NOVEMBER 15, 2021 @ 10:30 A.M.–UPCOMING LIVE PUBLIC AUCTION OF 152.39 ACRES OF DOON TWP, LYON COUNTY, IA FARMLAND
Listing ID#: 449871

Sale Location

,
Sale Dates and TimesSALE IS COMPLETED
Monday Nov 15, 2021 Completed
Sale Type
   Live with Online Auction  VIEW ONLINE CATALOG
Company Information
Zomer Company

Contact: Blake Zomer
Phone: 7124602552
Email: blakzomer@gmail.com
Website: https://zomercompany.com/site/

EstateSale.com ID#: 11241
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Listing Terms and Conditions

Upcoming Live Public Auction Of 152.39 Acres Of


Doon TWP, Lyon County, IA Farmland


 


 


Tract 1: 79.86 Acres—Tract 2—72.53 Acres


 


 


This Farmland Is Located North Of Rock Valley, IA & West Of Doon, IA on BlkTop A52!!This Is A Great Opportunity To Purchase Farmland In A Great Area!


 


 


Location: From the South edge of Doon, IA at the intersection of 260th St & Garfield Ave go 2 miles West on 260th St to the farmland. Farmland is located in the Northwest corner of the intersection of Fig Ave and 260th St. Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland


 


 


Sale Date: November 15, 2021 @10:30 A.M.


zomerauctions.com


 


 


Auctioneers Note: Our company is honored to have been selected by the Jake Teunissen Jr. Estate to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers a great opportunity to start your land portfolio or add to your current operation!! This farmland is in a great location!  Farms are not often offered for sale in this area! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!


 


 


 


Legal Description of Tract 1: Parcel C in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.


 


 


General description of Tract 1: According to the survey, this property contains 79.86 gross acres. According to FSA and recent survey this farm contains approx. 78.78 tillable acres with the balance in road and ditch.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. The predominant soil types include: 410B2, 410C2, T410B, T410-Moody, 910B-Trent, 430-Ackmore and 401D2-Crofton. The average CSR1 is 58 and the average CSR2 is 67. This farm appears to have a good state of productivity and is well managed. This farm has had hog manure applied on a regular basis. This is an inside parcel of land with road on only one side. This farm can be farmed in half mile rows. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!  


 



 


Legal Description of Tract 2: Parcel D in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.


 


 


General description of Tract 2: According to the survey, this property contains 72.53 gross acres. According to FSA this farm contains approx. 67.75 tillable acres with the balance in road and ditch and waterway. This farm has a Blacktop on South side and gravel road on the East side.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. This farm has some highly productive bottom ground and has also had manure applied on a regular basis. The predominant soil types include: 410C2, 410B, 410B2, T410-Moody, 133-Colo, 910B-Trent, 33E-Steinauer, 430-Ackmore and 401D2-Crofton.   The average CSR1 is 58.7 and the average CSR2 is 69.3. This farm appears to have a good state of productivity and is well managed. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!   Note: There is a well on this property that is no longer in use. The buyer of Tract 2  will be restricted from constructing a livestock confinement, concentrated livestock facility of any kind or livestock manure storage facility within 600 feet of Parcel E (current acreage site) for a period of 15 years from date of closing. Buyer of Tract 2 will be required to reimburse current tenant for hog manure that was applied in the Fall of 2021. Contact agent for details. This farm has several feet of drainage tile line installed.


 



 


 


Method of sale: The farms will be sold based on gross surveyed acres. Farms will be offered in the following method. The successful bidder will have the choice of buying Tract 1 or Tract 2 or both. In the event that the successful bidder only chooses one Tract, the remaining parcel will then be sold to the highest bidder. Auction will be held at the site of the Land.


 


 


 


Taxes: The current Real Estate Taxes according to the Lyon County Treasurer combined are approx. $4250.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.                                             


 


 


Possession: Possession will be on March 1, 2022. These farms are available to farm for the 2022 Crop Year.


 


 


Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before Dec.22, 2021 when the buyer shall receive a clear and merchantable title to the property. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This sale is subject to Court Approval. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – Brian Van Engen—Attorney for Seller.


 


CLICK HERE FOR BOOKLET 


 


Jake Teunissen Jr. Estate – Owners


 


 


 


Please carefully read the terms listed below. Thank You! 



