Auction Information
Tama 150
Land Auction!!
Tama County 150 Acres m/l
Thursday October 28, 2021 at 10:30am
Live Auction Held at Traer Country Club, Traer, Iowa
Land to be sold by choice auction.
Tract 1 is 103 acres m/l, well tiled (see map), 86.8 CSR2, open for 2022 crop season. Property taxes are $3430 yearly.
Tract 2 is 47 acres m/l, pattern tiled (see map) in 2014,
78.9 CSR2 open for 2022 crop season. Property taxes are $1404 yearly.
No survey will be provided.
Final sale is subject to seller approval or rejection. Immediately upon conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with the sellers attorney the required earnest money payment. The Seller will provide a current abstract at their expense. Sale is not contingent upon Buyer obtaining financing.
10% earnest money payment via good check is required on the day of the auction. All funds will be held ...
10% earnest money payment via good check is required on the day of the auction. All funds will be held in Huff Land Companys trust account. Remaining balance will be due at closing.
Closing to take place on Monday November 29th, 2021
All mineral rights owned by the seller will convey to the buyer.
All active bidders must be registered prior to bidding on the farm. If you have an interest in bidding but can not be at the auction call Jake Huff prior the auction to bid by phone.
This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold AS IS-WHERE IS basis with no warranties or guarantees, either expressed or implied by the Seller, Auctioneer or Broker
Information provided herein was obtained from sources deemed reliable, but neither the Auctioneer, Broker or Seller make any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All sketches, dimensions, and acreage figures are approximate or more or less. Any announcements made auction day by the broker or auctioneer will take precedence over any previously printed materials or oral statements.
Auction held in conjunction with Iowa Land Auctioneers, Inc.Both Tracts are well tiled, tile maps available at our website.
Land Location: From Highway 63 just north of Traer, turn west on 160th st. go 1/2 mile, then south on P Ave. 1/4 mile, property is across from Buckingham Cemetery on the west side of P Ave.
Property Taxes: Property taxes will be prorated to date of closing.
Farm Lease: On all tracts, sellers are to retain all of the 2021 Cash Rent due in 2021. Farm Lease for 2022 has been terminated.
Auction Method: Tracts #1 & #2, will be offered as choice, with highest bidder given choice of any or all tracts. Tract #1 will be sold as 103 acres & #2 will be sold as 47 acres. Phone bids will be accepted but you must call Jake Huff at least one day prior to the auction to register (319-415-6226).
Possession: Possession will be granted on closing on or around November 29, 2021, subject to the current farm lease which will expire March 1, 2022.
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