UpcomingWell-Managed Farmland With Irrigation Potential - 160 Acres

Proxibid - Live Internet Bidding
AuctionUpcoming
Auction Date6August

160 Acres / Texas County, OK

Proxibid - Live Internet Bidding

Auction Location:Online Only, OK

Auction Type:Absolute

Auction ends in:00 months, 02 days 21 hours 47 minutes

Bidding Starts:

Auction Date:

Attention farmers; 160 acres of well-managed farmland going to Online Auction selling with No Reserve! The last crop on this quarter was Milo, harvested in 2019, which produced 90 bushels/acre. 2017 received even better moisture which resulted in 140 bushels/acre; per-seller. Great numbers for dryland Milo. This has been farmed as dryland over the last several years. Please note; the property does have a pivot pad, electricity, and underground water pipe. If bought together with the bordering 320 +/- acre tract, it can be irrigated by a towable T-L sprinkler. Buyers looking for investment only, the Sellers are interested in leasing-back the farming. Please don’t hesitate to contact Steve Purviance with any questions or assistance.

  • ONLINE ONLY AUCTION

  • This property will be sold on a per acre bid increment and multiplied by the total acres to arrive at final bid price.

  • Bidding begins July 6 and ends August 6 with a soft closing at 7:00 pm CST

  • Bidders may participate in the auction online at Proxibid.com

  • All properties and or any improvements thereon are sold “AS IS, WHERE IS” with no financing, inspection or other contingencies to sale. Final acreage totals are contingent on a survey

  • This sale is subject to a 5% buyer’s premium ($2,500 minimum per property)

  • Announcements on the day of the sale shall take precedence over any prior advertisements

  • Each high bidder will sign a contract and must make a non-refundable deposit of 10% of the total purchase price ($5,000 minimum) immediately following auction - cash, cashier’s checks, personal checks and business checks (electronically processed) are accepted - the balance of the purchase price and all closing costs are due at closing within 30 days

  • The property is sold free and clear of all taxes and installments of assessments for prior years but taxes and installments of assessments for the current year on the basis of the actual assessment shall be apportioned as of the scheduled date for the closing of title

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment

  • Possession at closing, tenancy is open

  • 160 acres of dryland farm ground

  • Has Pivot-Pad, Electricity, and an underground Water Pipe coming from the bordering Quarter to the west

  • If bought with bordering 320, it’s possible to periodically water with a towable T&L sprinkler supplied by a 120 gal/min well *Please note, both Well and Tower are not on this 160 Acres. If bought alone, it will be Dryland only.*

  • Excellent farm ground, Wheat and Milo have been the most recent crops

  • Minerals do not convey

  • Excellent Pheasant hunting

  • Borders Pavement on east side

  • 20 miles northwest of Guymon

  • 16 miles southeast of Elkhart, KS

  • 30 miles southwest of Liberal, KS

  • 1 hour northwest of Perryton, TX

  • 25 miles west of Hooker

Auction Documents

Details

  • Wild Game
    • Small Game
    • Upland Game
      • Pheasant
      • Dove
      • Quail
  • Roads
    • Road Frontage
      • Country Road
    • Road Access
      • Pavement
      • Gravel
      • Dirt
  • Tillable / Production Areas
    • Corn
    • Wheat
    • Milo
  • Improvements
    • Infrastructure Improvements
      • Internal Road System
      • Wells / Pumps
  • Utilities
    • Electric
  • Activities on Property
    • Hunting
    • Hiking
    • ATV Riding
    • Horseback Riding
    • Camping
    • Family Activities
    • Biking
  • Minerals
    • Surface Only
  • Investment

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in-person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. We do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

If a survey is required, it is typically done immediately following the auction. The per-acre bid at auction will then be multiplied by actual surveyed acres to determine the final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey costs.

Each high bidder must sign a purchase agreement and make a 10% ($5,000 minimum) non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement. The balance of the purchase price and all closing costs are due within 30 days.

For live sales, Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early as to not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are outbid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. The remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction co do not warrant any information contained within the description. All lines on maps are approximate and buyer should verify the information. All sale day announcement will take precedence over any prior advertising or announcements.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details.

Auction Type

Absolute

Licensing

In cooperation with Whitetail Properties Real Estate, LLC

Danillo Lee Perez, OK Broker for Whitetail Properties Real Estate, LLC, OK Lic 158296

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Ronnie Strong, Director, Ranch & Farm Auctions, 573.579.5579

Steve Purviance, OK Land Specialist, 580.571.7305

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