Abbreviated Terms and Conditions:
Selling legal description – not acres – WITH NO CONTINGENCIES.
Bidding requires prequalification and bidder deposit.
Bidders acknowledge terms of lease that runs through 2025.
10% Buyer’s Premium will be added to the high bid to determine the final selling price.
Sale subject to Sellers’ confirmation.
10% earnest money due within two days of mutual acceptance of Purchase and Sale Agreement.
Cash and possession at closing - on or before November 17, 2020
Closing Agent: Theodore FS Rasmussen, PS, Tekoa WA
The buyer on the Purchase and Sale Agreement will be the same as the successful registered bidder. The Purchase and Sale Agreement will not be split between different buyers.
High bidder(s) agree to complete a signed Purchase and Sale Agreement no later than 2pm the day following the auction.