tracts, Davis, IA

1045.75+/- acres in Decatur County Iowa. 832.5+/- acres of prime bottom tillable with high CSR2 soils and excellent production history cash rented for $167,230 annually (73+/- acres @ $210/acre + 759.5+/- acres @ $200/ac). 56.1+/- acres of CRP pays $13,102. Open Tenancy for the 2019 Crop year. Farm has excellent access mostly from hard surface roads and also from gravel county roads. Farm location allows for good access local grain markets. Tillable soils are some of the best in class offering highly productive farming with excellent yields. Current renters have farmed the tillable for years and have done an excellent job with fertility, drainage, and access to ensure the tillable acres remain productive for years to come. Current renters would continue to rent for a competitive rate under right terms and conditions. Located in south central Iowa near Davis City, IA, only a few miles off Interstate 35, 1 hour from Des Moines, 2 hours from Kansas City, MO. Buffer strip CRP throughout farm provides erosion control along rivers/creeks and enhances income

Tract 1N – 12.25+/- acres with 4.62+/- tillable acres cash rented at $200.00/acre for a total of $924.00 annually. .77+/- acres CRP acres at $247.10/acre (until 2021/field 3) pays $190.27 annually. Blacktop road frontage on Highway 69 with potential building site. Creek bottom habitat attracts wildlife. Property provides a nice income and a place to build a home or cabin. Predominant Soils Lawson Silt Loam, Cantril Loam.

Tract 2N – 105+/- acres with 82.6+/- tillable acres cash rented at $200.00/acre for a total of $16,520.00 annually. 3.32+/- CRP acres at $247.10/acre (until 2021/field 6) pays $820.37 annually + 9.27+/- CRP acres @ unknown (Field 7) = $ annually. Blacktop road frontage with good access for farm equipment. Little River winds along edge of property. Filter strip CRP and tillable provide an excellent income. 74.3 Average CSR2. Predominant soils Nodaway Silt Loam, Vesser Silt Loam, Coppock Silt Loam.

Tract 3N – 79.5+/- acres with 63.3+/- tillable acres cash rented at $200.00/acre for a total of $12,354.00 annually. 1.89+/- CRP acres at $225.13/acre (until 2021/field 4) pays $425.50 annually. 9.27+/- CRP acres at $239.02/acre (until 2025/field 5) pays $296.38 annually. 1.46+/- CRP acres at $236.24/acre (until 2026/field 19) pays $344.91 annually. Recorded rock road easement access. Excellent history of high yields and farm has been well maintained by owner/producers. Little River winds around south boundary and McGruder creek runs along west boundary. Filter strip CRP and tillable provide excellent income. 62.84 Average CSR2. Predominant soils Zook silt loam, Vesser silt loam, Nodaway-Lawson-Klum complex.

Tract 4N - 99+/- acres with 83.4+/- tillable acres cash rented at $200.00/acre for a total of $16,652.00 annually. 2.31+/- CRP acres at $239.02/acre (until 2025/field 6) pays $552.14 annually. Recorded rock road easement access. Excellent history of high yields and farm has been well maintained by owner/producers. Little River winds around south boundary. Filter strip CRP and tillable provide excellent income. Average CSR2 73.95. Predominant soils Nodaway-Klum-Lawson Comples, Humeston silt loam, Zook silty clay loam.

Tract 5N - 88+/- acres with 69.5+/- tillable acres cash rented at $200.00/acre for a total of $13,590.00 annually. 2.23+/- CRP acres at $239.02/acre (until 2025/field 8) pays $533.01 annually. 1.22+/- CRP acres at $239.02/acre (until 2025/field 13) pays $291.60 annually. 1.44+/- CRP acres at $239.02/acre (until 2025/field 15) pays $344.19 annually. 1.42+/- CRP acres at $236.24/acre (until 2026/field 29) pays $335.46 annually. Little River runs along west boundary. Excellent history of high yields and farm has been well maintained by owner/producers. Good rock road access to both farm fields. Farm is in the heart of an intensely managed area for trophy whitetails. Average CSR2 73.76. Predominant soils include: Nodaway silt loam, Zook silt loam, Nodaway-Klum-Lawson Complex.

