XENIA TOWNSHIP LAND AUCTION

Description

61 Acre Farm

Productive Soils

Wednesday, June 11th at 4 PM

Property Location:  1730 Old US 35, Xenia, Ohio 45385

Auction Location:  Greene County Fairgrounds, 120 Fairground Road, Xenia, OH 45385

Offering 61 acres of prime farmland located in Xenia Township, just east of Xenia on Old US 35.  This farmland maximizes your income potential with 58 tillable acres with productive Ragsdale and Russell-Miamian soils.  This is good, flat farmland and the seller is providing a new boundary survey.  The home located at 1730 Old US 35 has been split from this farm, leaving 60.991 vacant acres of farmland. 

Join us in a climate controlled auction facility for this rare opportunity to purchase hard-to-find farmland in central Greene County.  Call us today for full details or to schedule a farm visit.

Real Estate Auction Terms

Bidding Procedure:  The property will sell to the highest bidder subject to confirmation of the 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.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Down Payment:  $20,000 as 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.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before July 18, 2014.  Purchaser(s) will pay customary portion of closing costs at closing.

Possession:  Date of closing, with tenant’s rights reserved to harvest 2014 crops.

Survey:  Seller to provide and file new boundary survey prior to closing.

2014 Cash Rent: 2014 cash rent to be paid to Seller.  Purchaser's price will be credited from seller's proceeds at closing for a prorated portion of 2014 Cash Rent based on 6 month crop season from May 1 – October 31, 2014.

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.

Charles Family, Owner

Terms

Real Estate Auction Terms

Bidding Procedure:  The property will sell to the highest bidder subject to confirmation of the 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.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Down Payment:  $20,000 as 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.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before July 18, 2014.  Purchaser(s) will pay customary portion of closing costs at closing.

Possession:  Date of closing, with tenant’s rights reserved to harvest 2014 crops.

Survey:  Seller to provide and file new boundary survey prior to closing.

2014 Cash Rent: 2014 cash rent to be paid to Seller.  Purchaser's price will be credited from seller's proceeds at closing for a prorated portion of 2014 Cash Rent based on 6 month crop season from May 1 – October 31, 2014.

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.