Zomer Auctions and it's Employees act merely as agents for sellers. All final bids are subject to the seller's confirmation.The top bidder will be contacted as to the status of his/her bid. While the information we provide on the property is deemed correct, no warranties are expressed or implied 



You acknowledge that by bidding you have agreed to accept the property it's present condition at it's present location and with the description provided whether accurate or not. 

Auction Close. This auction will be a live webcast auction with bidding closing as the items are closed at the live auction. 


When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often.


 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions. and purchaser throughout any transaction or auction. All bidders must provide valid credit card information or wire information. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

All bidders must be responsible to provide payment. Failure to do so will result in buyer to be responsible to pay all attorney fees and costs incurred by Zomer Auctions to collect funds owed. The purchaser also agrees that a 1.5% per month will be added to any unpaid balance due to the Auction Company as well as any other costs or loss incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, IA.

The final bidding will close and remain closed.


The auction company reserves the right to reject any/all bids for any reason. The auction company shall also be the final judge in any bidding disputes and has the final authority to name a bidder as a final purchaser. The auction company shall not be held responsible for any missed bids.


 

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NOVEMBER 15, 2021 @ 10:30 A.M.–UPCOMING LIVE PUBLIC AUCTION OF 152.39 ACRES OF DOON TWP, LYON COUNTY, IA FARMLAND

Zomer Company

Zomer Company


Contact: Blake Zomer
Phone: 7124602552
Sale Location
Auction will be held at the site of the farmland
,
Sale Dates and Times
Monday Nov 15, 2021 Completed
Sale Terms and Conditions

Upcoming Live Public Auction Of 152.39 Acres Of

Doon TWP, Lyon County, IA Farmland

 

 

Tract 1: 79.86 Acres—Tract 2—72.53 Acres

 

 

This Farmland Is Located North Of Rock Valley, IA & West Of Doon, IA on BlkTop A52!!This Is A Great Opportunity To Purchase Farmland In A Great Area!

 

 

Location: From the South edge of Doon, IA at the intersection of 260th St & Garfield Ave go 2 miles West on 260th St to the farmland. Farmland is located in the Northwest corner of the intersection of Fig Ave and 260th St. Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland

 

 

Sale Date: November 15, 2021 @10:30 A.M.

zomerauctions.com

 

 

Auctioneers Note: Our company is honored to have been selected by the Jake Teunissen Jr. Estate to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers a great opportunity to start your land portfolio or add to your current operation!! This farmland is in a great location!  Farms are not often offered for sale in this area! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!

 

 

 

Legal Description of Tract 1: Parcel C in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.

 

 

General description of Tract 1: According to the survey, this property contains 79.86 gross acres. According to FSA and recent survey this farm contains approx. 78.78 tillable acres with the balance in road and ditch.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. The predominant soil types include: 410B2, 410C2, T410B, T410-Moody, 910B-Trent, 430-Ackmore and 401D2-Crofton. The average CSR1 is 58 and the average CSR2 is 67. This farm appears to have a good state of productivity and is well managed. This farm has had hog manure applied on a regular basis. This is an inside parcel of land with road on only one side. This farm can be farmed in half mile rows. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!  

 

 

Legal Description of Tract 2: Parcel D in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.

 

 

General description of Tract 2: According to the survey, this property contains 72.53 gross acres. According to FSA this farm contains approx. 67.75 tillable acres with the balance in road and ditch and waterway. This farm has a Blacktop on South side and gravel road on the East side.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. This farm has some highly productive bottom ground and has also had manure applied on a regular basis. The predominant soil types include: 410C2, 410B, 410B2, T410-Moody, 133-Colo, 910B-Trent, 33E-Steinauer, 430-Ackmore and 401D2-Crofton.   The average CSR1 is 58.7 and the average CSR2 is 69.3. This farm appears to have a good state of productivity and is well managed. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!   Note: There is a well on this property that is no longer in use. The buyer of Tract 2  will be restricted from constructing a livestock confinement, concentrated livestock facility of any kind or livestock manure storage facility within 600 feet of Parcel E (current acreage site) for a period of 15 years from date of closing. Buyer of Tract 2 will be required to reimburse current tenant for hog manure that was applied in the Fall of 2021. Contact agent for details. This farm has several feet of drainage tile line installed.

