ONLINE AUCTION: Jackson County IL 65+- Acres / Tillable Wooded Recreation Hunting / 2868A

ONLINE AUCTION: Jackson County IL 65+- Acres

Bidding Opens Tuesday, February 21, 2023

Bidding Closes Tuesday, March 7, 2023 at 8:00 p.m. CST

Property Inspection: By Appointment Only - Contact Auctioneer Don Bailey at 618-919-1031 for more information or an appointment.

Property Address: Pump House Road, Murphysboro IL 62966

65 acres will be offered in 1 tract. Bidding will be per acre x acres. $10 bid increments.

All potential bidders must register before auction, preferably two weeks ahead of March 7, 2023. All potential bidders must personally call Auctioneer Donald Bailey at 618-919-1031. In the past bidders that wait the last minute to register, may stand a chance not being able to bid.

PLEASE NOTE: In the Useful Documents section below is an auction sales contract that you will be required to sign. Please review it prior to bidding.

DESCRIPTION

Income producing property with 34.08+- tillable acres! Timberland. Nice lake. Soil maps suggest the tillable portion occasionally floods. Tract offers great whitetail and turkey hunting.

TERMS

NO BUYER'S PREMIUM.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS.

BIDDING PER ACRE X AMOUNT OF ACRES. OFFERED IN 1 TRACT. $10 BID INCREMENTS.

PROCEDURE: Property offered in 1 tract.

SURVEY: None provided.

MINERAL: Seller to convey all; present ownership unknown.

CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing.

TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps.  Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller.

CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing.

POSSESSION: At closing subject to 2023 farm tenant rights.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is".

Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids.

AUCTIONEER: Donald Bailey, IL Lic #441.002325