Tract 6N - 97+/- acres with 62.42+/- tillable acres cash rented at $200.00/acre for a total of $12,484.00 annually. .78 CRP+/- acres at $239.02/acre (until 2025/field 10) pays $186.44 annually. 3.06+/- CRP acres at $239.02/acre (until 2025/field 11) pays $731.40 annually. .88+/- CRP acres at $239.02/acre (until 2025/field 12) pays $210.34 annually. 2.54+/- CRP acres at $236.24/acre (until 2026/field 16) pays $600.05 annually. .84+/- CRP acres at $239.02/acre (until 2025/field 18) pays $200.78 annually. 3.26+/- CRP acres at $236.24/acre (until 2026/field 25) pays $770.14 annually. Farm is in the heart of an intensely managed area for trophy whitetails. Average CSR2 64.61. Predominant soils include: Zook silt loam, Humeston silt loam, Vesser silt loam.

Tract 7N - 79+/- acres with 68.77+/- tillable acres cash rented at $200.00/acre for a total of $13,754 annually. 1.35+/- CRP acres at $239.02/acre (until 2025/field 3) pays $322.68 annually. .54+/- CRP acres at $239.02/acre (until 2025/field 7) pays $129.07 annually. .83+/- CRP acres at $236.24 (until 2026/field 22) pays $196.08 annually. Good rock road access for equipment access. Little River winds along southern boundary. Excellent history of high yields and farm has been well maintained by owner/producers. Average CSR2 67.9. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Nodaway Silt Loam.

Tract 8N - 29+/- acres with 13.37+/- tillable acres cash rented at $200.00/acre for a total of $2,674.00 annually. 1.12+/- CRP acres at $239.02/acre (until 2025/field 4) pays $267.70 annually. .42+/- CRP acres at $239.02/acre (until 2025/field 14) pays $100.39 annually. Creek bottom, thick brush and timber hold trophy whitetails and wild turkeys. Tillable provides a nice income for a small chunk and attracts wildlife. Borders a huge block of timber that is full of wildlife. Average CSR2 74.8. Predominant soils include: Nodaway-Lawson-Klum Complex, Nodaway Silt Loam.

Tract 1S – 60+/- acres with 54.11+/- tillable acres cash rented at $200.00/acre for a total of $10,822 annually. 1.77+/- CRP acres @ $243.51 (until 2025/Field 3 and 4) = $431.27. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Farm has had excellent, dependable renters for the last 10 years. Average CSR2 75.12.Predominant soils include: Zook Silty Clay Loam, Bremer Silty Clay Loam, Nevin Silty Clay Loam.

Tract 2S – 30+/- acres with 26.17+/- tillable acres cash rented at $200.00/acre for a total of $5234 annually. 1.31+/- CRP acres at $243.51/acre (until 2025/fields 5 and 6) pays $319 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 71.69. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Bremer Silty Clay Loam.

Tract 3S - 40+/- acres with 36.36+/- tillable acres cash rented at $200.00/acre for a total of $7,272.00 annually. .67+/- CRP acres at $238.37/acre (until 2025/field 2) pays $159.71 annually. .94+/- CRP acres at $238.37/acre (until 2025/field 3) pays $224.07 annually. .68+/- CRP acres at $? (pollinator/field 16) pays $?? Annually. Farm has been well maintained by owner/producers. Average CSR2 58.78. Predominant soils include: Humeston Silt Loam, Zook Silty Clay Loam, Wabash Silty Clay.

Tract 4S - 38+/- acres with 36.51+/- tillable acres cash rented at $200.00/acre for a total of $7,302.00 annually. Farm has been well maintained by owner/producers. Average CSR2 44.7. Predominant soils include: Wabash Silty Clay, Zook Silty Clay Loam, Nevin Silty Clay Loam.

Tract 5S - 80+/- acres with 79.33+/- tillable acres cash rented at $200.00/acre for a total of $15,866.00 annually. .89+/- CRP acres at $243.51/acre (until 2025/field 3) pays $216.72 annually. 2.5+/- CRP acres at $204.96/acre (until 2026/field 11) pays $512.40 annually. Average CSR2 70. Predominant soils include: Wabash Silty Clay, Zook Silty Clay Loam, Bremer Silty Clay Loam.

