ONLINE LAND AUCTION
For: Sabre Investments LLC. and C. Schreier
Bidding Website: bid.tarrantandharman.com
Auction Dates: Bidding begins May 26th, 2018 @ 8am and ends June 4th, 2018 @ 12pm
Description: 85 +/- acres located in Macoupin County, IL is being sold with NO RESERVE. The property is located on Pike Ln. off S. Dorchester Rd. in Dorchester Township and it includes mostly tillable dirt and an old home place with several outbuildings. The land consists of 52% Cowden Piasa Silt Loams and 10% Herrick Biddle Piasa Silt Loams with a crop productivity index weighted average of 108. There is road frontage on the entire north side of the property along Pike Ln. Call Travis directly at 618-974-9259 for information regarding the inclusion of income from the oil well.
Terms & Conditions:
Property selling as/is, where/is. All inspections must be conducted prior to the day of sale. Highest bidder will enter into an auction sales contract and be required to put a non-refundable 10% down. This sale is selling absolute with no reserve. There will be a 4% buyers premium. All financing must be in line prior to the day of sale. All announcements the week of the sale take precedence over any pre-printed material.
Please note: ‘Proof of funds’ or ‘Financing approval’ on bank letterhead must be emailed to [email protected] before you will be approved to bid. The online auction platform allows for a “soft auction close” and… – If a lot receives a bid within the last 10 min. it will remain open for an additional 10 min. – If any further bidding occurs, the extension timer will reset to 10 min. – If no further bidding activity occurs, the lot closes when the timer runs out.