AUCTION DECEMBER 12TH, 6 PM SHARP! LOCATION: AMERICAN LEGION, 627 E. JACKSON ST. , JACKSON CENTER OH 45334.
Once in a lifetime opportunity to own superior land in Clay Township, Auglaize County, OH. A great mix of premium soils, hardwoods, and home site. Selling in 4 tracts. Frontage on Clay Rd. and Wrestle Creek Rd. This farm has an excellent drainage ditch as well.
Tract 1 = 40+/- Acres
AUCTION TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 4 individual tracts, 1, 2, 3, & 4, and as a combination of tracts 1 & 2, 2 & 3, and 121+/- acres as a whole. The residential property will sell by itself at the end of the auction. There will be opening bidding on the individual tracts and the entire unit as determined by the auctioneer.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or the combinations of tracts. The down payment must be by personal check, corporate check, or cashier’s check. BIDDING IS NOT CONDITIONAL UPON FINANCING. You must have your financing arranged and be capable of paying cash at closing.
ACCEPTANCE OF BIDS: Any and all successful bidders will be required to enter into a purchase agreement with the seller immediately following the sale, on site. All final bids are subject to the seller’s acceptance, or rejection.
EVIDENCE OF TITLE: The seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. If any buyer elects to purchase title insurance, the cost thereof will be at buyer’s sole expense. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. All tracts are being sold “AS IS”.
DEED: Seller shall provide a fiduciary deed.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days after the auction.
POSSESSION: Possession will be given at closing
REAL ESTATE TAXES: Taxes will be prorated to the date of closing. Property is currently in CAUV. If purchaser converts property to a non- agricultural use, buyer will be responsible for the payment of any CAUV recoupment taxes.
PROPERTY INSPECTION: Potential purchasers are responsible for conducting their own inspection of the property and any due diligence, inquiries, and inspections will be conducted at their own risk. Seller disclaims any and all responsibility for the bidder’s safety during any physical inspection of the property.
TRACT MAP/ACREAGE: All dimensions, proposed boundaries, and tract acreages are approximate and are based on aerial photos and auditor information.
MINERAL RIGHTS: The sale will include 100% of the mineral rights, if any, owned by the seller.
SURVEY: The seller shall provide a new survey and legal description where there is no current legal description and new boundaries may be created due to the new tracts created by the auction.
AGENCY: Oakridge Realty & Auction Company, and its representatives are sole agents for the seller.
Auctioneers: Kevin Miller (567-712-0911)
Licensed & Bonded in favor of State of Ohio.
DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions in the purchase agreement. The property is being sold on an “AS IS, WHERE IS” basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or Auction Company. ANY ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PRINTED MATERIAL.
Auctioneer License Information: 2017000015
The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.