Method & Terms

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Lot #0 (Sale Order: 1 of 2)

Sullivan Auctioneers, LLC

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Location: Mt Sterling, IL

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This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.

The McNeff real estate will be sold on a price per acre basis, based on 126 taxable acres.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Thursday, July 19, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Buyer will pay the 2024 and all future RE taxes. Possession will be given at the time of closing, subject to a farm lease for the 2024 crop year of which the new buyer(s) will receive the farm cash lease income for 2024 (contact the auction manager for the details regarding the farm lease).

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made on sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".

McNeff Estate

Attorney for McNeff Estate:
Dennis G. Woodworth | Blickhan, Timmerwilke & Woodworth
226 N 6th St, Quincy, IL 62301 | (217) 221-4200

Attorney for Gilberta Dorsey:
Roni Vanausdall | Phoenix Legal Services, L.L.C
1425 Pheasant Run, Quincy, IL 62305 | (217) 740-7804

Auction Manager:
John Sullivan (309) 221-6700

Information & Special Terms

Internet Premium :
Payment Options: Check and Wire Transfer
Payment Instructions: Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies.
Currency Type: USD
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Location: Online Event, Mt Sterling, IL 62353
Driving Directions: Auction to be conducted as a virtual, online only auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.

Special Terms

Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction. Buyer is responsible for reviewing auction listing prior to close of sale to inspect any changes, corrections, or additions to property information. Property is being sold as is. Announcements sale day take precedence. Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Immediately following the close of the auction, the successful bidder will be required to pay a non-refundable deposit as outlined in Lot #0 - Method & Terms. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies. Sullivan Auctioneers, LLC are licensed auctioneers representing the seller(s) in this transaction. Sullivan Auctioneers, LLC reserves the right to deny registration.

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This item is part of Brown County, IL Land Auction - McNeff

Wednesday, Jun 19, 2024 | 1:00 PM Central

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Bid Range	Increment
$0.00 - $29,999.99	$100.00
$30,000.00+	$1,000.00