John J. Ridder Trust Land Auction

Terms and Conditions

The farm will be sold on a price per acre basis according to the latest survey. Buyer(s) will enter into a non-negotiable written contract on the day of the auction. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing. Sellers shall pay the 2022 real estate taxes payable in 2023. Buyer(s) will receive a credit at closing for the 2022 taxes due and payable in 2023 based on the latest ascertainable real estate information available. Sellers will provide title insurance in the amount of the purchase price subject to the permitted exceptions and the title company’s usual and customary exceptions. Possession will be given at the time of closing. Closing will be on or before April 14, 2023. Property is being sold subject to owner confirmation. Sellers agree to participate in 1031 like kind exchange as long as same is at no additional cost to seller.

All announcements sale day shall take precedence over any prior advertising whether written, oral or electronic. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate and are for demonstration purposes. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is” subject to all easements written or unknown. Seller’s interest in mineral rights will be conveyed. Buyers MUST have financing arranged prior to sale day.

Payment

Approved check, cashiers check, or wire transfer only. Ten percent (10%) of the bid price will be due on the day of the sale with the balance payable at the time of closing.

Disclosure of Owner Names

John J. Ridder Trust

Contact Information

Aron Cowman 217-473-4840
Ron Cowman 217-473-7550

Documents

Aerial_Map

Soils_Map

John Ridder brochure