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BADOUR FARMS TRUST – 5 PARCEL – 265 +/- ACRES – ONLINE ONLY FARMLAND AUCTION – CLOSES NOVEMBER 24TH @7PM

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BADOUR FARMS TRUST


– 5 PARCEL – 265 +/- ACRES –

ONLINE ONLY FARMLAND AUCTION

CLOSES NOVEMBER 24TH @7PM


PRELIMINARY LISTING
265.95 +/- Acres
Located in Merritt, Hampton & Portsmouth Townships, Bay County, MI
Offered in 5-Parcels

     


Parcel 1    #090-011-400-850-00

799 s. Bowker Road, Merritt Twp., Munger, MI

  • (70) +/- Acres, Tiled Farmland
  • Farmhouse, Attached Garage
  • Detached 28’x50’ Block Garage
  • 50’x80’ Hip Roof Style Barn w/concrete Floor
  • 60’x100’ Morton Barn w/concrete Floor

Parcel 2      #130-041-400-010-00
S.W. Corner N. Knight & W. Halstead Road, Portsmouth Twp., Bay County, MI

  • (40) +/- Acres Tiled Farmland
  • 40’x60’ Pole Building
  • 50’x80’ Hip Roof style Barn

Parcel 3      #090-002-100-030-00
S.E. Corner S. Nolet & E. Cass Road, Sect. 2, Merritt Twp., Bay County, MI

  • (36.48) +/_Acres Tiled Farmland

Parcel 4      #070-062-300-025-00
E. Cass Ave. Road, Munger, MI, Hampton, Twp. Between Bowker & N. Nolet Roads, Bay County, MI

  • (50.97) +/- Tiled Farmland

Parcel 5      #  070-062-300-045-00
N. Nolet Road @ E. Cass Ave. Munger, MI, Hampton Twp., Bay County, MI

  • (68.5) +/- Acres Tiled Farmland
  • 30’x40′ Pole Barn w/ concrete

Auctioneers’ Note:

 Parcel 1: Sold by the acre plus $175,000 to allow for valuation of house & buildings

Parcel 2: Sold by the acre plus $65,000. To allow for valuation of barns

Parcel 3: Sold by the acre plus $30,000. To allow for the evaluation of barn

Parcel 4 & 5: Sold by the acre

SUBJECT TO CHANGE


TERMS OF SALE:

* A $10,000 Earnest money deposit in the form of cash or cashier check to: Wegner Auctioneers is required from successful bidder per parcel purchased.

* If buyer / buyers fail to close on property through no fault of seller / trust representative retain earnest money deposits in the form of liquated damages. (50/50)

* SURVEY PENDING

* Taxes prorated in advance. The buyer is responsible for taxes from date of close, as per Bay County customs.

*  A 3% buyers premium will be applied to all final bids.

* Trust representative has the right to accept or reject any or all bids and or bidders.

* Closing to be conducted at Superior Title Co. 3941 Traxler Ct. Bay City, MI 48706

* Real Estate closing within 45 days of auction close, unless current Federal Government shutdown causes Financial program processing delays.

* Sellers to provide owners policy of title Insurance and transfer tax fees paid upon closing. Nominal deed prep fees split 50/50. Purchasers responsible for their closing cost incurred throughout closing / procedure. Properties sold free & clear of any / all existing liens.

* Although all information provided has been gathered through professional sources and has been deemed reliable – neither auctioneers or trust representatives can guarantee their correctness.

* All parcels sold in AS-IS conditions with any & all faults evident or latent.

* Inspect Farmland during daylight hours at your leisure. Contact auctioneer for inspection of house & buildings.

 

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