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Gingrich Trust
Real Estate Auction 75 +/- Acres Farmland - Section 9, Tittabawassee Twp., Freeland MI Approximately 70– workable acres, flat, fertile productive farmland consisting of 100% Tappan-Londo-Poseyville soils Sale held at the farm 9215 Webster Road, Freeland Thursday, May 17 @ 6 p.m. 1-mile north of Freeland Road, - near Freeland Bean & Grain Information Session & Refreshments @ 5 p.m. Contact auctioneer for additional information & terms Terms & Conditions:
· Property to be surveyed and sold by the acre at Auctioneers bid increment discretion a 2% buyers premium applies to this sale. · An earnest money deposit of $10,000 is required at the conclusion of the auction and will be retained until closing, and credited to the buyer. · Sale is not contingent on inspection or ability to obtain financing. Deposit to be retained by seller in the form of liquidated damages if seller is unable to close. · 2017 S.E.V. of $213,400 is not applicable as values reflect home & buildings not included in this sale. · All mineral rights currently held on record by the owners to be conveyed to buyers · Possession of farmland at date of close. Or, by mutual agreement for farming purposes through sellers. (You may farm the following day if bid is accepted.) · Trust representative retains right to accept or reject any or all bids, but auction process has resulted in an excess of 95% successful sales rate - come prepared to buy. · Sellers to provide owners policy of title insurance in the amount of selling price. · Fresh survey provided at owners expense · Property is currently zoned A-1 agricultural. Inspect land at your convenience · Time is of the essence and closing to be scheduled within 30-days, or as soon as all paperwork is ready. Closing to be held at Land Title & Abstract, 612 Adams Street, Bay City MI. Make financial arrangements prior to auction. · Bid in person, absentee, or by phone. Contact auctioneer for details & bidders packet (989)928-8092 |
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