Name 10/19 120 +/- Ac. | Timber, Grass, CRP | Hunting | Major Co.
Auctioneer Wiggins Auctioneers, LLC
Type Live Webcast Auction
Date(s) 10/19/2022
LIVE w/ONLINE BIDDING Wednesday - October 19, 2022 - 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
120 +/- Acres | 50 +/- Acres of Native Blackjack Timber | Bal. in Grass (CRP) | Abundant Pop. of White Tail Deer, Rio Grande Turkey & Predators | Beautiful, Rural Home Site | 20 +/- Minutes from Enid & Fairview | 2 Miles from US 412 & 1 Mile from Blktp Rd. Ringwood Area, Major Co., OK AUCTION Wednesday October 19, 2022 10:00 a.m. Auction Location: Ringwood Community Center, Main St., Ringwood, OK Land Location: From the Jct. of US 412 & SH 58 (Ringwood Jct.), 2 miles W. on US 412, then 2 miles N. on Co. Rd. 264 - Excellent Farm for Recreation and Livestock Production - Outstanding Rural Home/Cabin/Barndo/Executive Home Site - Native Grass - 49.39 +/- Acres of Beautiful Native Blackjack Timber - Abundant Wildlife Population for Hunting & Outdoor Recreation - 64.10 +/- Acres of Former Cropland are Currently Enrolled in CRP w/ an Annual Payment of $2,106.00/year, Contract expires Sept. of 2031 - Perimeter Fence - Shelter & Grazing for Livestock - Good Rocked Road Access just a Mile from Blacktop - Ringwood School District - Be Sure to Take a Look! Legal Description: W/2 SE/4 & SE/4 SE/4 of Sec. 31, Twp. 23N, R10 W., Major Co., OK '21 Taxes: were approx. $170.00. '22 taxes will be prorated to the day of closing. Possession: Possession is to be given upon payment in full of the purchase price and transfer of title, at closing, subject to the existing hunting lease which expires at the end of October, 2022; and subject to the existing CRP contract which expires end of Sept. 30, 2031. Buyer agrees to assume and complete the C.R.P. contract as described above and will be solely liable for any penalties or payback for failing to do so. Seller shall retain all CRP payments due and payable for the contract year ending September 30, 2022, and all prior payments. Buyer shall be entitled to all payments for the contract year ending September 30, 2023, and any future payments. Minerals: Do not sell. 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 Perry Wiggins & Lynsie Sturgeon, Auction Managers, at 580.541.7942/580.554.2633 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Seller: The Lawrence H. Brittain Trust
Auction Terms & Conditions 1. I acknowledge that I have viewed or 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. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 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.