Name Unimproved Bond County Illinois Farmland Auction
Auctioneer Langham Auctioneers
Type Online-Only Auction
Date(s) 9/17/2018 - 10/4/2018
Internet only: Bid now through Thursday, October 4, 2018 at 7:00 PM (CST)
Preview Date/Time No scheduled preview. Unimproved Farmland located at intersection of Old Panama and Panama Avenues, Sorento, Illinois 62086 in Bond County, Illinois.
Checkout Date/Time The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium.
Location Internet Auction Only. Property location is at Intersection of Old Panama Avenue and Panama Avenue
Sorento, IL 62086
Buyer Premium 5% Buyers Premium
Description
Unimproved 19.6 +/- Acres Farmland in Bond County, IL.
Auction Terms & Conditions THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. If you prefer to turn in an absentee bid in person, please call 618-664-9271 or 618-410-6286 to make arrangements. BUYER'S PREMIUM: A 5% buyer's premium will be added to each purchase. Example: If you bid $100.00, you will be charged $105.00 at check out. AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. **All items sell as is, where is with any and all faults or flaws. Items sell with no warranty stated or implied. This property is selling without reserve to the highest bidder regardless of price. Each potential bidder is responsible for conducting his or her own independent inspections, inquiries, and due diligence concerning the property. This property sells without contingencies. This sale is not contingent on the buyer's ability to obtain financing. Any inspections needed by the buyer must be made before the auction at the buyer's expense. Sale of the property is subject to any and all easements of record. WARRANTY & CONDITION OF ITEMS SOLD: The auctioneer reserves the right to add or remove items from the auction. The auctioneer reserves the right to cancel, suspend, extend or reschedule an individual item and or auction event or make changes to the auction closing times or inspection or removal times. STAGGERED/DYNAMIC CLOSING: The auction will begin closing at 7:00 PM (CST) on Thursday, October 4, 2018. The closing time of the lot will be automatically extended an additional 2 minutes whenever a bid is placed within the last 2 minutes of the lot closing. DEPOSIT & PURCHASE AGREEMENT: The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium. REAL ESTATE POSSESSION & CLOSING: The closing will occur within 30 days of auction closing; on or around Monday, November 5, 2018 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246. The Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the title company. REAL ESTATE TAXES: 2018 Real Estate taxes shall be prorated to the date of possession. CATALOG DISPREPANCIES: You are bidding on the described item not the photograph, occasionally the wrong photo may be displayed, always read the item description. The auctioneer reserves the right to add or remove items from the auction. The auctioneer reserves the right to cancel, suspend, extend or reschedule an individual item and or auction event or make changes to the auction closing times or inspection or removal times. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Langham Auctioneers, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Langham Auctioneers, LLC shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications will be sent to registered bidders with updated information as deemed necessary by Langham Auctioneers, LLC. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99.99 1.00 USD
100.00 - 249.99 2.00 USD
250.00 - 499.99 5.00 USD
500.00 - 999.99 10.00 USD
1,000.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
PAYMENT: The winning bidder is required to bring a deposit of $5,000 for Real Estate purchased to the closing agent location:Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction; (Friday, October 5, 2018). Deposit must be in the form of personal or business check. In addition, the successful bidder must remit a check to auction company: Langham Auctioneers for the full amount of the 5% buyer premium.
REAL ESTATE POSSESSION & CLOSING: The closing will occur within 30 days of auction closing; on or around Monday, November 5, 2018 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246. The Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the title company.