 

 

 

Method of sale: The farms will be sold based on gross surveyed acres. Farms will be offered in the following method. The successful bidder will have the choice of buying Tract 1 or Tract 2 or both. In the event that the successful bidder only chooses one Tract, the remaining parcel will then be sold to the highest bidder. Auction will be held at the site of the Land.

 

 

 

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer combined are approx. $4250.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.                                             

 

 

Possession: Possession will be on March 1, 2022. These farms are available to farm for the 2022 Crop Year.

 

 

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before Dec.22, 2021 when the buyer shall receive a clear and merchantable title to the property. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This sale is subject to Court Approval. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – Brian Van Engen—Attorney for Seller.

 

CLICK HERE FOR BOOKLET 

 

Jake Teunissen Jr. Estate – Owners

 

 

 

Please carefully read the terms listed below. Thank You! 



Zomer Auctions and it's Employees act merely as agents for sellers. All final bids are subject to the seller's confirmation.The top bidder will be contacted as to the status of his/her bid. While the information we provide on the property is deemed correct, no warranties are expressed or implied 


You acknowledge that by bidding you have agreed to accept the property it's present condition at it's present location and with the description provided whether accurate or not. 

Auction Close. This auction will be a live webcast auction with bidding closing as the items are closed at the live auction. 


When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often.

 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions. and purchaser throughout any transaction or auction. All bidders must provide valid credit card information or wire information. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

All bidders must be responsible to provide payment. Failure to do so will result in buyer to be responsible to pay all attorney fees and costs incurred by Zomer Auctions to collect funds owed. The purchaser also agrees that a 1.5% per month will be added to any unpaid balance due to the Auction Company as well as any other costs or loss incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, IA.

The final bidding will close and remain closed.


The auction company reserves the right to reject any/all bids for any reason. The auction company shall also be the final judge in any bidding disputes and has the final authority to name a bidder as a final purchaser. The auction company shall not be held responsible for any missed bids.

 

Listing Details

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NOVEMBER 15, 2021 @ 10:30 A.M.–UPCOMING LIVE PUBLIC AUCTION OF 152.39 ACRES OF DOON TWP, LYON COUNTY, IA FARMLAND
 Live Auction w/Online Bidding
Sale Date(s)
Monday Nov 15, 2021 Completed
Sale Location
Listing Terms and Conditions

Upcoming Live Public Auction Of 152.39 Acres Of

Doon TWP, Lyon County, IA Farmland

 

 

Tract 1: 79.86 Acres—Tract 2—72.53 Acres

 

 

This Farmland Is Located North Of Rock Valley, IA & West Of Doon, IA on BlkTop A52!!This Is A Great Opportunity To Purchase Farmland In A Great Area!

 

 

Location: From the South edge of Doon, IA at the intersection of 260th St & Garfield Ave go 2 miles West on 260th St to the farmland. Farmland is located in the Northwest corner of the intersection of Fig Ave and 260th St. Auction signs will be posted. Watch zomerauctions.com for inclement weather!  Auction will be held at the site of the farmland

 

 

Sale Date: November 15, 2021 @10:30 A.M.

zomerauctions.com

 

 

Auctioneers Note: Our company is honored to have been selected by the Jake Teunissen Jr. Estate to offer this farmland for sale at live public auction! Make plans today to attend this auction! This farmland offers a great opportunity to start your land portfolio or add to your current operation!! This farmland is in a great location!  Farms are not often offered for sale in this area! Call an auctioneer listed below today to receive a full informational packet! This auction will be held at the site of the farmland!! Watch zomerauctions.com in case of inclement weather!

 

 

 

Legal Description of Tract 1: Parcel C in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.

 

 

General description of Tract 1: According to the survey, this property contains 79.86 gross acres. According to FSA and recent survey this farm contains approx. 78.78 tillable acres with the balance in road and ditch.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. The predominant soil types include: 410B2, 410C2, T410B, T410-Moody, 910B-Trent, 430-Ackmore and 401D2-Crofton. The average CSR1 is 58 and the average CSR2 is 67. This farm appears to have a good state of productivity and is well managed. This farm has had hog manure applied on a regular basis. This is an inside parcel of land with road on only one side. This farm can be farmed in half mile rows. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!  

