THIS IS A COMPLETED SALE
View current listings by this company

160 +/- Acres, Martin County, Minnesota
Previous Page Listing ID#: 1330986

Auction Location
Martin County, Minnesota

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Monday Oct 18, 08:00 AM Bidding Ends: Wednesday Oct 20, 12:00 PM

Auction Type
Online Auction VIEW ONLINE CATALOG

Company Information
Farmers National Phone: 800-346-2650 Email: Info@FarmersNational.com Website: www.farmersnational.com GoToAuction.com ID#: 7942 View company information and listings

Free Email Notifications

Sign up for the GoToAuction.com email notifications and we will let you know about sales in your area! You may set up alerts by area (zip and radius), keywords, and by company. It is FREE and only takes a few seconds to sign up.

Listing Terms and Conditions
Taxes: Real estate taxes for 2021 payable in 2021 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s). Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company. Possession: Possession will be granted at closing on December 8, 2021 or such other date agreed to by the parties. Subject to tenants right to harvest 2021 crop production and plow back acres according to the terminated lease. Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by St. Andrews Title & Exchange, the closing agent. Contract and Title: Upon ending of auction, the high bidder(s) will enter into a real estate contract and deposit with St. Andrews Title & Exchange, the closing agent, the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be equally paid by both parties. Sale is not contingent upon Buyer(s) financing. Closing: The sale closing is on December 8, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of St. Andrews Title & Exchange, the closing agent. Sale Method: Offered in one individual tract. All bids are open for advancement starting Monday, October 18, 2021, at 8:00 AM until Wedneday, October 20, 2021, at 12:00 PM Noon, subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extended bidding due to bidding activity. Any bid placed within five minutes of the auction ending will automatically extend the auction for five minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the five minute time frame. All decisions of Farmers National Company are final. Approval of Bids: Final sale is subject to the Seller’s approval or rejection. Agency: Farmers National Company and its representatives are acting as Agents of the Seller. Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Farmers National Company and the Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid. Seller(s): OMG Midwest, Inc. d/b/a Minnesota Paving & Materials Auctioneer: Marshall Hansen, License Number 67-99 Note: Parcel being sold with deed restrictive covenants. Contact Agent for additional information.

Listing Terms and Conditions

Taxes: Real estate taxes for 2021 payable in 2021 will be paid by the Seller. All future taxes will be the responsibility of the Buyer(s).

Conditions: This sale is subject to all easements, covenants, and restrictions of record. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Farmers National Company.

Possession: Possession will be granted at closing on December 8, 2021 or such other date agreed to by the parties. Subject to tenants right to harvest 2021 crop production and plow back acres according to the terminated lease.

Earnest Payment: A 10% earnest money payment is required on the day of the bidding. The payment may be in the form of cashier’s check, personal check, company check, or wired funds. All funds will be deposited and held by St. Andrews Title & Exchange, the closing agent.

Contract and Title: Upon ending of auction, the high bidder(s) will enter into a real estate contract and deposit with St. Andrews Title & Exchange, the closing agent, the required earnest payment. The Seller will provide a current abstract of title at their expense. The cost of any escrow closing services will be equally paid by both parties. Sale is not contingent upon Buyer(s) financing.

Closing: The sale closing is on December 8, 2021, or such other date agreed to by the parties. The balance of the purchase price will be payable at closing in guaranteed funds or by wire transfer at the discretion of St. Andrews Title & Exchange, the closing agent.

Sale Method: Offered in one individual tract. All bids are open for advancement starting Monday, October 18, 2021, at 8:00 AM until Wedneday, October 20, 2021, at 12:00 PM Noon, subject to the automatic bid extend feature outlined in these terms and conditions. Auctions are timed events and subject to extended bidding due to bidding activity. Any bid placed within five minutes of the auction ending will automatically extend the auction for five minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are placed within the five minute time frame. All decisions of Farmers National Company are final.

Approval of Bids: Final sale is subject to the Seller’s approval or rejection.

Agency: Farmers National Company and its representatives are acting as Agents of the Seller.

Announcements: Information provided herein was obtained from sources deemed reliable, but neither Farmers National Company nor the Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or “more or less”. Farmers National Company and the Seller reserve the right to preclude any person from bidding if there is any question as to the person’s credentials or fitness to bid.

Seller(s): OMG Midwest, Inc. d/b/a Minnesota Paving & Materials

Auctioneer: Marshall Hansen, License Number 67-99

Note: Parcel being sold with deed restrictive covenants. Contact Agent for additional information.