150.96 FSA Cropland Acres. Borders Elder Rd on the NW. Borders Rew Rd on the east. Currently seeded to Timothy hay.
ABBREVIATED TERMS AND CONDITIONS
Selling legal description – not acres – WITH NO CONTINGENCIES.
Bidding requires “Proof of Ability to Close” (letter from lender or financial institution); cashier’s check for bidder deposit made payable to closing agent; approved bidder registration through booker2bid.com.
10% Buyer’s Premium will be added to the high bid to determine the final selling price.
Sale subject to Sellers’ confirmation.
Successful internet bidders agree to complete and return a Purchase and Sale Agreement within 24 hours of close of auction.
10% earnest money due within two days of mutual acceptance of Purchase and Sale Agreement.
Cash at closing.
Five parcels in three locations. Offered at auction (online only) individually or in any combination. Cropland with some timber. Close proximity to Lake Coeur d’Alene. One mile north of the Coeur d’Alene Casino and Circling Raven Golf Course. One mile west of “Fightin’ Creek.” Highway 95 frontage and Elder Road access.
*UPDATE/CORRECTION (10/7/2020) - The FSA map erroneously shows 12.86 acres in the NE corner of Parcel 4 that is NOT part of the legal description that is being offered in this sale. This did not change the 124.01 FSA cropland acres but does reduce the farmland acres to 3.76 for a total of 127.77 FSA acres.
Bidder deposits: Parcel 1-$5,000, Parcel 2-$2,500, Parcel 3- $2,500, Parcel 4-$3,000, Parcel 5-$3,500 via cashier’s check payable to Theodore F.S. Rasmussen, PS, Trust Account.
Click on the INFO tab then DOCUMENTS to see more property details, maps, FSA info, draft Purchase and Sale Agreement, etc
Listed by C.D. "Butch" Booker, Broker/Auctioneer, Licensed in Idaho 509-989-2855
Seller: Scenic Vista Corp. (The Estate of Paul Stearns)