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Lafayette County Land Auction-McMullin Farm
Previous Page Listing ID#: 1679610
Auction Location |
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Concordia, MO 64020 |
Auction Dates and Times |
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Monday Nov 18, 2024 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Wheeler Auctions & Real Estate Website: https://bid.wheelerauctions.com/auctions GoToAuction.com ID#: 11099 View company information and listings |
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Listing Terms and Conditions |
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Sale Terms & Conditions
Internet Premium: $500/tract online buyer’s premium
Participation Requirements: Valid Credit Card is required for bidding approval
Payment Options: Visa, MasterCard, Discover, American Express, Check, Wire Transfer, and Cash
Visa MasterCard Discover American Express
Payment Instructions: Payment: Ten percent (10%) nonrefundable down payment the day of auction, upon signing a purchase agreement immediately following the close of bidding. A $500/tract fee will be added to the final bid of the online purchaser. The down payment may be paid in the form of personal check, business check, or cashiers check and payable to Truman Tile Co, LLC. The remainder of the purchase price is payable at closing. Closing on or before Friday, December 20, 2024 at the office of Truman Title Company LLC, 1908 N. Main St., Higginsville, MO 64037 Closer or questions to: Tammy Wegener, 660-358-8044, twegener@trumantitle.com. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying the balance at closing. Buyer agrees to pay in full within the time announced or as posted. If not specifically posted, payment must be made within three (3) days of the auction. If Buyer fails to pay in full when due, Buyer shall further be liable to the Auctioneer for interest at a rate of 18% on all sums unpaid as well as all Auctioneer’s collection costs, including but not limited to, attorneys fees and court costs, incurred in connection with Buyer’s breach or nonpayment. If Buyer pays by wire transfer, an additional $25.00 fee will be assessed. Please contact the auction company for wire transfer instructions. If Buyer pays by credit card an additional 3.8% will be assessed. Any check returned for insufficient funds shall incur a service fee of $50.00, as well as result in the breach of these terms
Currency Type: USD
Preview Date & Times: View this farm at your leisure when the ground is dry or frozen.
Checkout Date & Times: Immediately following the conclusion of the land sale, we will write the sale contracts and receive the escrow/earnest money of 10% down payment. Payment check is non-refundable and payable to Truman Title Co, LLC. Closing on or before Friday, December 20, 2024 at the office of Truman Title Company LLC, 1908 N. Main St., Higginsville, MO 64037 Closer or questions to: Tammy Wegener, 660-358-8044, twegener@trumantitle.com
Special Terms
By registering or submitting a bid with Wheeler Auctions & Real Estate (“Auctioneer”) through this website, you agree that the below terms and conditions govern the auction, and the online bidding process for same. Herein you are referred to as the “Bidder” or “Buyer”.
1. “As Is” Sale. ALL SALES ARE FINAL. ALL ITEMS ARE SOLD “AS IS-WHERE IS”, WITH ALL FAULTS AND WITH NO GUARANTEES OR WARRANTIES OF ANY TYPE, EXPRESS OR IMPLIED, INCLUDING WARRANTIES AS TO THE MERCHANTABILITY OR FITNESS FOR A PARTICULAR USE OR PURPOSE. FURTHER, UNLESS AUCTIONEER IS ALSO SELLER OF THE LOT/GOODS, AUCTIONEER FURTHER DISCLAIMS ANY WARRANTY OF TITLE. Any oral representation made by the Auctioneer shall not modify these “AS IS-WHERE IS” terms. Any description or information given in a catalog or written on the lot is not guaranteed, warranted, or assumed by Auctioneer, and Buyer must rely solely on his/her own inspection. Property is open to thorough public inspection and bidders from off-site understand and acknowledge that he/she may not be able to inspect as well as if present, in person. It is the bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Auctioneer reserves the right to withdraw or re-catalog items in any auction.
2. Bidding Rules. Once the Auctioneer declares the item “SOLD”, Bidder cannot revoke, retract, or assign the bid and/or purchase. Any bid or bids that, in the opinion of the Auctioneer, is/are not commensurate with the value of the article offered, may be rejected and the article withdrawn from the sale. Where there is a reserve on an item or items, the Auctioneer shall have the right to bid on same or on behalf of the Seller or any lienholder. The record kept by the clerk of the sale, together with the marked catalog of the Auctioneer, shall in all cases be accepted by the Bidder as final if any question arises as to the price. If for any reason Auctioneer is unable to deliver the purchase, or deliver such purchase free and clear of liens, Auctioneer may terminate the purchase, in which case Bidder’s only recourse shall be the return of any monies actually paid. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.
3. Registration. All registration information the Bidder provides to Auctioneer shall be current, complete, and accurate. Bidders must be 18 years of age or older. As a Bidder you are responsible for any bids placed under your bidding number and password. The security of your Bidder information is your sole responsibility as you, the Bidder, will be responsible for any and all bids placed under your number. If at any time you feel that your Bidder number and password have been compromised due to lack of security on your part you must notify Auctioneer immediately.
