Hinson Trust Farm/Recreational Land AUCTION
144.8 +/- Acres, Section 29, Mills Township, Midladn County MI
By order of the Midland County Probate Court Judge, the following described parcel of land held in the Edward Hinson Trust No.1 will be offered in 2-parcels at public auction located at
2661 E. Shaffer Rd, Midland, MI
From US-10 @ Eastman Rd, go north approx. 7-miles to Shaffer, then west 3/4-mile.
Or, from M-30 @ Shaffer Rd near Hope, go east approx. 4-miles.
Thursday, August 25, 2016 at 6 PM
Food & refreshments served @ 5 PM auction day. Inspection & absentee bidding available through auctioneer.
Contact the auctioneer with questions (989)928-8092
144.8 +/- Acres, Section 29, Mills Township, Midladn County MI
By order of the Midland County Probate Court Judge, the following described parcel of land held in the Edward Hinson Trust No.1 will be offered in 2-parcels at public auction located at
2661 E. Shaffer Rd, Midland, MI
From US-10 @ Eastman Rd, go north approx. 7-miles to Shaffer, then west 3/4-mile.
Or, from M-30 @ Shaffer Rd near Hope, go east approx. 4-miles.
Thursday, August 25, 2016 at 6 PM
Food & refreshments served @ 5 PM auction day. Inspection & absentee bidding available through auctioneer.
Contact the auctioneer with questions (989)928-8092
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Parcel Highlights: * Parcel no. 130-029-300-011-00 Midland County * 144.8+/- total acres of which approximately 48-acres are tillable * Custom built 1300 sq ft, full log cabin home complete with good quality mechanical systems & home appliances * Approximately 92-acres of good hunting and/or recreational land with lots of deer and nice oak trees * Modern 40x64’ pole barn complete with concrete floor, 4-door systems, insulated & heated * 30x40 storage/livestock barn w/lean to * Quiet relatively rural location only a few miles from downtown Midland, US-10 & M-30, with 1320’ of Shaffer Rd frontage. City water at road Procedures & Terms: * To be offered in live auction format at aforementioned time, date & location on the farm * To be offered in two separate parcels A & B * Parcel A consist of approx. 140+/- acres of vacant farm & recreational land and will be offered first by the acre, (140) times the high bid * Parcel B consist of the log home, large pole barn & utility barn situated on approx. 5-acres, will be offered as described in its entirety * Parcel C will be offered as a combination of A & B if a predetermined reasonable bid increase is offered, at the auctioneer’s discretion. A survey will be preformed by seller’s agent if parcels are sold separately * An earnest money deposit in the amount of $10,000 per parcel in the form of cash, cashiers check, or pre-approved personal check will be required at the conclusion of the auction from the high bidders. Deposits & closing procedures are to be held at Land Title & Abstract 612 Adams, Bay City, MI. Deposits are non-refundable if high bidders fail to close transaction & will be retained by sellers in the form of liquidated damages. Make financial arrangements prior to the auction. * Closing within 45-days or additional time if required by seller. Sale is NOT contingent on ability to obtain financing. * Purchase agreements are to be completed auction day. * Bids are subject to probate court approval with current acceptability rate in excess of 95%. * Possession of property available immediately upon closing on each parcel * Seller to provide owners policy of title insurance in amount of selling price & survey if parcel is split * Taxes to be prorated to date of closing in accordance with Mills Township standard practices * Parcel is sold with all mineral rights currently held by sellers & is offered in an as-is condition with all faults evident or otherwise * Contact Auctioneers for information, inspection, or bidder’s packet Auctioneers Note: Inspection & absentee bidding available through auctioneer, don’t miss the opportunity to purchase this large tract of diverse multidimensional land and/or custom log home at your price. Terms: Cash or checks with proper I.D. day of sale. Nothing removed from premises until settled for. Everything sold as is-where is with no warranty said or implied.
Auctioneer & staff act as selling agents only & assume no liabilities or guarantees. |
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