Tract 1: 9+/- acres with beautiful 1,929 sq. ft. 2-story, Cape Cod-style brick home. 5 bedrooms 2.5 bathrooms, walk out unfinished basement. Hardwood floors, custom panel doors, and birch trim. New roof and vinyl windows in 1997. Plus a 3 car attached garage, 30 x 60 pole barn, and 36 x 87 hip-roof barn. Detached workshop with heat and electric.
Tract 2: 52+/- acres of Hunting and Recreational Land, very little tillable land. Tract 2 is a swing tract and must be purchased by an adjacent land owner or in combination with Tract 1 and/or 3.
Tract 3: 64+/- acres, 35ﾱ acres of tillable land. Surrounds Tract 1 (House and Barns) with frontage on Cohoctah Rd. Great opportunity to assemble a gentlemans livestock farm for sheep, cattle, or horses.
Tract 4: 6.5+/- acres mostly tillable, located on the south side of Cohoctah Rd. Could be combined with tract 5. Would make a nice building site.
Tract 5: 6.5+/- acres mostly tillable, located on the south side of Cohoctah Rd. Could be combined with tract 4. Would make a nice building site.
Tract 6: 40 acres rugged hunting and recreational land. Has a deeded 33ft. road right of way to grant access from Lutz Road. There is also an easement 33x 40 granted to the Lutz County Park for access from north to south at the Lutz Road junction. Any building plans would require township approval.
Tract 7: 30 acres hunting and recreational land. Tract 7 is a swing tract and would have to be purchased by an adjacent land owner or combined with Tract 6.
PROCEDURE: The property will be offered in 7 individual tracts or any combination of tracts. Bids on tracts, tract combinations, and the total property may compete. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. The property will be sold in the manner resulting in the highest total sale price subject to the Seller's acceptance or rejection.
DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier's check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Seller's acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an Owners Title Insurance Policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place up to 90 days after auction day, or as soon thereafter as applicable closing documents are completed. Subject to Deerfield Township approvals of Land Divisions. Seller and Buyer(s) shall share 50:50 in closing cost charged by Title Company.
POSSESSION: Posession shall be immediate after closing. Tillable farmland and buildings are sold subject to tenant's rights. Harvest rights to 2007 growing crop is retained by tenant.
HUNTING RIGHTS: The sellers will allow hunting on any tracts purchased in the auction prior to closing, provided the buyer has been declared the successful bidder, signed the purchase and sales agreement, and tendered the 10% earnest money.
REAL ESTATE TAXES & ASSESSMENTS: Seller shall be responsible for taxes and assessments billed before closing, and Buyer(s) for those billed after closing.
ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
EASEMENTS: Sale of the property is subject to any and all easements of record.
Mineral Rights: Sale shall include 100% of the mineral, oil, and gas rights owned by the Seller.
SURVEY: AT THE SELLERS OPTION, the Seller shall provide a new survey for any parcel where there is no existing legal description or where new boundaries are created by tract divisions. If a new survey is determined to be necessary by the seller, the cost of the survey is to be shared 50:50 between Buyer(s) and Seller. Any purchase made in combination will receive a perimeter survey only.
LAND DIVISION APPROVALS: Sale of property, which involves newly created parcels, is subject to approval (per Section 108 of Land Division Act) from the Township. Upon completion of the auction, which will determine any successful combination bids, final surveyed descriptions will be submitted to the Township for the completion of their review and action process.
AGENCY: Brokerage Land Company/Schrader and its representatives are Exclusive Agents of the Seller.
BUYER'S PREMIUM: A Buyer's Premium of 3% of successful bid(s) will be due from Buyer(s) at closing. Please take this into consideration when bidding.
DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential buyer is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
NEW DATA, CORRECTIONS, & CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
NOTE: Videotaping, flash photography, and/or public announcements will be allowed on Auction Day ONLY with prior approval from Schrader/Brokerage Land Company.
Announcments made at the auction podium at the time of the sale will take precedence over any previously printed material, or any other oral statements made.
