Interested parties must register to bid and submit a bank letter of creditworthiness to Spencer Auction Group by calling 712-644-2151.  You will not be authorized to bid until the bank letter has been received and the terms of the auction have been accepted.

Property will sell 68.07 taxable acres times the bid.

Your bid is a cash offer, and not subject to financing, appraisal or inspections.

Sellers (Executor) will have the right to accept or reject the final bid on the property before 5pm on October 19th, 2022.  If the final bid is accepted, buyer will sign a purchase agreement immediately following acceptance, and deposit a 10% non-refundable earnest deposit in the Peters Law Firm Trust Account, where it will be held until closing. 

Seller will provide an updated abstract.  Buyer will provide a title opinion rendered by the attorney of the buyers choice and at the buyers expense. Each party will pay normal costs associated with closing a real estate transaction. 

Closing:  Closing will be held on or before November 18th, 2022 under the supervision of Peters Law Firm, Leo Martin, Attorney for the Estate.

Agency:  Farms America, INC/Ed Spencer Real Estate and Spencer Auction Group, are agents for, and represent the SELLERS in this transaction.  All bidders shall be considered customers, not clients.

Disclaimer:  

Announcements made by the auctioneer at the time of the sale or emailed to registered bidders will take precedence over any and all previously printed material, or any oral statements made.  All information in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase.  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 being made by the sellers or the auction company.  Each potential bidder is responsible for conducting his or her own due diligence, inspections, investigations, and inquiries regarding the property.  The information in this brochure is believed to be accurate, but is subject to the verification of all parties relying on it.  No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company.  All sketches and dimensions in this brochure are approximate and based upon GIS, aerial photographs and information provided by the county assessor and FSA. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.