County Road 401 , Fayette, MO 65248 (Howard County)

Size: 144 Acres

Type: Farms and Ranches, Hunting Property

Auction Information

Fayette, MO Land iAuction – Howard County

00 County Road 401, Fayette, MO

01/29/2020, 10:00 AM

Online Bidding Site

Fayette, MO Land iAuction Howard County

As we are trying to buy a farm closer to our home, we have decided to sell these 144+/- acres in two tracts at Internet-only Auction. Sellers: Brian and Jennifer Force

These 144+/- flat to gently rolling acres are located at the southeast edge of the Fayette city limits. The Farm Service Agency figures there to be 46 acres of productive cropland with the balance in timber. There are excellent hunting opportunities on the farm with ample bedding areas, cover, and the Bonne Femme Creek meanders through the property creating an excellent travel corridor.

Tract 1: 40+/- acres of flat to gently rolling land consisting of 33+/- acres of productive cropland with the balance in woods and water. This tract is accessed by county road 401. Income Producing!

Tract 2: 104+/- acres of flat to gently rolling land consisting of 10+/- acres of open land with the balance in timber. The two small 5+/-...

Tract 2: 104+/- acres of flat to gently rolling land consisting of 10+/- acres of open land with the balance in timber. The two small 5+/- acre open areas would be ideal for food plots along the Bonne Femme Creek. This tract of land is accessed by State highway 240. Excellent Hunting & Recreation!

For more information call or text Jason Wallingford (314) 882-6971.

Auction Terms & Conditions

1. PROCEDURE: Bidding ends Wednesday, January 29, 2020, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All bids placed are by the Acre.

2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price.

3. ACCEPTANCE OF BID PRICES: Winning bidder(s) will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, January 30, 2020 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to 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 the closing for such reason.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. CLOSING: Closing shall be on or before 3:00 PM., Wednesday, February 26, 2020.

6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.

7. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

8. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.

9. REAL ESTATE TAXES: 2020 Real Estate taxes to be paid by the Buyers.

10. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

11. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are 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.

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