Name Barry & Shirley Essenpreis Farmland Auction
Auctioneer Langham Auctioneers
Type Online-Only Auction
Date(s) 11/6/2019 - 11/30/2019
Internet only: Bid now through Saturday, November 30, 2019 at 6:00 PM (CST)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 Ty at 618-267-8400 to make arrangements.
Preview Date/Time Property Tours: Sunday, November 17, 2019 from 2-4 PM (CST) Thursday, November 21, 2019 from 2-4 PM (CST) or by Appointment. Call Ty Langham (618) 267-8400
Checkout Date/Time Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay 10% nonrefundable of the bid price including a buyer premium of 4%. The balance will be due at the time of closing on or before Monday, December 30, 2019 at Community Title and Escrow in Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. A 4% buyer premium will be added to the final bid price. Bidding is not contingent upon financing.
Location All Bidding Activity is Online Only Langham Auctioneers
Greenville, IL 62246
Buyer Premium 4% Buyers Premium
Description
Online Only Farmland Auction 120.82 +/- Acres in Bond County, Illinois To Be Sold as One Tract. Located in Northwest Quarter of Section 14 and the Southwest Quarter of Section 11 in T6N R4W Shoal Creek Township in Bond County, Illinois. Property is located on the West Side of Reno, Illinois. Road Frontage along: Sorento Avenue, 16th Avenue and Ripson Bridge Avenues. Property Tours: Sunday, November 17, 2019 from 2-4 PM (CST) Thursday, November 21, 2019 from 2-4 PM (CST) or by Appointment. Call Ty Langham (618) 267-8400 Buyer assumes all terms and conditions of the CRP contract ending 9-30-2024. Bond County Farm Service Agency reports that there are 10.1 Acres of CRP. The Farm Sells free and clear of any tenant's rights. Owner has the right to accept or reject any or all bids. Bond County Property ID Numbers: 09-05-11-306-001 and 09-05-14-101-001 Owner: Shirley Essenpreis Trust; Deborah Kesner, Trustee.
Auction Terms & Conditions Bidder registration required. Complete settlement date of auction. Everything sold AS-IS, Where-Is, with no warranty or guarantee expressed or implied. The information is believed to be accurate. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. BUYER'S PREMIUM: A 4% buyer's premium will be added to each purchase. Example: If you bid $100.00, you will be charged $104.00 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: Owner has the right to accept or reject any or all bids. 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 6:00 PM (CST) on Saturday, November 30, 2019. Bidding is "Ebay style" where you can keep bidding until the auction closes on November 30th at 6pm Central Time. This is a soft close auction with a (2) minute extension on bids that are made just before the closing time. 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: Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay 10% nonrefundable of the bid price including a buyer premium of 4%. The balance will be due at the time of closing on or before Monday, December 30, 2019 at Community Title and Escrow in Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. A 4% buyer premium will be added to the final bid price. Bidding is not contingent upon financing. Buyer assumes all terms and conditions of the CRP contract. REAL ESTATE POSSESSION & CLOSING: The closing will occur within 30 days of auction closing; on or around Monday, December 30, 2019 at the office of Community Title and Escrow in Highland, Illinois. 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: The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). 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 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 4% Buyers Premium
Payment Terms
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay 10% nonrefundable of the bid price including a buyer premium of 4%. The balance will be due at the time of closing on or before Monday, December 30, 2019 at Community Title and Escrow in Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. A 4% buyer premium will be added to the final bid price. Bidding is not contingent upon financing. Buyer assumes all terms and conditions of the CRP contract.
Owner has the right to accept or reject any or all bids. Closing on or before Monday, December 30, 2019 at Community Title and Escrow in. Highland, Illinois. Title insurance in the full amount of the purchase price will be provided by the seller. The 2019 real estate taxes, due and payable in 2020, will be paid by the seller. The 2020 and all subsequent real estate taxes will be paid by the buyer(s). Possession will be given at the time of closing. The farm sells free and clear of any tenant 's rights. Buyer assumes all terms and conditions of the CRP contract.