Name 11/11 40 +/- Ac. | Highly Productive Major County, OK Farm
Auctioneer Wiggins Auctioneers, LLC
Type Live Webcast Auction
Date(s) 11/11/2021
Thursday - November 11, 2021 - 10:00 a.m.
Preview Date/Time During Daylight Hours
Checkout Date/Time See Terms.
Location Ringwood Community Center, Main St.
Ringwood, OK 73768
Buyer Premium 5% Online Buyer's Premium
Description
40 +/- Acres | Highly Productive Major County Farm | Meno Area AUCTION Thursday - November 11, 2021 - 10:00 a.m. Auction Location: Ringwood Community Center, Main St., Ringwood, OK 73768 Land Location: From the E. edge of Meno, OK along U.S 412, 3/8 mile N. on NS 271 (N. Meno Ave.) to the SE corner of the property - Outstanding opportunity to purchase quality Major County farm - According to the F.S.A., there are 38.09 acres of cropland with a full wheat base & 36 bu./ac. yield - Principle soil types of the cropland are Pond Creek silt loam, Class I & Lovedale fine sandy loam, Class II - Great potential to produce high yields from any crop adaptable to the area - Access by good rocked road, less than ½ mile from US 412 - Legal: N/2 N/2 SE/4 8-22N-R9W General Statements - Taxes: 2020 taxes were approx. $135.00. Taxes will be prorated to day of closing. - Minerals: do not sell. - Crop: does not sell. - Possession: at closing, subject to the existing ag lease which expires upon completion of harvest of the 2021-2022 grain crop or July 1, 2021, whichever is later. - Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. - Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Jeff Crissup, Auction Manager, at (580) 541-9246 for any additional information you may need. Visit www.wigginsauctioneers.com for details, term, photos, & online bidding! Seller: Sharon Maul
Auction Terms & Conditions 1. I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 2.50 USD
100.01 - 250.00 5.00 USD
250.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,500.00 50.00 USD
2,500.01 - 5,000.00 100.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 25,000.00 500.00 USD
25,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Online Buyer's Premium
Payment Terms
See Terms.