Tract 6S - 40+/- acres with 35.34+/- tillable acres cash rented at $200.00/acre for a total of $7,068.00 annually. 1+/- CRP acre @ $238.37 (until 2025/Field 5) = $238.37. 1.59+/- CRP acre @ $238.37 (until 2025/Field 6) = $379.01. Excellent history of high fertility and yields – same renters for last 10 years. Farm has been well maintained by owner/producers. Average CSR2. Predominant soils include: Humeston Silt Loam, Wabash Silty Clay, Pershing Silt Loam.

Tract 7S - 43+/- acres with 33.5+/- tillable acres cash rented at $200/acre for a total of $6700 annually. 1.43+/- CRP acres @ $291.44 (Until 2025/field 2) pays $416.76 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 70. Predominant soils include: Zook Silty Clay Loam, Wabash Silty Clay, Humeston Silt Loam.

Tract 8S - 57+/- acres with 49.26+/- tillable acres cash rented at $200.00/acre for a total of $9,852.00 annually. 1.12 CRP acres at $256.41/acre (until 2025/field 1) pays $287.18 annually. .74 CRP acres at $291.44/acre (until 2025/field 3) pays $215.67 annually. Located just south of Davis City off of blacktop highway J66. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 70.12. Predominant soils include: Lawson Silt Loam, Nodaway-Lawson-Klum Complex, Humeston Silt Loam.

Tract 9S - 69+/- acres with 53.80+/- tillable acres cash rented at $200.00/acre for a total of $10,760.00 annually. 1.38+/- CRP acres at $280.02/acre (until 2026/field 2) pays $386.43 annually. 6.44+/- CRP acres at $179.54/acre (until 2026/field 3) pays $1,156.24 annually. .23+/- CRP acres at $280.02/acre (until 2026/field 4) pays $64.40 annually. Excellent history of high fertility and yields. Farm has been well maintained by owner/producers. Average CSR2 60.2. Predominant soils include: Nodaway-Lawson-Klum Complex, Humeston Silt Loam, Wabash Silt Loam.

Questions?

This individual seller chose to auction their property for a time-definite sale. If you have questions about this property, please email Customer Service or call 918.362.7329

Terms of Sale:

Thank you for participating this Williams & Williams (“Auctioneer”) Auction. The auction and conveyance of each property shall be governed by, and your registration (online and/or in person) evidences your agreement with, the Contract for Sale at Auction, including all addenda, exhibits, disclosures, and other required documents (together, the “Contract for Sale”) and the Sale Day Notes, Auctioneer disclosures, and these Terms of Sale.  Each of these documents govern your bid and the sale of the property. The Terms of Sale are non-negotiable and irrevocable.  Good luck and good bidding!

All bidders must complete the registration process.  In addition, the high bidder will be required to pay a Williams & Williams Technology Fee of $199 at closing.  By bidding you are representing to the Auctioneer and the seller that you have read and agree to be bound by all terms and conditions for this sale as stated herein.  DO NOT BID unless you have read and agreed to be bound by Contract for Sale, Sale Day Notes, Disclosures, and these auction Terms of Sale as they are enforceable against you.

AUCTIONEER POWERS & AUCTION PROCESSBidding starts at the identified nominal Opening Bid(s) and is open to the public.  The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction.  The Auctioneer will call the sale and control any increments of bidding.  To make a bid, raise your hand or bid card to be recognized.  The bidding usually takes less than three (3) minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer, and the Auctioneer reserves the right to enter bids on behalf of absentee bidders.  Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

SUBJECT TO SELLER ACCEPTANCEAll auctions are subject to court or seller approval.  Most sales are approved within fourteen (14) days. Buyers are not allowed possession until closing and filing of the deed, at which time the property should be re-keyed.  If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from buyers after the auction may not be able to be accommodated.

