iAuction Terms & Conditions

1. Procedure: Bidding ends Wednesday, June 22, 2022 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All bids placed are by the Acre.  

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price. 

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, June 23, 2022 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. BIDDING: Once submitted, a bid cannot be retracted.  

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, July 28, 2022. 

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.  

10. REAL ESTATE TAXES: The 2022 Real Estate taxes to be paid by the Buyer(s).  

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are 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. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. This property is subject to prior sale. 

Adair Co., MO Land iAuction – Holland Farm

Bidding ends Wednesday, June 22^nd at 10:00 AM.  

97± acres just east of Novinger and west of Kirksville off of highway 6.  This property has it all.  There are 32± acres of highly productive cropland bordering the Chariton River. These soils consist of Dockery and Tice silt loams and Zook silty clay.  The balance of the land consists of mature woods and pasture. There are two ponds on the property as well as an all-weather creek on the northeastern portion.  These gently rolling hills and pasture are surrounded by timber that provides great stand and blind placements for deer hunting and turkey hunting.   

The town of Novinger is close, and the area offers quick access to the Thousand Hills State Park which covers 3,000 acres.  The park features the 703-acre Forrest Lake and Native American Petroglyphs that were created 1500 years ago.  The park also offers fishing, swimming, boating, hiking, mountain biking, camping and cabin rentals. 

Come and park your camper, build a shouse, hunt, fish in the Chariton and take advantage of Thousand Hills State Park. Own an income producing recreational property in Adair County.   

The property has electricity and rural water.  The tenant farmer contract expires at the end of 2022 season. 

For more information call or text Dean Cochran 314-852-3621.