Name | Earl McCormick Trust Farmland Auction |
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Auctioneer | Langham Auctioneers |
Type | Online-Only Auction |
Date(s) | 10/9/2020 - 11/11/2020 |
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 11, 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 | Montgomery County, Illinois Mt. Moriah Avenue & Ticky Point Trail Saturday, October 24, 2020 from 1-3 PM (CST) |
Checkout Date/Time | Thursday, November 12, 2020. The winning bidder is required to bring a deposit of $15,000.00 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). |
Location | Montgomery County, IL
Mt. Moriah Avenue
Ticky Point Trail Donnellson, IL 62019 |
Buyer Premium | 4% Buyers Premium |
Description |
Selling Regardless of Price!
Buyer will receive hunting rights to property at contract signing.
Buyer has 2021 Farming Rights. Due to wet conditions no wheat will be planted on the property.
STAGGERED/DYNAMIC CLOSING: The auction will begin closing at 6:00 PM (CST) on Wednesday, November 11, 2020 at 6 PM (CST)
The first lot will begin to close at 6:00 PM Central time and an item will close every 45 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.
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Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 100.00 USD |
Currency | USD |
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Buyer Premium | 4% Buyers Premium |
Payment Terms |
The winning bidder is required to bring a deposit of $15,000.00 for each Real Estate Lot Tract purchased to Certified Title Company 502 S. Third, Greenville, IL 62246 and execute a purchase agreement the next business day following the conclusion of the auction (Thursday, November 12, 2020), 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 5 weeks of auction (on or before December 18, 2020). Closing of the Real Estate Lot Tracts in Greenville, IL at the office of Certified Title Company 502 S. Third, Greenville, IL 62246
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