Patton Farm Auction

MAY 6, 2023 @ 10AM

Address: 3314 S. V HWY | Hume, MO 64752

Open House & Viewing: Thursday, April 20, 2023 | From 4pm-6pm
& Sunday, April 30, 2023 | From 1pm-3pm

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Property available for viewing by appointment only! Serious inquiries may contact our office at 417-667-7868 to schedule a viewing outside of the open house date. 10% down the day of sale.

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TERMS & CONDITIONS

Personal Property Terms: To register, a prospective buyer must provide name, residence address, phone number, and a valid driver’s license. By registering, a prospective bidder is acknowledging that he/she has read and agrees to be bound by the Terms and Conditions of Sale. All announcements made the day of the sale take precedence over pre-printed materials. Curtis & Sons is not responsible for accidents. All items offered for sale are sold “as is, where is” with all faults. Accepted methods of payment are cash, credit card and approved check. All credit card transactions will be accompanied by a 3.75% convenience fee. All returned checks will have a $30 fee plus collection charges. All items are to be removed by the end of the sale. Items must be paid for before they can be removed.

Real Property Terms & Conditions:   To register, a prospective bidder must provide name, residence address, phone number, and a valid driver’s license. By registering, a prospective bidder is acknowledging that he/she has read and agrees to be bound by the Terms and Conditions of Sale. The successful bidder must sign all documents & contracts upon the conclusion of the auction. A 10% non-refundable earnest money deposit will be required should successful bidding occur. Purchase will be accompanied by an additional 5% buyer’s premium or minimum $2,000 whichever is greater. Buyers must close within 30 days of the auction date. The entire purchase price must be paid at closing in the form of certified funds. All announcements made the day of sale take precedence over any prior written or verbal terms of sale. Taxes are to be pro-rated at closing. Seller will furnish an Owners Title Policy at Closing.

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ONLINE BIDDING TERMS

Notice: All bids are pending until you have been approved by Curtis & Sons, Inc. You will be notified of approval by an agent of Curtis & Sons, Inc. after completion of the following: (1) Create a HiBid profile. (2) Complete and Submit the Online Bidding Registration Form with Curtis & Sons, Inc.

Live Auction: The real estate auction will be conducted, in-person and online, live on Saturday, May 6, 2023 starting at 12pm CST. The property is located at 3314 S. V HWY, Hume, MO 64752. The property will sell by the whole to the highest bidder. Online bidding is available starting no later than March 15, 2023. Bids can be submitted in advance or live on the day of the auction. Interested persons can participate in online bidding from their computer or mobile device by logging on and registering at www.CurtisAndSonsRealty.com/Auctions or CurtisAndSonsRealty.HiBid.com. When you place a bid, you are acknowledging that you have read and agreed to the terms and conditions.

Registration: All online bidders must register with a valid credit card, name, residence address, phone number, and valid driver’s license to participate in the auction. Online bidding is available for those who cannot be present at the live auction, however it is not required that you bid online. Proof of verified funds or lender pre-approval is required. Online bidders will be able to place an advanced bid and/or bid along with the live crowd during the actual auction. Registration is required at least 48 hours prior to the date of auction. Once registration is approved, bidding privileges will be turned on. If you need assistance with registration, you may contact Amanda Bruce at 417.684.3399 or by email at amanda@curtisandsonsrealty.com.

Online: Curtis & Sons, Inc. and/or the Seller will not be held liable for any technical difficulties that may arise during the auction. As a registered online bidder, you are acknowledging that you understand that internet failure can occur. In the event of a technical glitch, Curtis & Sons, Inc. reserves the right to correct any technical or human error to amend any transactions before, during, or after the auction. Curtis & Sons, Inc. will give notice to bidders in the event of an error. Curtis & Sons, Inc. decisions are final.

Buyer Premium: A five percent (5%) buyer premium will be added to the high bid amount to determine the full purchase amount to be paid by the purchaser. The full purchase price for the real estate is defined as the sum of the final bid amount acknowledged and accepted by the seller, plus the five percent (5%) Buyer Premium amount which will be added to the high bid amount.
Example: High bid amount of $900,000 plus a 5 percent buyer premium of $45,000 making the purchase price $945,000.

Contract: If an online bidder is the successful high bidder at the conclusion of the auction, the Real Estate Contract will be e-mailed to the successful bidder at the conclusion of the auction. The successful online bidder must electronically execute or manually fill out the Real Estate Contract and e-mail back to Curtis & Sons, Inc. no later than 5:00 PM CST the day of the Auction. If there are any discrepancies between these terms and conditions and the Real Estate Contract, the Real Estate Contract shall prevail.

Deposit: If an online bidder is the successful high bidder, (a) they may be subject to a non-refundable credit card hold in the amount of their per acre bid (Example: if you bid $900,000 you card may be charged $9,000 at the time of auction close). (b) they must deliver a minimum amount equal to 10% of the purchase price (inclusive of the buyer premium) to Bowman Vernon County Title by wire transfer or cashier’s check no later than close of business Monday, May 8, 2023. Online high bidder should contact Bowman Vernon County Title at 417-667-7565 for wiring instructions. Delivery of the cashier’s check may be made by that date between 8:00 AM & 5:00 PM to the offices of Bowman Vernon County Title which are located at 119 E. Walnut St Nevada, MO 64772. Winning online bidders whose documents and deposits are not received within the required timeframe are subject to having their bids removed and the property offered to the backup bidder.

Closing/Possession/Taxes: Closing shall take place on or before and no later than June 5, 2023. The closing shall be conducted by Bowman Vernon County Title of Nevada, MO. Buyer is responsible for their portion of closing cost. The entire purchase price must be paid at closing in the form of certified funds. Buyer will receive possession as of the date of closing/funding. Any items in buildings and on property as of the closing date/funding shall become property of the Buyer. The real estate taxes will be prorated to the date of closing. Seller will furnish an Owners Title Policy at Closing.

Minerals: All mineral rights owned by the seller (if any) shall transfer with the surface.

Agency: Curtis & Sons, Inc. is acting as an agent for the seller. Curtis & Sons, Inc. reserves the right to remover or cancel the bids and or bidding rights and privileges of any part, deemed not to be in the best interest of the seller. Curtis & Sons, Inc. or sellers may cancel the auction at their sole discretion any time prior to the execution of the Real Estate Contract.

Seller Approval: This sale is contingent on the seller approval. The seller reserves the right to refuse or accept the final bid.

Disclaimer: This real estate is being sold “AS IS, WHERE IS” with no contingencies. This auction is not contingent on or subject to the purchaser being able to obtain financing. Bidders must do all of their due diligence prior to the end of the bidding process. The auction isn’t over until the auctioneer announces the completion of the auction. There may be a brief recess to confer with the owner/seller to confirm the bid price. All information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All announcements made the day of sale take precedence over any prior written or verbal terms of sale.

Curtis & Sons, Inc. | 121 S. Main St. Nevada, MO 64772 | 417-667-7868 | www.CurtisAndSonsRealty.com

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Curtis & Sons, Inc. is licensed in Missouri & Kansas.

121 S. Main St. Nevada, MO 64772

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Cooperative compensation available for Real Estate Agents.

For information, details, and requirements contact Amanda Bruce, Auction Manger, at 417.684.3399, or Vanessa Leisure, Missouri & Kansas Licensed Agent, at 913.406.6380.

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