4. Website; Online Bidding. Auctioneer provides Internet pre-auction and live bidding as a service to the bidders. Bidders acknowledge and understand that this service may or may not function correctly the day of the auction. Auctioneer cannot and shall not be held responsible for any interruption of service, errors, and/or omissions caused by any means and does not guarantee continual, uninterrupted or error free service or use of this Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in its sole discretion, may void any sale, temporarily suspend bidding and re-sell any item/lots that were affected by any malfunction. The decision of the Auctioneer is final. In addition, Bidder agrees to not use any device, software or routine to interfere or attempt to interfere with the proper working of or any transaction being conducted on and during the auction. IN THE EVENT OF A TIE BID, THE BID OF ANY FLOOR BIDDER PRESENT AT THE AUCTION SHALL BE DEEMED TO BE THE SUCCESSFUL BID. You further agree that you will not copy, reproduce, alter, modify, create derivative works, or publicly display any content from the Site without prior, express written permission of Auctioneer.
5. Online Auction Fee. A $500/tract fee will be added to the final selling price for all online bidders. Invoices will be emailed out to all winning online bidders within 48 hours of completion of the auction. Consignors choosing to bid back their consignments online will be responsible for paying the online buyer's premium of $500/tract and charged full commission rate.
6. TO BE APPROVED TO BID ONLINE, PLEASE CALL Mike Williams 816-797-5450, AT LEAST 24 HOURS PRIOR TO THE AUCTION
Wheeler Live Tech Support Phone: 660-329-9672
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Listing Information |
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BUYER PREMIUM $500/tract online buyer premium LOCATION Meinershagen Rd., Concordia, MO SUMMARY Selling one Tract of 159.37 Taxable Acres M/L VIEWING View this farm at your leisure when the ground is dry or frozen. DESCRIPTION AUCTION TERMS AND CONDITIONS
Sale Date: 10 A.M., Monday, November 18, 2024
Offering: Selling one Tract of 159.37 Taxable Acres M/L
Sale and Farm Location: 2 Miles South of the Higginsville I-70 Junction, then 1.5 Miles East on Borland Rd., Go North on Blackjack Rd. 1 ½ Mile, Turn East on Meinershagen Rd ¾ of a mile to the property.
Method of Auction: The farms sells by the acre with 159.37 taxable acres as the multiplier to establish the final selling price. Property sells with the confirmation of the bid price by the seller. This will be a live onsite auction with internet bidding available through WheelerLive. Internet bidders must be preapproved 24 hours prior to the sale.
Tenant/Possession: Possession will be granted when all 2024 crops are harvested. There is no tenant agreement on the farmland for 2025. The current tenant, Brian Hemme, would like to submit a proposal to continue farming the land in the event that a non-farmer or investor purchases the land.
Hunting Rights: A 2024 hunting lease is in effect thru December 2024. There is no hunting lease in place for 2025, however the hunter is interested in leasing from a new owner if that possibility exists.
Contract: Immediately following the conclusion of the land sale, we will write the sale contracts and receive the escrow/earnest money of 10% down payment. Payment check is non-refundable and payable to Truman Title Co, LLC
Closing: Closing on or before Friday, December 20, 2024 at the office of Truman Title Company LLC, 1908 N. Main St., Higginsville, MO 64037 Closer or questions to: Tammy Wegener, 660-358-8044, twegener@trumantitle.com
Taxes: The 2023 taxes were in the amount of $482.02. The 2024 taxes will be paid by the seller and the new buyer will be responsible for the 2025 taxes and beyond.
Utilities: West Central Electric Has a meter on the property at the machine shed.
Water: Rural Water District #2 with a meter on the property at Meinershagen Rd and the driveway.
Schools: The property is in the Concordia R2 School District
Down Payment: Ten percent (10%) nonrefundable down payment the day of auction, upon signing a purchase agreement immediately following the close of bidding. The down payment may be paid in the form of personal check, business check, or cashiers check. The remainder of the purchase price is payable at closing. YOURBIDDING IS NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying the balance at closing.
Title: Sellers shall provide and execute a proper deed conveying the real estate to the buyer(s). Seller to pay for title insurance premium including title search and examination fees. Buyer to pay any lender fees, search premiums, or appraisals necessary to secure buyers funds for closing. Buyer and seller will split the closing costs.
Mineral Rights: The sale shall include 100% of the mineral rights owned by the sellers.
Easements: Utility and water easements as well as Kansas City Southern Railroad easements are in place on the farm.
Acreage/Survey: All acreages are approximate and accurate to the best of our ability using assessors maps, measurements, and legal descriptions. The selling price based on the acreage multipliers is final and no future adjustments in sale price will be granted to either the buyer or seller of said acreage or Tracts. Any need for a survey to close this agreement is at the sole discretion of the Seller. Any need for a survey by the Purchaser, to acquire funding or close this agreement will be paid for by the Purchaser.
Agency: Wheeler Auctions & Real Estate and its representatives are Exclusive Agents for the sellers.
Disclaimer: The property is being sold on an “as is, where is” basis, and no warranty or representation, either express or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting its own independent inspections, investigations, and all due diligence concerning the property and the auction. Information contained in this brochure is subject to verification by all parties relying on it. Diagrams/dimensions in this brochure are approximate. Acreage is estimated. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auctioneer. All decisions of the auctioneer are final. The sellers and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.
New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.
PLEASE CALL Mike Williams 816-797-5450 AT LEAST 24 HOURS PRIOR TO SALE TO BE APPROVED TO BID ONLINE.
Wheeler Live Tech Support line: 660-329-9672 |
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