LARGE IOWA & MISSOURI LAND AUCTION
Tuesday, September 18, 2012 at 1:02 P.M.
Bedford, Iowa
Auction will be held at the Taylor County Fairgrounds, Bedford, IA
2,355 Acres+ M/L - Selling in 18 Tracts!!
All Land is Selling Positively to the Highest Bidder!!
No Minimums or Reserves!!
All Land Is Selling To The Highest Bidder Without Any Reserves Or Minimums!!
**Bidder registration will begin at 11 am - Drivers License is required
**All Richard Auction sales are "As Is, Where Is" which means they are sold without any contingencies, including inspections and financing. With this in mind, you should have your financing lined up before you bid.
**Unless otherwise stated, all of our sales close within 30 days.
**20% down payment is due the day of sale in the form of a cashier's or personal check.
**The successful bidder will sign a purchase agreement at the auction site immediately following the close of bidding.
**Each FARM will be offered "Choice with the Privilege" -
What does "Buyer's Choice" mean?
In this method of auction, bidders compete for "the right to choose first" from the FARM Tracts being offered. The high bidder may choose one, some or all of the Tracts within that FARM. If the high bidder chooses multiple tracts, then the high bid is multiplied by the number of acres in each Tract that the high bidder chose. If the high bidder takes less than all of the Tracts, then the bidding begins again and the next high bidder now wins the right to choose first.
** Auction Order-
Farm #1: Tracts 1-6 will be offered first. Until all Tracts of Farm #1 are purchased.
Farm #2: Tract 7 will be offered next.
Farm #3: Tracts 8-12 will be offered next until all Tracts of Farm #3 are purchased.
Farm #4: Tract 13 will be offered next.
Farm #5: Tracts 14-18 will be offered next until all Tracts of Farm #5 are purchased.
**Tracts will NOT be recombined. Once the auctioneer says "sold" it is "sold"
**The final multiplier of acres will be determined by the completed surveyed acres.
View http://www.richardauction.com/ for more information!