No Buyer Premium

Tillable acres, wooded acres and water ways are simply estimates. They are to be used as guidelines. Auction company and seller will not warranty tillable acres, wooded acres, and waterways.

Out of State or people more than 75 miles from the land bank letter of credit required. Please email to schmidauction@yahoo.com Anyone that has been a previous Schmid Auction customer in good standing bank letter of credit not required. A bank letter of credit is just a simple letter from the bank that states a person may bid on the land offered in this auction!

All tracts will close simultaneously. When there is a bid on a tract all tracts will extend for 5 more minutes. When there are no bids for 5 minutes the auction will close. If anyone is having technical difficulties call the auction company 217-821-4737 and we can pause the auction. Schmid Auction may extend the auction if a bidder calls us and needs more time!

No buyer premium on the auction. Example: If a person purchases a tract for $200,000.00 that is the price put on the purchase agreement.

Tracts are offered by the tract not the acre. If a person purchases a tract of 40 acres for $200,000.00 and has a survey done and it comes out to 39.5 acres the price will not change. It will still be $200,000.00

All of the seller's interst goes with the land. All mineral interest they own if any will transfer to the new owner.

Bidding by the tract not the acre. Terms & Conditions: Real Estate is sold "As Is". 10% down after the auction sale day or the day after. remainder due at closing approx 30 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Auction is subject to seller confirmation. Successful bidders will be required to enter into a purchase agreement auction day or the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.

Zero No Buyer Premium Online Only Land Auction 533 + or - Acres Hamilton County Land Flannigan Township, McLeansboro, IL Starts to close Sat Jan 16th 1:00pm Farmland, hunting land, large trees, deer, turkey, quail and rabbit hunting! Tract 1: 80 + or - Acres, 71.53 + or - tillable acres, located in Sec 22 & 27, Flannigan Township, Hamilton County, IL Tract 2: 93 + or - Acres, 81 + or - tillable, 10 + or - acres of woods, located in Sec 22 & 27, Flannigan Township, Hamilton County, IL Tract 3: 40.5 + or - Acres, 39 + or - tillable, located in Sec 21, Flannigan Township, Hamilton County, IL Tract 4: 119.5 + or - acres, 77 + or - tillable, 33 + or - acres of woods, located in Sec 21, Flannigan Township, Hamilton County, IL Tract 5: 120 + or - acres, 70 + or - tillable acres, 50 + or - acres of woods and waterways, located in Sec 22, Flannigan Township, Hamilton County, IL Tract 6: 40 + or - acres, 21.85 + or - tillable, 18.15 + or - acres of woods, located in Sec 22, Flannigan Township, Hamilton County, IL Tract 7: 40 + or - acres, 24.36 + or - tillable, 18.15 + or - acres of woods, located in Sec 22, Flannigan Township, Hamilton County, IL Tract 8: Combination of all tracts 1, 2, 3, 4, 5, 6, 7 and 8 (all tracts). If tract 8 bid is higher than all tracts together the land will sell together. All pieces are subject to seller confirmation. Tract 9: Combination of tracts 1, 2 & 3. If tract 9 is higher than the sum of 1, 2 & 3, then tracts 1, 2 & 3 will be sold together as tract 9. Tract 10: Combination of tracts 4, 5, 6 & 7. If tract 10 is higher than the sum of 4, 5,6 & 7, then tracts 4, 5, 6 & 7 will be sold together as tract 10. Farming rights will be granted to new owner after fall harvest 2021. New owner will receive 1/3 of crop at the completion of harvest and will be responsible for 1/3 of fertilizer and chemical cost. New owner will not be responsible for any seed cost. Current plan is to plant soybeans. Farmland, wooded land, some of the best whitetail deer and turkey hunting land in the U.S.A! Prime Quail hunting! Sellers: Keith & Tina Watkins Bidding by the tract not the acre. Terms & Conditions: Real Estate is sold "As Is". 10% down sale remainder due at closing approx 30 days. Maps, borders, on brochure, website and markers in the field are estimates and are simply to be used as guidelines. Auction is subject to seller confirmation. Successful bidders will be required to enter into a purchase agreement auction day or the following day after the auction. It is the potential bidder's responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.