Stewart Family Farm presents a prime opportunity with the auction of an 80.455-acre +/- tract in Cass County. This sought-after farm boasts nearly 100% tillable dryland, featuring terracing, tiles, and excellent soils. Whether you're looking to expand your current farming operation or exploring investment possibilities with potential development prospects, this property fits the bill. Conveniently situated just south of Elmwood off Highway 1, the location offers stunning views and is strategically positioned between the Lincoln and Omaha metros. Rarely will you find a farm of this caliber – meticulously maintained, strategically located, and teeming with possibilities! Mark your calendars for the auction on March 19, 2024, at 1:00 PM, hosted at the Fire Hall in Elmwood, NE. Online bidding options will also be available. Don't miss out on this exceptional opportunity!
Listing provided by BJ Burrows, REALTOR® & Broker, Burrows Tracts Real Estate and Clay Schaardt, Auctioneer & REALTOR®, Schaardt Auction Team with Burrows Tracts Real Estate
Terms and Conditions:
PROCEDURE: This Cass County property will be offered in 1
individual tract totaling 80 acres +/-, total acres will be posted before sale day pending a legal survey.The auction will be
conducted in a live auction format with online bidding available
through bid.schaardtauction.com. Schaardt Auction Service is acting
only as a 3rd party software provider for this auction. This will be a per
acre bid, meaning your bid amount will be taken times the acre.
DOWN PAYMENT: A non-refundable 10% down payment is required
on the day of auction. The down payment may be made in the form
of cashier’s check, personal check or corporate check. The 10%
down payment is to be payable to Stewart Title and held in escrow by
Stewart Title until closing. This sale is not contingent upon financing.
ACCEPTANCE OF BID PRICE: This will be an auction with reserve.
This means the property will sell subject to seller’s confirmation of the
final bid price. If the seller accepts the final bid price, the successful
bidder will be required to enter into a Purchase Agreement at the
auction site immediately following the close of the auction. The
purchaser will also be required to deposit their earnest money at the
conclusion of the auction.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance
policy in the amount of the purchase price. Title insurance will be
split 50/50 between buyer and seller. Any lender’s policy will be paid
for by the buyer.
DEED: Seller agrees to convey to buyer by warranty deed with title
free and clear.
CLOSING: The property can be closed any reasonable time after the
auction, but must be closed no later than 30 days after the auction.
POSSESSION: Full possession will be given immediately upon closing.
REAL ESTATE TAXES: Taxes will be prorated at the day of
closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for
conducting, at their own risk, their own independent inspections,
investigations, inquiries and due diligence concerning the property.
Seller disclaims any and all responsibility for Bidder’s safety during any
physical inspection of the property.
ACREAGE: All acreage totals, dimensions, and proposed boundaries
are approximate and have been estimated based on current legal
description, FSA maps, and/or current county records.
AGENCY: Burrows Tracts Real Estate and its representatives are
agents of the Seller, all buyer’s will be unrepresented.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information
contained in this brochure and all related materials are subject to
the terms and conditions outlined in the Purchase Agreement.
The property is being sold on an “AS IS, WHERE IS” basis, and no
warranty or representation, either expressed or implied, concerning
the property is made by the Seller or Burrows Tracts Real Estate.
Each potential bidder is responsible for conducting his or her own
independent inspections, investigations, inquiries and due diligence
concerning the property. The information contained in this brochure
is subject to verification by all parties relying on it. No liability for its
accuracy, errors or omissions is assumed by the Seller or Burrows
Tracts Real Estate. Conduct of the auction and increments of bidding
are at the direction and discretion of the Auctioneer. The Seller and
Selling Agents reserve the right to preclude any person from bidding
if there is any question as to the person’s credentials, fitness, etc. All
decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE
PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL
STATEMENTS MADE.
