Eastern Greene County Farm Auction

Description

UPDATE: The farm sold for $395,000 and closed on 02/05/09.

EASTERN GREENE COUNTY FARM AUCTION

103 Acres in One Tract

Wednesday ♦ December 17, 2008 ♦ 4:00 PM

Inspections by Appointment Only

Farm Location: Turnbull Road, Cedarville, OH.

Auction Location:  Main Street Station Restaurant, 19 S. Main Street, Cedarville, OH.

103.5+ acres in one tract

Zoned Agriculture

Borders Village of Cedarville & private commercial property

1,600+ road frontage

REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell to the highest bidder subject to confirmation of Seller.

Acceptance of Bid Prices:  The successful bidder will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.

Down Payment:  $20,000 down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method.

Closing Date:  On or before January 19, 2009.  Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer and Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement.  Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information.  The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company.  Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it.  Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions.  Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer.  The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc.  All decisions of the Auctioneer are final.

NUTTER ENTERPRISES, Ltd

(Toll Free) 1.866.282.8284