Real Estate Terms & Conditions
Deposit of $50,000 (non-refundable), per tract, due on day of auction when successful bidder will execute a standard real estate contract. Buyers shall provide bank letter of credit in the amount of deposits or through prior arrangements suitable to seller's and auctioneer. Remainder of purchase price due at closing on or about May 1st. Current lease has been terminated for 2019 and sellers will entertain early occupancy for tillage. Sellers will pay transfer tax and provide clear marketable title at closing. Real Estate taxes will be prorated to date of closing. The property is being sold “As is where is”. Sellers represented by Eggert, Erb, Kuehner & Debower PLC of Charles City. Closing handled by Fred Greder of Benchmark Agribusiness Inc. of Mason City. Buyer is responsible to perform their own due diligence in regard to value and fitness of property. Buyers will be responsible for any environmental issues associated with idle building sites including, but not limited to, abandon wells and solid waste. Sellers have the right to reject any or all bids. Statements the day of the auction will take precedence over all prior communication, written or oral. The information gathered for this brochure is from sources deemed reliable, but cannot be guaranteed by auctioneer or seller. All acres are considered more or less.