9/21/18 North Loup Land Auction-Valley County Nebraska

Ruhter Auction & Realty Inc.

 

Date(s) 8/20/2018 - 9/20/2018

Friday, September 21 2:00 P.M. CST

Past Auction
Bidding Notice:

This is a simulcast auction. Bidding can take place online or at the live auction. DO NOT WAIT until the last day to register for this auction. You may lose out on bidding if there are any complications with the system. You can register and then wait to place a bid but it is very important to get registered as soon as possible. Maximum bids are encouraged that allows the computer to bid on your ... Show More

Auction Notice:

No buyer premium. Pre-bidding online is encouraged. The live auction starts at 2:00 p.m CST on 9/21/18.

Auction Information
Name 9/21/18 North Loup Land Auction-Valley County Nebraska
Auctioneer
Type Live Webcast Auction
Date(s) 8/20/2018 - 9/20/2018
Auction Date/Time Info
Friday, September 21 2:00 P.M. CST
Preview Date/Time Call for a personal tour of the property before sale day!
Checkout Date/Time Friday, September 21 2:30 P.M CST
Location
Buyer Premium No Buyer Premium
Description
151 Acres Valley County Nebraska Land North Loup Pivot Irrigated & Recreation LAND AUCTION Friday, September 21, 2018, 2:00 p.m. North Loup Community Center 112 S. B Street North Loup, Nebraska This amazing property offers North Loup River Frontage and a spring fed stream providing amazing habitat for waterfowl, upland birds and other wildlife. There are also about 120 acres of very productive farmland including 100 certified irrigated acres providing an excellent source of income. For the row crop producer or investor looking for a place to play this is the perfect property for you! Property Location: From North Loup go 3 miles north on Hwy 11 then ¼ east on 808 Road. Legal Description: The Southeast Quarter (SE ¼) west of the river in Section Eleven (11), Township Eighteen North (T18N), Range Thirteen West (R13W) of the 6th P.M. Valley County, Nebraska 151 acres more or less. Description: It is very rare that a property like this becomes available. There are 2 center pivots on the property providing water to the 100 certified irrigated acres. The water source is the North Loup River Public Power. There is also a submersible well for livestock water on the property. River frontage, excellent hunting and high-quality pivot irrigated farmland all in one property! Taxes: $8,383.38 (2017 Estimated) Terms: A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before October 22, 2018 by cash, certified funds or a direct wire transfer to the closing agent. The 2017 and all prior taxes will be paid by the sellers. The buyer will receive a credit of $8,383.38 at closing for the estimated 2018 taxes. Title insurance will be split equally between the buyer and the seller. All equipment and improvements sell in "as is" condition. Possession: The buyer will receive immediate possession of all hunting rights upon the earnest money deposit subject to the protection of the growing crops. The seller will receive full possession of the 2018 crop. Full possession for the 2019 crop year will be granted to the buyer. A PIP (Property Information Packet) will be available by contacting Ruhter Auction & Realty, Inc. The PIP includes possession, full terms, taxes, aerial mapping, soils and topography maps, FSA information, etc. Disclaimer: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing. Ruhter Auction & Realty, Inc. is acting as the agent for the sellers.
Terms & Conditions. By placing a bid, bidder acknowledges that they have read and accepts all terms and conditions. It is the responsibility of the buyer to understand all terms and conditions prior to bidding! Bidding: The property will sell as one tract. Bids will be recognized in the order received. In the event of a tie bid between an internet bidder and a bidder on the floor, the bid on the floor will be given priority. Internet connections may be delayed or unreliable as the sole source of communicating a bid to the Auctioneer. Neither the Seller nor Ruhter Auction & Realty, Inc. shall bear any responsibility for internet connections or delayed bidding. INTERNET BIDDERS - Please register to bid online at least 24 hours prior to Auction day. Late registrations shall be accepted at the discretion of Ruhter Auction & Realty, Inc. Online Bidders will be required to speak with a company representative in order to complete the bidding approval process. A bank approval letter of funds will be required before any bidding is allowed. By placing a bid you are entering into a contractual agreement with the seller to purchase the real estate should you be the highest bidder. Failure to follow through with your role in the transaction will result in negative consequences up to and including legal action to recoup damages caused to seller due to breach of contract. This is a simulcast auction, bidding can take place online or at the live auction. Property sold "As Is, Where Is," with no warranty or guarantees, expressed or implied, by the seller or Ruhter Auction & Realty, Inc. Bidders accept the property "WITH ALL FAULTS", whether or not immediately apparent. It is strongly recommended that bidders inspect the property before placing a bid. Auction Software and Ruhter Auction & Realty, Inc. will not be held liable for any software or software malfunctions. Winning bidder will be notified of acceptance of the high bid immediately after the auction is closed. Successful bidder will then be required to enter into a standard purchase agreement with the Seller. A 20% earnest money deposit of sale price will be required within 24 hours that is non-refundable if buyer fails to close. The remaining balance will be due at closing and presentation of merchantable title by seller on or before 30 days from acceptance. Real Estate Taxes will be pro-rated to the day of closing. Title insurance will be split equally between buyer and seller. Property sold "As-Is Where-Is condition. POSSESSION: The buyer will receive immediate possession of all hunting rights upon the earnest money deposit subject to the protection of the growing crops. The seller will receive full possession of the 2018 crop. Full possession for the 2019 crop year will be granted to the buyer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 9,750.00 250.00 USD
9,750.01 - 100,000.00 100.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer Premium
Payment Terms
20% down day of auction balance due upon closing, not to exceed 30 days. Title insurance & closing cost split 50%/ 50%buyer-seller. Property sells subject to easements, restrictions and covenants, if any of record.
NA
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.