Auction Information
160 ACRES YUMA CO, COLO CROPLAND
LEGAL DESCRIPTION: NE/4 OF SECTION 6-5N-46W
AUCTION LOCATION: PHILLIPS COUNTY EVENT CENTER, BIESEMEIER MEETING ROOM, HOLYOKE, CO
LAND LOCATION: From the intersection of Hwys 59 and 34 in Yuma, Colorado, go 27 miles North to the Phillips/Yuma Co line, then 4 miles East to the NW corner of the property. SIGNS WILL BE POSTED!
MANNER OF SALE: This real estate will be offered in one tract. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of sale, with the balance to be paid on or before April 10, 2015, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and ap...
TERMS: 10% down day of sale, with the balance to be paid on or before April 10, 2015, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. All bids are subject to Sellers confirmation. Announcements made day of sale will take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: Mineral rights are believed to be 50% intact and all of the Sellers interest will transfer to the Buyer at closing.
CROPS: There are no growing crops.
FSA INFORMATION: Cropland acres - 157.2
Base Acres Direct Yld
Wheat 77.4 28
Any FSA farm program payments associated with the 2015 crop year will go to the Buyer.
POSSESSION: Date of closing.
CLOSING: Closing will be on or before April 10, 2015.
REAL ESTATE TAXES: Taxes for 2015 will be paid by the Buyer. (2014 taxes = $323.93).
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer in the amount of the purchase price with the premium to be paid by the Seller. Title evidence will be provided on sale day.
ACCEPTANCE OF BIDS: The successful bidder will be required to enter into a real estate purchase contract immediately following the auction. Copies of the contract will be available from the auction company prior to the sale.
ACREAGES: Acreage figures are considered to be approximate and are from reliable sources based on (USDA) FSA figures. All FSA information is subject to change, including but not limited to the number of cropland acres, grass acres, base acreages and yields. FSA acres may not be the same as deeded acres or county appraiser acres. Acreages are not covered by title insurance.
INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither Seller or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied.
EASEMENTS: This sale is subject to all rights-of-ways and easements, whether recorded or not, and to oil and gas leases of record, if any.
AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Seller.
AUCTIONEERS NOTE:
Brian & Donnetta Schafer will offer this EXCELLENT quarter of cropland for sale at public auction on Tuesday, March 10th at the Phillips County Event Center in Holyoke.
This is a nearly flat parcel that would enhance either your farming or investment portfolio!
Immediate possession to the Buyer, and all of the Sellers mineral interest (believed to be 50%) will transfer to the Buyer at closing!
Call listing agent, Dennis Weaver at 970-580-5954 for a tour today!
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