Farm Unit 223 Block 41
T19 R 20 Sec. 34
Directions- From Exit 179 (I-90 & Highway 17) Drive East on I-90 for 3.5 Miles to Exit 182 O Road. Cross North over Overpass and continue east on North Frontage Road East for 1.1 miles. Turn left (north) on Road P NE for .2 miles to auction property on the west side of the road.
Tillable Farm ground, Homestead & 2,400 sq. ft Metal Shop, Pasture, Outbuildings, Corrals
Ground is Rented until October 15th, 2019- Copy of Lease Furnished on request. Please email [email protected]
Auction to be held on location in shop.
1969 2,654 sq. ft. 2 Bedroom Home w/Basement
2000 2,484 sq. ft Metal Shop w/680sq ft Lean-to
1969 1,800 sq. ft. Quonset Animal Shelter
1969 512 sq. ft. Utility Loafing Shed
Approx. 80.90 Total acres
Approx. 68 acres rill irrigation, deep soil
Approx. 3 acres Pasture w/in ground sprinklers
Bureau Water for Farm & Pasture
Starting Bid is $725,000
Under Contract: Yes
Area: Block 41
Sub Area: Farm 233
City/County Code: Moses Lake, Grant County
Total Taxes: $4596.00
Lot Size: 80.9 acres
Total Square Feet: 2654 sq ft
Year Built: 1969
- Gas Logs
- Wood Burning
- Handicapped Equipped
- Basement Rec Room
- Handicap Accessible
- Washer/Dryer Connect
Real Estate Auction Terms & Conditions
PROCEDURE: The property will be offered in 1 tract totaling approximately 80.90 acres, Home, Farm Ground & Out Buildings
AUCTION CONDUCT: Conduct of the auction and increments of bidding are at the sole discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final.
BUYER’S PREMIUM: A Buyer’s Premium in the amount of 3% of the bid amount shall be charged to the Buyer. Broker Participation Encouraged.
EARNEST MONEY: Earnest Money is Non-Refundable. 10% of the accepted contract price is due as earnest money at the close of the auction. If the bidder pre-registers with
the Auction company on or before Tuesday, September 11th, 2018 then cash, personal or corporate check will be accepted for the down payment (contact Auction company for a pre-registration form or visit www.yarbro.com). If the bidder does not pre-register, a bank letter of credit or guarantee will be required with a personal check, OR bidder must present a $25,000 cashier’s check with a personal check for the balance of the down payment on auction day. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
ACCEPTANCE OF BID PRICES: The successful bidder(s) will sign a Purchase Agreement at the conclusion of the auction. Contact Auction company for details.
EVIDENCE OF TITLE: The Seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. Seller agrees to furnish at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. Tract is sold “AS IS”.
DEED: Warranty deed(s) will be delivered at closing.
CLOSING: Closing will take place on October 25th, 2018, or as soon thereafter as Seller’s closing documents are completed.
POSSESSION: Possession shall be at closing. Property is subject to Farm Lease to continues thru October 15th, 2019. Purchaser receives 2019 Crop Lease Proceeds.
REAL ESTATE TAXES: Real estate taxes will be prorated to the day of closing.
TRACT MAP ACRES: Tract maps, depicted boundaries, and stated acres are approximates based on county parcel data, current legal descriptions, and/or aerial mapping software and are not provided as survey products.
SURVEY: It is expected that the current legal descriptions will be sufficient to convey the property. Any need for a new survey will be determined by the Seller. If a new survey is required, the survey costs will be shared equally between the Buyer and Seller. The type of survey provided will be at the Seller’s option.
AGENCY: Chuck Yarbro Auctioneers and its agents and representatives are exclusively the agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. 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 the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company.
ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.