+/-716 Acres, +/-625 Tillable. More information coming for this Land Auction! Farm Ground under same family ownership since the early 1900s. If you and your family need to expand or you want to invest in beautiful North Central Idaho here is a Great Opportunity!
REGISTRATION: Registration to bid is required prior to bidding. Buyers are encouraged to pre-register no later than the day before auction closing and will need proof of the appropriate Deposit funds as stated below upon arrival at the auction site. Property preview November 1st at 343 Wensman Road, Cottonwood, ID 83522
FINAL CONTRACT PRICE: A 5% (five percent) Buyer’s Premium will be added to the high bid to establish the Final Contract Price. The bidder with the high bid will be required to sign and execute an Idaho Real Estate Sale Contract at the Final Contract Price. Online Bidders will need to confirm to their bids and wire Deposit funds by Nov. 22nd by 2:00pm (PST) as required by the Brokerage Company.
DEPOSIT: ($10,000) The deposit may be in the form of Cashier’s check, or verified Bank funds. Balance of the Final Contract Price due within 30 days from the date of the Acceptance of the offer. Deposit funds are non-refundable, upon seller’s acceptance. Deposit funds will need to be increased to a Minimum of 5% of the Purchase price upon successful bid.
Property is being sold with "No reserve" Selling to the highest registered bidder; regardless of price! We should have verification and Seller signatures by end of day Thursday Nov. 21st 2019.
Property is being sold "As-Is" with No Contingencies; your bidding is not contingent upon financing or any further inspections.
Farm Lease is in force through the harvest of 2020
TRACT MAPS: Tract Maps, depicted boundaries, and stated acres are approximates based on the 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.
CLOSING/POSSESSION: Closing shall occur on or before Dec.27th 2019 with possession at 6pm day of closing.
TITLE: Normal Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such property to be statute warranty deed, subject to no encumbrances except for current taxes and assessments, easements, right of ways, reservations, covenant, conditions, and restrictions of record. A copy of the preliminary title report will be provided prior to close of escrow. This transaction shall close in an escrow office, escrow fee to be split 50/50. Taxes will be pro-rated as the date of closing.
EASEMENTS: Sale of property is subject to any and all easements, restrictions, roadways, and rights-of-way of record.
DISCLOSURE: Stuart Realty Group, Inc. represents the Seller’s exclusively. The property is being sold on an 'AS IS, WHERE IS' basis, with no warranty or representation, expressed, written or implied. Broker reserves the right to delete any property from the auction. Each potential bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it.
Neither Seller, Auctioneers, nor their respective agents, representatives, employees, officers, directors, or shareholders shall be liable for any inaccuracies, errors or omissions in this brochure or in any related document submitted or delivered in connection herewith. All acreage, dimensions, square footage, and taxes in the brochure are from Public record and are deemed reliable but are not guaranteed.
MULTI-PARCEL AUCTION: The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers. This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.
SELLER RESERVES THE RIGHT TO SELL THE PROPERTY PRIOR TO THE AUCTION
Auctioneer reserves the right to change any terms of Sale