Result: 1 of 1
Type Online-Only Auction
Price Realized 182,000.00 USD
Date Sold 7/9/2020


Lot # 1
Group - Category Real Estate
Lead Fayette County IL - 40 wooded acres - Cabin - Pond
Description
40 wooded acres in Fayette County IL between Cofeen and Vandalia off IL Rt 185. Pond, cabin (mobile home) and storage building. Great weekend place of site for a new home. Great place to chase Whitetail, Turkey and other small game. Short Legal: NW 1/4, NE 1/4, Section 19, Township 7 North - Range 1 West Tax parcel # 16-09-200-001 Taxes: $524.96 (2018 paid 2019)
Name Fayette County IL 40 Ac
Auctioneer Buy A Farm Land & Auction Co
Type Online-Only Auction
Date(s) 5/27/2020 - 7/9/2020
On line only . Closes Thursday July 9,th 2020 8:00 PM CST
Preview Date/Time Saturday June 27th 1:00 PM to 4:00 PM
Checkout Date/Time Friday July 10th 2020 before 5:00 PM
Location RR 3 Box 773 T
Vandalia, IL 62471
Buyer Premium No Buyer's Premium
Description
40 wooded acres in Fayette County IL between Cofeen and Vandalia off IL Rt 185. Pond, cabin (mobile home) and storage building. Great weekend place of site for a new home. Great place to chase Whitetail, Turkey and other small game. Short Legal: NW 1/4, NE 1/4, Section 19, Township 7 North - Range 1 West Tax parcel # 16-09-200-001 Taxes: $524.96 (2018 paid 2019)
Auction Terms & Conditions No Buyer's Premium YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Sale is subject to the confirmation of the Sellers Procedure: Property is offered in its entirety. SURVEY: Property will not be surveyed. MINERAL: Any mineral owned will transfer, if any. None believed to be owned. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable tile in the form of Title Commitment, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the Title Insurance premium, deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from the mortgage. Buyer shall pay for recording the deed of conveyance from Seller and title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given at closing. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. 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. Real estate is being sold "As Is, Where Is". Any bid placed inside 10 minutes will extend the auction bidding another 10 minutes. This will continue until there are no more bids. Wayne Keller, Auctioneer IL Lic # 441.002475 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. This is a cash sale auction. Be sure to have financing arranged in advance.