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Date(s) 8/30/2022 - 10/4/2022
Bidding Notice: THIS IS ABSENTEE BIDDING, THERE WILL BE A LIVE AUCTION. YOU CAN BE OUT BID AT THE LIVE AUCTION. IF YOU DO NOT UNDERSTAND HOW THIS WORKS CALL THE AUCTIONEER. Reno County Land Auction 80 acres +/- with monthly income from current oil production. Nice example of good tillable land with easy access. Absentee bidding will be online. The LIVE Auction will be at The Barn RESTAURANT in Burrton on June 30th 2022 at 2:00 pm Non refundable earnest money will be collected after the Auction, earnest money will be 10% of the purchase price. Closing will be in 30 days or less after the Auction. Closing costs to be split between Buyer & Seller, Seller responsible for property taxes up to day of closing. The land is currently leased, the lease will expire on 12/31/2022. Details of the lease will be provided on Auction day. The Absentee bidding will begin ending at 12:00 p.m. on jUNE 29th. The Auction is set up with a "soft close", if a bid is placed in the last minute or less the bidding will extend another 5 minutes. The Real Estate is being offered in its present, existing condition with no warranty/guarantee of any kind, potential Buyers are encouraged to do any/all inspections prior to bidding. Sale not contingent upon Buyer obtaining financing prior to bidding or presenting any offers. We will have private showings by appointment. A 10% Buyer Premium will be added to the final accepted bid price. We will collect nonrefundable Earnest Money in the amount of 10% of final bid. Closing to occur in 30 days or less after purchase contract has been signed, possession at closing. Please call Auctioneer/Listing Agent with any/all questions prior to bidding. Auction Company is not responsible in any way for problems with internet connection or problems with the bidding platform. Winning Bidder will be contacted after Auction ends. Purchase contract will be presented to winning bidder to be signed & non refundable earnest money will be collected. NOTE: CURRENT OIL PRODUCTION IS JUST THAT, CURRENT PRODUCTION. AUCTION COMPANY IN NO WAY CAN GUARANTEE WHAT THE FUTURE HOLDS FOR PRODUCTION.

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