Name Don Marcoot Estate-Real Estate Auction
Auctioneer Langham Auctioneers
Type Online-Only Auction
Date(s) 10/3/2020 - 11/18/2020
THIS IS AN INTERNET ONLY AUCTION, there will be no live/in-person bidding. There is a 4% buyers premium. BIDDING BEGINS CLOSING on Wednesday, November 18, 2020 AT 6 PM (CST). If you prefer to turn in an absentee bid in person, please call 618-664-9271 or (HAL) 618-410-6286 to make arrangements.
Preview Date/Time Location: 819 Eighteenth Road, Smithboro, IL 62284 Sunday, November 1st from 1-4 PM (CST) Saturday, November 14th from 10 AM-Noon (CST) Sunday, November 15th from 1-4 PM (CST)
Checkout Date/Time Thursday, November 19, 2020. DEPOSIT & PURCHASE AGREEMENT: The winning bidder or bidders are required to bring a deposit of $20,000 per Lot Tract of Real Estate purchased to Certified Title Company, 502 S. Third Street, Greenville, IL 62246 and execute a purchase agreemen. Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers).
Location 819 Eighteenth Road
Smithboro, IL 62284
Buyer Premium 4% Buyers Premium
Description
Selling Regardless of Price! Perfect Setting to Raise a Family. Buyer has 2021 Farming Rights Personal Property Sells on Thursday, November 19, 2020 at 6 PM (CST) STAGGERED/DYNAMIC CLOSING: The auction will begin closing at 6:00 PM (CST) on Wednesday, November 18, 2020 at 6 PM (CST) The first lot will begin to close at 6:00 PM Central time and an item will close every 30 seconds after. The closing time of each lot will be automatically extended an additional 1 minute whenever a bid is placed within the last minute of the lot closing.
Auction Terms & Conditions Bidder registration required. This property is selling without reserve to the highest bidder. 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. 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. **Some items may be part of a Closing Group. If any lot in this group has its bidding extended at the end of the auction, all of the other lots in this group will have their bidding extended allowing bidders to jump back and forth. REAL ESTATE TAXES: 2020 Real Estate taxes shall be prorated to the date of possession. Seller at closing will convey good and marketable title. Buyer and Seller will be responsible for customary closing costs issued by the title company. 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. 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. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 4% Buyers Premium
Payment Terms
Thursday, November 19, 2020. The winning bidder is required to bring a deposit of $20,000 for each Real Estate Lot Tract purchased to Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement. Deposit must be in the form of personal or business check. Buyer must also bring a check for the 4% Buyers Premium made out to the Auction Company (Langham Auctioneers). REAL ESTATE POSSESSION & CLOSING: The closing will occur within 6 weeks of auction (on or before Wednesday, December 30, 2020). Closing for both of the Real Estate Lot Tracts are at the office of Certified Title Company 502 S. Third, Greenville, IL 62246
REAL ESTATE POSSESSION & CLOSING: The closing will occur within 6 weeks of auction (on or before December 30, 2020). Closing for both of the Real Estate Lot Tracts at the office of Certified Title Company 502 S. Third, Greenville, IL 62246