NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2008 Jan 22 @ 10:30UTC-7 : PDT/MST
SINGLE UNIT: 217.3 ± ac, 108.8 ac pivot
irrigated, 67.8 ac flood irrigated; 40.7ac roads,
waste & improvement site; 51 shares of Iliff &
Platte Valley Ditch, 108.3 acre rights within
Iliff Irrigation District; Improvements include:
1,586 sq ft, 3 bed, 2 bath home w/attached 2 car
garage; 1,300 sq ft, 3 bed, 1 bath home; w/2
car garage; barn/shop & open face livestock
shed; 7 tower pivot w/60 HP electric motor &
pump; R/E Taxes: $2,508.68; 102.5 ac FSA
corn base w/134 bu yield;14 ac FSA wheat base
w/50 bu yield.
Auction Location:
Ramada Inn, Sterling, Colorado, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
AUCTION DATE/LOCATION: Tuesday, January 22, 2008, at 10:30
a.m., MT; Auction to be held at Ramada Inn in Sterling, CO.
LOCATION: From Iliff, 1/2 miles south across Hwy #138.
OVERVIEW: This auction allows the opportunity to purchase a rural
acreage with improvements close to Sterling or pivot/flood irrigated to
expand current operation. Excellent ditch water
SALE TERMS/PROCEDURE: The "William Lock Estate - Irrigated
Land Auction" is based on a MINIMUM BID. The sale of the property
is triggered whenever the highest bid or bids received equal or exceed
the TOTAL MINIMUM BID of $530,000. Property to be offered in 2
Parcels and as a Single Unit. Competitive bids will determine outcome
of auction. No parcel sells unless both parcels sell. Sellers agree not to
accept and negotiate any contracts to purchase prior to auction date.
Bids will be taken for total purchase price not price per acre.
SIGNING OF PURCHASE CONTRACT: Immediately following the
conclusion of the auction, the highest bidder(s) will enter into and sign a
Contract to Buy and Sell Real Estate (All Types of Properties) for the
amount of the bid. Required earnest money deposit to be in the form of a
personal, business, or corporate check for 5% of the purchase price for
Parcel #1 and 15% of the purchase price of the Parcel #2 and the Single
Unit which is due upon the signing of the contract and to be deposited
with Reck Agri Realty & Auction. Purchase contract will not be contingent
upon financing. Terms and conditions of the detail brochure and
oral announcements shall be incorporated and made a part of the contract.
Sample contracts are available within the detail brochure.
CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or
cashier's check (Good Funds), the balance of purchase price (purchase
price less earnest money deposit), plus their respective closing costs, and
sign and complete all customary or required documents at closing, which
is on or before Februa