320±AC irrigated Farmland just Southeast of Tulia, TX. County dirt roads on the north and south sides. 3 irrigation wells and 1 domestic well. Two of the irrigation wells have turbine pumps powered by natural gas engines. Other well has a submersible pump powered by electricity. Wells approx. 185±FT deep. 25'X40" haybarn in fair condition.
AUCTION TIME & LOCATION:
Thursday, July 8th @ 3PM. Live Off-site Auction w/online and phone bidding available @ Assiter Facility, 16650 Interstate 27 Canyon, TX 79015Sells subject to Owner Confirmation
Opening Bid: $100,000
Lot Size ±: 320AC
Being Sold "AS-IS WHERE-IS" .
A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.
Closing is on or before August 23rd, 2021
There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price.
An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction.
Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.