NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2007 Apr 03 @ 10:30UTC-7 : PDT/MST
PARCEL #2C: RURAL ACREAGE/CRP - Tract in SW1/4NW1/4 of 35, T7N, R55W; 40 ac; 38 ac CRP @ $35.74/ac, CRP paym’t $1,358, Expires 9/30/2013; 2.0 ac rds/waste; R/E Taxes: $76.29.
SUGGESTED OPENING BID: $17,500
Auction Location:
Ramada Inn, Sterling, Colorado, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
AUCTION DATE/LOCATION Tuesday, April 3, 2007, Ramada Inn
in Sterling, CO, 10:30 a.m., MT.
LOCATION The property is located from Merino, 1 mi W, 1/2 mi N
to CR 10, 6 mi W to CR 11, 2 mi N. From Atwood, 2 1/2 mi W, 1/2
mi N to CR 18, 8 1/2 mi W to Willard, 1 mi S.
OVERVIEW The property currently owned by Willard and Auriel
Sandstead. Property being offered for auction appeals to a variety of
buyers who may add one parcel or a larger block to their existing farming
operation or purchase CRP for an investment opportunity.
SALE TERMS/PROCEDURE The "Sandstead CRP & Pasture Land
Auction" is an ABSOLUTE LAND AUCTION based on a MINIMUM
BID. The absolute sale of the property is triggered whenever the highest
bid or bids received equal or exceed the TOTAL MINIMUM BID
of $222,500. Property to be offered in 5 Parcels, 2 Combinations, and
as a Single Unit. Competitive bids will determine the outcome of the
auction. No parcel sells unless all parcels sell. Sellers agree not to accept
and negotiate any contracts to purchase prior to auction date. Bids
will be taken for total purchase price not price per acre.
SIGNING OF PURCHASE CONTRACT Immediately following the
conclusion of the auction, the highest bidder(s) will enter into and sign
a Contract to Buy and Sell Real Estate (All Types of Properties) for the
amount of the bid. Required earnest money deposit to be in the form of
a personal, business, or corporate check for 15% of the purchase price
which is due upon the signing of the contract and to be deposited with
Reck Agri Realty & Auction. Purchase contract will not be contingent
upon financing. Terms and conditions of the detail brochure and oral
announcements shall be incorporated and made a part of the contract.
Sample contracts are available within the detail brochure.
CLOSING Purchaser(s) shall pay in cash, electronic
transfer funds, or cashier's check (Good
Funds), the balance of purchase price
(purchase price less earnest money deposit),
p