Sales Method: The property will be offered in 4 tracts, 1,2,3 and 4, Then proceeding to opening bidding on the individual tracts, combinations, and the entire farm as determined by the auctioneer.  Bidders will have the opportunity to put together any combination they desire.  

Down Payment: 10% down payment on the day of the auction.  The down payment must be by personal check, business check, or cashier’s check.

Financing: Bidders’ must have their financing arranged prior to the auction.  No bids are conditional upon financing.

Absentee and phone bids: ALL absentee and phone bidders must register with Dye Real Estate and Land Company prior to the auction.  Anyone bidding on behalf of an absentee bidder will be equally responsible for the bid and required to enter into a contract to purchase at the end of the auction.

Property Inspection: Potential purchasers are responsible for conducting their own inspection of the property and any due diligence, inquiries, and inspections will be conducted at their own risk.  Seller and real estate company disclaims any and all responsibility for the bidder’s safety during any physical inspection of the property.

Acceptance of Bids: Any and all successful bidders will be required to enter into a purchase agreement with the seller immediately following the sale, seller will be signing the contract electronically and purchaser will be provided a copy of the fully signed contract one day after the sale.  All final bids are subject to the seller’s confirmation.

Evidence of title: The seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. If any buyer elects to purchase title insurance, the cost thereof will be at buyer’s sole expense. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record.  All tracts are being sold “AS IS”.

Deed:  Seller to provide a fiduciary deed.

Closing: The balance of the purchase price is due at closing, which will take place within 45 days after the auction.

Possession: Possession will be given after the 2021 crop is harvested but no later than 12/31/2021.

Real Estate Taxes: Taxes will be prorated to the day of closing.  Property is currently in CAUV.  If purchaser removes the property from CAUV, purchaser will be responsible for the payment of any CAUV tax recoupment.  New taxes may be established due to the creation of new parcels.

Tract Map and Acreage: All dimensions, proposed boundaries, and tract acreages are approximate and are based on aerial photos and auditor information.  Final surveyed acreages are subject to change by the closing of the sale. All final prices will be established by multiplying the per acre price by the new surveyed acreage.

 

Mineral Rights: The sale will include 100% of the mineral rights, if any, owned by the seller.

Survey: Seller will provide a new survey for all parcels.  You will be purchasing these properties by the new surveyed acres.

Agency: Dye Real Estate and Land Company, and its representatives, are sole 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 in the purchase agreement.  The properties are being sold “AS IS, WHERE IS” with no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Dye Real Estate and Land Company.  All sketches and dimensions in this brochure are approximate.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in all advertising material both printed and digital is subject to verification by all parties relying on it.  No liability for its accuracy, errors, or omissions is assumed by the seller or Dye Real Estate and Land Company.

ANY ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PRINTED MATERIAL.

Sellers: Susan Jolliff and Michelle Ingleston

 Auctioneer: Mike Reindel

 Real Estate Broker and Apprentice Auctioneer: Devin Dye 

Crimson Lane
4600 County Road 1
Ada, Ohio 45810
United States