| Name | Earl McCormick Trust Farmland Auction |
|---|---|
| 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 with a growing wheat crop
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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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. Announcements made date of auction take precedence over all previous advertisements.
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.
This property is selling without reserve to the highest bidder.
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.
REAL ESTATE TAXES: 2020 Real Estate taxes shall be paid for by the Seller. 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.
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Terms Of Use
Seller User Terms
Bidder User Terms
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 |
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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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 at the office of Certified Title Company 502 S. Third, Greenville, IL 62246