Hammack Family Land Auction Offering 5 Tracts


  • , , , ,
  • Fri, Jun 9, 2023
  • 10:00 AM
  • Online only

Description :


224+/- Acres to be Offered in 5 Tracts, Quality Upland Farmland, Nice Home, Hunting, Ponds, CRP Income

Property has not been offered for sale, for more than 100-years

 

Auction Location: 
Online Only

Auction Timeline:
June 2, 2023 bid opening
June 9, 2023 bid closing begins at 10 AM
Review the terms of sale prior to bidding.

Closing at the Title Company:
July 28, 2023, Grand River Title, Bethany, MO

Viewing the Farm:
Interested parties are welcome to walk the farm. Please do not damage the CRP.

Viewing the House:
April 29, Open House, 1 – 3 PM
May 21,  Open House, 1 – 3 PM

Mark your calendar and plan to bid your price on this rare opportunity in Bethany, MO

I’m honored to represent the Hammack Family in offering their long time family farm and home of more than 100-years. This farm is a beaming example of ownership pride, which you’ll notice right-away when you walk the property.

Excellent upland farm with outstanding location in Harrison County, MO close to Bethany. Bidders will have the opportunity to bid their judgment and choose from 5 tracts, in multiple sizes, each offering something unique. Options include a nice home on a hard surface road, income from CRP, highly tillable quality upland farmland, several new home building sites, healthy stocked ponds, hunting, and much more.  Browse to each individual tract for full details.

 

Terms/Conditions :


Tract 2, CRP Contact 12406 has 21.89 Acres Enrolled, $3,284.00 Annually
The winning bidder will have the option of assuming this new CRP contract that expires 9/30/2032, or he or she can have the seller cancel the contract. If canceled, the seller will be responsible for any FSA penalties associated with canceling the CRP contract. If assumed, the 2023 CRP payment will be prorated between buyer/seller to time of closing. If canceled, the winning bidder will not receive any CRP payment.
Tract 2, CRP Contract 11052 has 4.20 Acres Enrolled, $683.00 Annually
The winning bidder will be required to assume this existing CRP contract that expires 9/30/2024. The 2023 CRP payment will be prorated between buyer/seller to time of closing.

Tract 3, CRP Contract 12406 has 27.67 Estimated Acres Enrolled, $3,956.53 Estimated Annually
The winning bidder will have the option of assuming this new CRP contract that expires 9/30/2032, or he or she can have the seller cancel the contract. If canceled, the seller will be responsible for any FSA penalties associated with canceling the CRP contract. If assumed, the 2023 CRP payment will be prorated between buyer/seller to time of closing. If canceled, the winning bidder will not receive any CRP payment.
Tract 3 Special Note:
* CRP payments and acreages have been manually estimated based on the boundaries of each parcel. These figures are thought to be accurate but are not exact. 

Tract 4, CRP Contract 12406 has 12.39 Estimated Acres Enrolled, $1,769.65 Estimated Annually
The winning bidder will have the option of assuming this new CRP contract that expires 9/30/2032, or he or she can have the seller cancel the contract. If canceled, the seller will be responsible for any FSA penalties associated with canceling the CRP contract. If assumed, the 2023 CRP payment will be prorated between buyer/seller to time of closing. If canceled, the winning bidder will not receive any CRP payment.
Tract 4 Special Note:
* CRP acres and payments have been manually estimated using the boundary of the tracts. This information is thought to be accurate but is not exact. 

Tract 5, CRP Contract 11050 has 107.50 Acres Enrolled, $17,736.00 Annually
The winning bidder will be required to assume the existing CRP contract that expires 9/30/2024. The 2023 CRP payment will be prorated between buyer/seller to time of closing.

This is an online only auction. Tracts will be offered individually, and auctioned in order as they are numbered beginning with tract 1, then 2, and so on. We will NOT offer an option to combine all tracts at the conclusion of the bidding. 

Online bidding opens June 2, 2023.
Online bidding ends June 9, 2023.
Each Tract will end with a soft close, meaning that a bid in the final minute will extend bidding by approximately 5 minutes.
Tract 1 will begin ending at approximately 10:00 am.
Tract 2 will begin ending at approximately 10:30 am.
Tract 3 will begin ending at approximately 11:00 am.
Tract 4 will begin ending at approximately 11:30 am.
Tract 5 will begin ending at approximately 12:00 noon.

The house and an estimated 4 to 5 acres, tract 1, is offered as is, where is, no warranties expressed or implied. If this tract sells by-itself, the seller will provide and pay for a legal boundary survey prior to closing. If the winning bidder of tract 1 also wins tract 2, a survey will not be required or provided. Three Seller Disclosures,  are made part of this contract, Water Well Sewage DisclosureLead Based Paint Disclosure, and Residential Property Disclosure (buyer & seller will be required to sign the disclosures).

Any personal property items on the farm or in the house, at time of closing, will become the property of the new owner. 

Bidding on tract 1 will be a total dollar amount.  Bids placed on tracts 2 – 5 will be on a per acre basis (your bid times the total acres). Bidders will be required to register and sign terms/conditions before bidding on the auction.

The successful high bidder, upon completion of the Real Estate Auction, must complete and sign a purchase agreement, and all seller disclosures provided by the seller, and render 10% of the purchase price (earnest money) as a non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance due at final closing.

United Country Property Solutions LLC must receive a signed copy of the contract (hand delivered, faxed, or scanned and emailed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid. The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.
This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such reason. Out of area personal checks must be with the approval of the Auction Company personnel. Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit. Sale is non-contingent; failure to close will result in forfeiture of the earnest money. Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids. The property is sold “As Is, Where Is” and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding. Sellers and/or the Auction Company do not guarantee acres. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to prospective buyer. Seller shall provide an Owner’s Policy of Title Insurance in the amount of the purchase price and shall execute a proper deed conveying the real estate to the buyer. New Owners will be granted possession of the property at time of closing. Sale shall include all mineral rights owned by the seller if any. Property is sold based on the legal description. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. Under no circumstances shall Bidder have any kind of claim against United Country Property Solutions LLC, Sellers, or any party if the Internet service fails to work correctly before or during the auction. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

Attachment :


Lots / Categories :


Real Estate Properties

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