Real Estate Online Only Auction
116 +/- Acre Ohio Cropland Auction
Thursday, March 2nd, 2023 @ 6 P.M.
ONLINE ONLY AUCTION
Republic, OH ~ Scipio Township ~ Seneca County
Farm Location: Approximately 2 miles southeast of Republic, Ohio.
This property offers an opportunity to purchase well cared for, productive cropland. Both tracts have been farmed by good stewards and would make a great addition to your land investment portfolio.
This farm will be offered in two parcels and/or any combination desired. All bidding will be online. Sells subject to sellers confirmation.
Directions: Tract 1: 1 Mile South of Republic on SR 19 then east on TR 8.
Tract 2: 2 Miles South of Republic on SR then east on TR 106.
Bidding begins closing March 2nd @ 6 P.M. Sharp - Online Only @ wmsohio.com. Please be preregistered & ready to bid in advance of auction closing date. Contact WMS for bidding assistance and phone bids before auction closing date. 419-294-4366
Tract 1: 77.75 +/- Acres w/Approx. 64 acres tillable, 1.92 acres in CRP, 8.82 acres in woodland with the remaining acreage being right of way / wasteland. Frontage on Township Road 106.
Tract 2: 38.38 +/- Acres w/Approx. 36.6 acres tillable with the remaining acreage being right of way / wasteland. Frontage on Township Road 8.
Onsite Inspection w/WMS Staff: Mon. February 27th (4-5PM) or Private Showings Available Upon Request @ 419-294-4366
TERMS: Farm selling subject to sellers confirmation after online bidding is completed. A non-refundable down payment of 5% will be due within 48 hours per tract with cash or check, balance due at closing within 60 days. Immediate possession for 2023 farming rights with proof of funds. A 3% buyers premium will be added to the high bid to determine final purchase price. Complete terms and conditions available in bidders packet @ wmsohio.com.
*** Updated: March 2, 2023 @ 3:57p.m. - Seller is currently receiving $500.00 annually for the wind lease easement.
Owner: Donald T. Depinet
Kristy Gottfried, Auctioneer
WMS Marketing Services
1400 E. Wyandot Ave., Upper Sandusky, OH
Ph: 419-294-4366 - kristy@wmsohio.com
SALE SUBJECT TO SELLER(S) CONFIRMATION
PROCEDURE: Online Only Auction. Open bidding will be available until 6:00 PM EST Thursday, March 2, 2023, subject to bid extensions.
NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding.
ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances.
REAL ESTATE TAXES: Pro-rated to the day of closing.
SURVEY: Survey will be provided by the seller if required by the county to transfer.
CONTRACT AND DOWN PAYMENT: Farm selling subject to sellers confirmation after online bidding is completed. A non-refundable down payment of 5% will be due within 48 hours per tract with cash or check, balance due at closing withing 60 days. Immediate possession for 2023 farming rights with proof of funds. A 3% buyers premium will be added to the high bid to determine final purchase price. Down payment check to be made payable to WMS Marketing Services Real Estate Trust Account. The balance of the contract purchase price is due at closing.
TITLE: Transferable
CLOSING: Within 60 days.
POSSESSION: Possession at closing.
AGENCY: WMS Marketing Services & WMS Auction Services are the Agent and Representative of the Seller.
The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or WMS Marketing Services. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or WMS Marketing Services / WMS Auction Services pertaining to this property. Real estate is being sold "As Is, Where Is".
AUCTIONEER: Kristy Gottfried, OH License # 2022000264; Phone: 419-294-4366; Email: kristy@wmsohio.com