DOWN PAYMENT.  Each high bidder must make a ten percent (10%) non-refundable deposit per property with a $5,000 minimum amount at the conclusion of the auction.  If the minimum down payment amount exceeds the Total Purchase Price reflected on the Contract for Sale, the down payment will be modified to an amount equal to the Total Purchase Price.  Please review the auction Terms of Sale, Contract for Sale, and/or Disclosures for the required Down Payment amount.  Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted.  If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing.  Once the Seller approves the Sale, the down payment will be credited to the purchase price. The balance of the purchase price, Buyer’s Premium (Buyer’s Fee), all closing costs, and the Technology Fee are due at closing. Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. IT IS THE BUYER’S RESPONSIBILITY TO CONTACT A LOCAL TITLE AGENCY OR REAL ESTATE ATTORNEY FOR A PROPERTY SPECIFIC ESTIMATE PRIOR TO PLACING A BID. Down payments will not be forwarded to a title company, or other party, for closing until Auctioneer's financial institution has received notice of "good, cleared funds" for the deposit.

BUYER’S FEE.  A Buyer's Premium (Buyer's Fee in WI) of 3% ($1,000 minimum) will be applicable to the sale of each Property (see Property Description section of the property webpage). The Auction Services or Buyer’s Premium (Buyer’s Fee) is added to the high bid and included in the total purchase price.  PLEASE SEE THE PROPERTY DESCRIPTION SECTION OF THE PROPERTY WEBPAGE TO DETERMINE IF EITHER AN AUCTION SERVICES FEE OR BUYER’S PREMIUM (BUYER’S FEE) APPLIES.  In addition, please review the Sample Contract for Sale and/or the Auctioneer regarding specific information and terms related to each property and auction. 

CANCELLATION; LIQUIDATED DAMAGES.  If the high bidder breaches any portion of the of these auction Terms of Sale, or the Contract for Sale and/or fails to return all executed copies of all required documents or the required down payment, the bidder’s high bid offer shall be rejected by the seller and all rights to purchase the property, if any, shall terminate with the seller having the right to offer for sale or sell the property to another without limitation, and the bidder shall pay Auctioneer liquidated damages in an amount equal to the bid deposit held on bidder’s credit card at the time of registration (regardless of whether the bidder actually processed the bid deposit).  The bidder hereby authorizes Auctioneer to charge the credit card used to register for the Event in the amount of the hold to satisfy all or part of the liquidated damages owed to Auctioneer by bidder.  BIDDER AGREES THAT IT IS EXTREMELY DIFFICULT OR IMPOSSIBLE OR IMPRACTICAL TO ACCURATELY ESTIMATE THE AMOUNT OR EXTENT OF AUCTIONEER’S ACTUAL INJURY OR DAMAGE RESULTING FROM A MATERIAL BREACH OF THIS AGREEMENT BY THE BIDDER, AND BASED ON THE UNCERTAINTY OF SUCH ESTIMATION, THE BIDDER AGREES THAT LIQUIDATED DAMAGES IDENTIFIED HEREIN ARE A PROPER REMEDY FOR BIDDER’S MATERIAL BREACH OF THIS AGREEMENT. THE BIDDER FURTHER AGREES THAT THE LIQUIDATED DAMAGES AMOUNT SET FORTH HEREIN CONSTITUTES A REASONABLE AND SATISFACTORY PRE-BREACH ESTIMATION OF EACH PARTY’S DAMAGES AND SHALL NOT IN ANY WAY BE CONSIDERED A PENALTY OR FOREFEITURE.

AS IS, WHERE IS SALEAll properties are sold "AS IS, WHERE IS" with no financing, inspection, or other contingencies to sale.  Auctioneer represents the seller only and does not inspect properties on bidder's behalf. Bidders must conduct their own due diligence and investigation of each property to determine the suitability of each parcel prior to placing a bid. Bidders must rely solely upon their own investigation and NOT any information provided by the Seller or Auctioneer.  Failure of a bidder to be fully informed on the condition of a property will not constitute grounds for a claim adjustment or to cancel the sale.  All the information contained regarding this property was obtained from official county maps or other sources deemed reliable, but is not guaranteed and may be in error.  Furthermore, the Auctioneer and Seller DO NOT WARRANT the accuracy thereof.  Seller has made no independent investigation of any information provided, and assumes no responsibility for the providing of or absence of any information, whatsoever, or for the accuracy thereof.  Read the Contract for Sale and Sale Day Notes to determine the existence of any disclosures, exclusions, representations, and disclaimers.  Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

