COOPER FAMILY FARM TAYLOR COUNTY IOWA I-AUCTION
Updated: 12 hours ago
533.5+/- Acres selling in 4 tracts. Highly Tillable Farm with Home and Improvements. Great Location. Click Here For Tract Details.
Bidding Open January 4th through 11th 2024
Offering 4 Tracts Of Highly Tillable Row Crop Farm Land
Tract 1: 74+/- Acres Click Here
Tract 2: 219+/- Acres Click Here
Tract 3: 10.5+/- Acres Home & Improvements Click Here
Open House Dates: December 2nd & 16th: 10:00am - 12:00pm
Tract 4: 230+/- Acres Click Here
Terms:
Farm is open for the 2024 farm season. There are no farm or hunting leases in place. Buyer to receive full possession of farms, home and metal buildings at time of closing. Buyer to receive possession of Grain Storage bins by March 15, 2024
Bidding will end with a soft close, meaning that a bid in the final minutes will extend the bidding by approximately 5 minutes.
Tracts 1, 2 & 4: All bids are placed on a per acre basis (your bid times the total acres). Bidders will be required to register and sign terms/conditions before bidding on the auction. Tract 3 will be sold based on a total dollar amount.
The successful high bidder, upon completion of the Real Estate Auction, must complete and sign a purchase agreement and render 10% of the purchase price (earnest money) as a non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance due at final closing.
United Country Property Solutions LLC must receive a signed copy of the contract (hand delivered, faxed, or scanned and emailed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid.
The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.
This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such reason. Out of area personal checks must be with the approval of the Auction Company personnel. Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit. Sale is non-contingent; failure to close will result in forfeiture of the earnest money. Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids.
The property is sold “As Is, Where Is” and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding. Sellers and/or the Auction Company do not guarantee acres.
Taxes are paid through March 31, 2024 by the sellers. Taxes due and payable beyond March 31, 2024 will be the sole responsibility of the new owners. Seller shall provide an updated Abstract and shall execute a proper deed conveying the real estate to the buyer.
Attorney for the sellers: Matthew Hanson located in Lenox Iowa. Brokerage for the sellers: United Country Property Solutions LLC broker Dan McChristy. United Country Property Solutions LLC are exclusive agents for the Sellers.
Sale shall include all mineral rights owned by the seller if any. Property is sold based on the legal description (survey for tract 3 will be provided by sellers). All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement.
Under no circumstances shall Bidder have any kind of claim against United Country Property Solutions LLC, Sellers, or any party if the Internet service fails to work correctly before or during the auction. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.
Bid Increments:
Tracts 1, 2 & 4 Bid Increments
Starting at $0 bid increment is $500 per acre Starting at $3,000 bid increment is $250 per acre Starting at $4,000 bid increment is $100 per acre Starting at $5,000 bid increment is $75 per acre
Starting at $6,000 bid increment is $50 per acre Starting at $7,000 bid increment is $25 per acre
Tract 3 (Homestead) Bid Increments
Starting at $100,000 bid increment is $10,000 Starting at $200,000 bid increment is $5,000
Starting at $250,000 bid increment is $2,500 Starting at $300,000 bid increment is $1,000 Starting at $350,000 bid increment is $500
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