ONLINE AUCTION: Union County IL 56+- Acres / Wooded Timber Shawnee National Forest Hunting Deer Turkey / 2896A
Union County| CLOSES Thur, July 13 | 56 Acres| Jonesboro IL
ONLINE AUCTION: Union County IL 56+- Acres / Wooded Hunt Property
Bidding Closes Thursday, July 13, 2023 at 8PM CST
Property Inspection: Saturday, June 24, 10AM to 2PM OR By Appointment
Property Address: Burchyett Lane, Jonesboro IL
Located few miles South of Jonesboro IL in Union County, off Old Cape Road, is 56+- acres of prime deer and turkey hunting. The Shawnee National Forest borders 2 sides of the property. There are 2 CRP programs with annual payments of approximately $1,350. The programs run till 2027. The Shawnee National Forest that borders this land has over 10,000 acres. The property has primarily hardwood timber, rolling hills and a creek that runs through it. An access easement is currently being surveyed for the property.
- Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion.
- Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements by July 12.
- Bidding will be per tract – eBay-style bidding.
- Bidding is now open and will be available until 8:00 PM CST Thursday, July 13, 2023, subject to bid extensions (Soft Close).
- Bidding will be on a per tract basis with a minimum opening bid of $80,000. Minimum bid increments of $1000 per bid.
TERMS AND CONDITIONS
NO BUYER'S PREMIUM.
SALE SUBJECT TO CONFORMATION OF SELLER(S).
NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.
ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.
REAL ESTATE TAXES: Pro-rated to day of closing.
SURVEY: No survey provided. Acres based on tax bill.
MINERAL: Any mineral owned will transfer, if any.
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. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud.
TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, 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 and Seller.
CLOSING: Closing shall occur within 30 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: Possession will be given at closing subject to Government CRP Program (CRP Program will be pro-rated).
AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller.
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 made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is".
AUCTIONEER: Mark Kennedy, IL Lic #440.00022.
Burchyett Lane, Jonesboro, IL