Brown Yuma Cty Pasture Land Auction

Yuma County, CO 960 Acres

Overview

Overview

This property is sold

The Brown family is offering their 960+/- acres of Colorado pasture land for sale at auction.  Located 15 miles south and 2 miles east of Yuma, CO in Yuma, County. Possession upon closing. Perimeter is fenced. Submersible well and tank provides livestock water. Seller to convey owned mineral rights to Buyer(s).

Property Type(s)

Location

  • Yuma County, CO
View Map

Quick Facts

  • Brown (Yuma Cty) Pasture Land Auction w/Reserve
  • 960+/- acres pasture
  • Yuma County, Colorado
  • ONLINE ONLY AUCTION
  • Bidding begins: October 30, 2018 @ 8:00 am, MT; Bidding closes: November 1, 2018 @ 12:00 noon, MT
  • From Yuma, CO, 15 mi S, 2 mi
  • Possession upon closing
  • Seller to convey owned mineral rights to Buyer(s)
  • L/S well & tank
  • AUCTION BID CLOSING
  • Watch and/or submit bids at the Bid Closing
  • Thursday, November 1, 2018 from 10 am - Noon, MT; Quintech, Yuma, CO

Property Details

Property Details

This property is sold Color Brochure

Pasture

960+/- acres; Legal: All of 8 & S1/2 of 9, T2S, R47W, Yuma County, CO; Location: From Yuma, CO, 15 mi S on Hwy #59 to CR 23, 2 mi E on CR 23 to NW corner of property; Perimeter fenced; Submersible well & tank provides L/S water; R/E Taxes: $579.04. Starting bid: $430,000

Bidder Requirements

Requirements for Buyer(s) to be approved to bid online: 1.) Review and agree to the terms and conditions of the detail brochure; 2.) Provide Reck Agri Realty & Auction verification of available funds to purchase the property and/or bank loan approval letter with no contingencies; and 3.) Sign and return to Reck Agri Realty & Auction the Bidder Approval Request form. Reck Agri Realty & Auction reserves the right to refuse registration to bid and/or bids from any bidder. Bidding increments are at the discretion of the Broker. Detail Brochure may be obtained by visiting the “BROWN (YUMA COUNTY) PASTURE LAND AUCTION” property page at www.reckagri.com or by calling Reck Agri Realty & Auction.

Sale Terms/Procedure

The “BROWN (YUMA COUNTY) PASTURE LAND AUCTION” is an online only auction with RESERVE.  The Brown property to be offered as one parcel. Competitive bids will determine the outcome of the auction. Seller reserves the right to accept or reject any and all bids. Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.

Signing of Purchase Contract

Immediately following the closing of the auction, the highest bidder(s) will sign Brokerage Disclosure and will enter into and sign a Contract to Buy and Sell Real Estate (Land) for the amount of the bid. Required earnest money deposit to be in the form of a personal, business, or corporate check for 15% of the purchase price which is due upon the signing of the contract and to be deposited with Reck Agri Realty & Auction. Purchase contract will not be contingent upon financing. Terms and conditions of the detail brochure and announcements shall be incorporated and made a part of the contract. Sample contract is available within the detail brochure.

Closing

Buyer(s) shall pay in electronic transfer funds or cashier’s check (Good Funds), the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before November 30, 2018. Closing to be conducted by Yuma County Abstract and the closing service fee to be split 50-50 between Seller and Buyer(s).

Title

Seller to pass title by Warranty Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). The Buyer(s) to receive a TBD title commitment within detail brochure, updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner’s title insurance policy in an amount equal to the Purchase Price after closing. Property to be sold subject to existing roads and highways; established easements and rights-of-way; prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review within the detail brochure and at the auction and title commitment and exceptions will be incorporated and made a part of the Contract to Buy and Sell Real Estate (Land).

Possession

Upon closing

Property Condition

The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.

Real Estate Taxes

2018 real estate taxes due in 2019, to be paid by Seller. 2019 real estate taxes due in 2020, and thereafter to be paid by Buyer(s).

Legal Description

Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any.

Minerals

Seller to convey all OWNED mineral rights to Buyer(s).

Acreages

All stated acreages in the initial brochure and detail brochure are approximate and are obtained from aerial photos from the FSA office. The county tax records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and/or published at the auction.

Announcements

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. Property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Transactional Broker. Reck Agri Realty & Auction does not offer broker participation for the “BROWN (YUMA COUNTY) PASTURE LAND AUCTION”. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidding increments are at the discretion of the Broker.