 

 

Legal Description of Tract 2: Parcel D in the SE 1/4 Section 28-98-46, Lyon County, IA.- Subject to all public roads and easements of record.

 

 

General description of Tract 2: According to the survey, this property contains 72.53 gross acres. According to FSA this farm contains approx. 67.75 tillable acres with the balance in road and ditch and waterway. This farm has a Blacktop on South side and gravel road on the East side.  This farm has a corn and soybean base combined with Tract 2 with a PLC yield of 192bu. on corn and a PLC yield of 62bu. on soybeans. FSA will do a reconstitution once the farm is sold. This farm is classified as HEL. This farm has some highly productive bottom ground and has also had manure applied on a regular basis. The predominant soil types include: 410C2, 410B, 410B2, T410-Moody, 133-Colo, 910B-Trent, 33E-Steinauer, 430-Ackmore and 401D2-Crofton.   The average CSR1 is 58.7 and the average CSR2 is 69.3. This farm appears to have a good state of productivity and is well managed. This farm is in the ARC County Program. This farmland would make a great addition to your current farming operation or would make a great investment opportunity!!  Make plans today to attend this auction!!!   Note: There is a well on this property that is no longer in use. The buyer of Tract 2  will be restricted from constructing a livestock confinement, concentrated livestock facility of any kind or livestock manure storage facility within 600 feet of Parcel E (current acreage site) for a period of 15 years from date of closing. Buyer of Tract 2 will be required to reimburse current tenant for hog manure that was applied in the Fall of 2021. Contact agent for details. This farm has several feet of drainage tile line installed.

 

 

 

Method of sale: The farms will be sold based on gross surveyed acres. Farms will be offered in the following method. The successful bidder will have the choice of buying Tract 1 or Tract 2 or both. In the event that the successful bidder only chooses one Tract, the remaining parcel will then be sold to the highest bidder. Auction will be held at the site of the Land.

 

 

 

Taxes: The current Real Estate Taxes according to the Lyon County Treasurer combined are approx. $4250.00 per year. Seller will pay the 2021 taxes which are due and payable in March and Sept of 2022.                                             

 

 

Possession: Possession will be on March 1, 2022. These farms are available to farm for the 2022 Crop Year.

 

 

Terms: Purchaser (s) will be required to pay a non-refundable 15 % of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before Dec.22, 2021 when the buyer shall receive a clear and merchantable title to the property. This farm is being sold as is as a cash sale with no finance contingencies and as is with any/all defects and encroachments if any. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Sellers do not warranty or guarantee that existing fences lie on the true boundary and any new fencing if any will be the responsibility of the purchaser pursuant to IA statutes. Any announcements made day of the auction will supersede any advertisements. Aerial maps, soil maps and auction booklets are available upon request. This sale is subject to Court Approval. This Property is being sold subject to the confirmation of the sellers. Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below. – Brian Van Engen—Attorney for Seller.

 

CLICK HERE FOR BOOKLET 

 

Jake Teunissen Jr. Estate – Owners

 

 

 

Please carefully read the terms listed below. Thank You! 



Zomer Auctions and it's Employees act merely as agents for sellers. All final bids are subject to the seller's confirmation.The top bidder will be contacted as to the status of his/her bid. While the information we provide on the property is deemed correct, no warranties are expressed or implied 


You acknowledge that by bidding you have agreed to accept the property it's present condition at it's present location and with the description provided whether accurate or not. 

Auction Close. This auction will be a live webcast auction with bidding closing as the items are closed at the live auction. 


When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason. Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often.

 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions. and purchaser throughout any transaction or auction. All bidders must provide valid credit card information or wire information. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

All bidders must be responsible to provide payment. Failure to do so will result in buyer to be responsible to pay all attorney fees and costs incurred by Zomer Auctions to collect funds owed. The purchaser also agrees that a 1.5% per month will be added to any unpaid balance due to the Auction Company as well as any other costs or loss incurred due to the purchasers failure to adhere to these terms. Any debt collection or dispute proceedings will be settled by arbitration in Sioux County, IA.

The final bidding will close and remain closed.


The auction company reserves the right to reject any/all bids for any reason. The auction company shall also be the final judge in any bidding disputes and has the final authority to name a bidder as a final purchaser. The auction company shall not be held responsible for any missed bids.