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Brown County Crop & Hunting Land
Previous Page Listing ID#: 253325
Property Location |
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39288 112th St SD Frederick, SD 57441 |
Auction Location |
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Aberdeen, SD 57401 |
Auction Dates and Times |
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Bidding Starts: Monday Jan 11, 10:00 AM Bidding Ends: Tuesday Jan 12, 2:00 PM |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Thorpe Realty & Auction Inc. Website: ThorpeRealtyAuction.com GoToAuction.com ID#: 2271 View company information and listings |
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Listing Terms and Conditions |
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On the following terms: This is a cash sale, which means potential purchasers must have their financial arrangements secured prior to bidding. The sale of these properties is not contingent upon Buyer (s) obtaining financing. All financial arrangements are to have been made prior to bidding at the auction. By bidding, the bidder makes representation that the bidder has the present ability to pay the bid price and fulfill the Real Estate Contract. Immediately upon the conclusion of the auction, the successful bidder(s) will be required to sign a real estate purchase contract and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of ten (10) percent of the total purchase price. The earnest money payment will be made payable to Thorpe Realty & Auction Trust Account. Balance of the purchase price is due in certified funds upon closing, on or before February 15, 2021. Property is selling in "as is" condition. The Sellers do not guarantee that existing fences lie on the true and correct boundary. Conveyance of marketable title will be transferred by Warranty Deed, free and clear of liens but subject to easements, reservations, and exceptions of record as well as statutory rights of way and other recorded easements at the time of sale. Owner’s title insurance will be provided with the cost of the owner’s policy shared equally between the Purchaser & Seller. Titles of Dakota will be the closing agent and their closing service fee will be split equally between Purchaser and Seller. Seller is responsible for the 2020 real estate taxes payable in 2021. Purchaser is responsible for 2021 real estate taxes payable in 2022. Seller will convey to the Purchaser all oil, gas and mineral rights related to the Property. Seller makes no representation, and does not warrant the nature and extent of such interests. Thorpe Realty & Auction is representing the Seller exclusively.
FSA Disclosure on CRP contract:
Property has been in CRP previously. Terms to re-enroll require land owner to spray then reseed the grass. FSA will provide $13,584.00 in cost share to complete the process (See CRP contract in Auction Information Packet) and Seller will provide Purchaser $10,000 allowance at closing. Buyer will assume the responsibilities of contract terms and receive the full payment due 10/1/2020. Since the contract was just enrolled in October 2020 and no payments have been paid the contract could be terminated with only minimal liquidation expenses. Seller will be responsible for any liquidation expenses if Purchaser desires the CRP contract to be terminated prior to closing.
Disclaimer: Property information provided was obtained from sources deemed reliable, however, the Seller(s) and Broker/Auctioneer are not making any guarantees to its accuracy. Potential buyers are encouraged to conduct both on-site and off-site inspections of the property to the extent deemed necessary and rely upon their own pre-auction inspection when bidding. FSA yields, bases, payments, or other info. is estimated and subject to County Committee approval. Information contained herein is deemed to be correct but not guaranteed. This property is sold subject to existing easements, restrictions, reservations, or highway of record, if any which do not interfere or restrict the existing use of property.
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File Attachments |
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Auction Info Packet Title Insurance Commitment |
Listing Information |
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LAND AUCTION
Online Auction Only CROP - HUNTING - INVESTMENT Bidding Opens: Monday, January 11, 2021 – 10:00 a.m. Bidding Begins to Close: Tuesday, January 12, 2021 – 2:00 p.m. Click here to register and bid online!
FSA Disclosure on CRP contract:
Legal Description: SE1/4 of Section 35-T127N-R63W of the 5th P.M., Except Lot H-1 thereof,
For more info call (605) 216-7776 Owner: Brad Engelhart On the following terms: This is a cash sale, which means potential purchasers must have their financial arrangements secured prior to bidding. The sale of these properties is not contingent upon Buyer (s) obtaining financing. All financial arrangements are to have been made prior to bidding at the auction. By bidding, the bidder makes representation that the bidder has the present ability to pay the bid price and fulfill the Real Estate Contract. Immediately upon the conclusion of the auction, the successful bidder(s) will be required to sign a real estate purchase contract and to deposit with RE Broker/Auctioneer, a nonrefundable earnest money payment of ten (10) percent of the total purchase price. The earnest money payment will be made payable to Thorpe Realty & Auction Trust Account. Balance of the purchase price is due in certified funds upon closing, on or before February 15, 2021. Property is selling in "as is" condition. The Sellers do not guarantee that existing fences lie on the true and correct boundary. Conveyance of marketable title will be transferred by Warranty Deed, free and clear of liens but subject to easements, reservations, and exceptions of record as well as statutory rights of way and other recorded easements at the time of sale. Owner’s title insurance will be provided with the cost of the owner’s policy shared equally between the Purchaser & Seller. Titles of Dakota will be the closing agent and their closing service fee will be split equally between Purchaser and Seller. Seller is responsible for the 2020 real estate taxes payable in 2021. Purchaser is responsible for 2021 real estate taxes payable in 2022. Seller will convey to the Purchaser all oil, gas and mineral rights related to the Property. Seller makes no representation, and does not warrant the nature and extent of such interests. Thorpe Realty & Auction is representing the Seller exclusively.
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Auction License: SD Real Estate Broker #9907 & ND Auctioneer #525 |
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