INSURABLE TITLE.  Unless otherwise disclosed, bidder will receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract for Sale (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

NOTICE: Institutional and Fiduciary Sellers (courts, government agencies, banks, and trustees) have not occupied the properties and have NO information to provide for disclosure.  Properties are sold “AS IS, WHERE IS” and should be fully inspected prior to submitting a bid.

CONTRACT FOR SALE DEFAULT.  If the high bidder executes the Contract for Sale and other required documents and tenders the down payment, but fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), the high bidder shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all down payment monies as liquidated damages to Seller.  PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act.

BUYER’S CHOICE.  If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time.  This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property.  Upon winning the bid, please choose which property or properties, you want. You pay the high bid price for each property selected.  Each sale is final and stands alone. Remaining properties are then offered in another round of bidding.  Anyone may bid at any time, including prior high bidders.

ASSUMPTION OF RISK.  YOUR INSPECTION OF THE PROPERTY(IES) AND ATTENDANCE AT THIS AUCTION ARE AT YOUR OWN RISK.  AUCTIONEER, SELLER, AND THEIR RESPECTIVE AGENTS, CONTRACTORS, AND EMPLOYEES EXPRESSLY DISCLAIM ANY "INVITEE" RELATIONSHIP AND SHALL NOT BE LIABLE TO ANY PERSON FOR DAMAGE TO THEIR PERSON OR PROPERTY WHILE IN, ON, OR ABOUT THESE PROPERTIES, NOR SHALL THEY BE LIABLE FOR ANY DEFECTS, DANGERS OR CONDITIONS ON THE PROPERTY(IES).  ALL PERSONS ENTER THE PROPERTY(IES) AND ATTEND THE AUCTION AT THEIR OWN RISK AND SHALL DEFEND, INDEMNIFY, AND SAVE HARMLESS BROKER AND SELLER, THEIR AGENTS, CONTRACTORS, AND EMPLOYEES FROM ANY AND ALL LIABILITY ATTENDANT THERETO.

DISCLAIMERS & NO WARRANTIESAUCTIONEER AND THE SELLER EXPRESSLY DISCLAIM ANY LIABILITY FOR ERRORS, OMISSIONS, OR CHANGES REGARDING ANY INFORMATION PROVIDED FOR THESE SALES. PLEASE READ THE CONTRACT FOR SALE, AND SALE DAY NOTES FOR A FULL AND COMPLETE UNDERSTANDING OF AUCTIONEER AND SELLER'S DISCLAIMERS.  SELLER AND AUCTIONEER HAVE NO KNOWLEDGE OF THE SUBJECT PROPERTY OR ITS FIXTURES OR CONDITION AND ARE NOT RESPONSIBLE FOR SUCH.  BIDDERS ARE STRONGLY URGED TO RELY SOLELY UPON THEIR OWN INSPECTIONS AND OPINIONS IN PREPARING TO PURCHASE PROPERTY AND ARE EXPRESSLY ADVISED TO NOT RELY ON ANY REPRESENTATIONS MADE BY THE SELLER OR THEIR AGENTS AND EMPLOYEES. PROPERTY INFORMATION MAY CHANGE WITHOUT NOTICE AND POTENTIAL PURCHASERS SHOULD INVESTIGATE ALL DATA FULLY BEFORE RELYING UPON IT.

YOU ARE ENTERING A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS.  THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY, FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE'S SELF OR ACTING AS AN AGENT. ANY BIDDER WHO FAILS TO CONSUMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE SELLER AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS.

Disclosures:
• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

• Survey Fee Disclosure. BUYER WILL PAY SURVEY FEE OF $___.__

• Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions – Addendum A that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.

• Well Potability Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this Property. Buyer is purchasing the Property as-is, where-is.

Map

Greg Lutz
Greg Lutz
Managing Director
PHONE
Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.