AUCTION ALREADY COMPLETED!
Atterberry Auction & Realty Co. - Columbia, MO 65201
150 +/- Acres & 3 Bedroom Ranch Style Home, Offered In Tracts or Entirety to High Bidder, 6495 State Rd. UU, Fulton, MO Auction
Location: 6495 State Rd UU, Fulton, MO
12:30 p.m. Tuesday, August 30th, 2022
CALLAWAY COUNTY LAND AUCTION
6495 State Rd. UU, Fulton, MO
150 +/- Acres Offered In Tracts & The Entirety
Click on thumbnails to see larger photos and descriptions
Click here to see additional thumbnail photos at bottom of this page
CALLAWAY COUNTY LAND AUCTION
6495 State Rd. UU, Fulton, MO
150 +/- Acres Offered In Tracts & The Entirety
Sells To The High Bidder Regardless of Price
Hunting / Tillable / Recreational / Investment
Preview Dates: Tuesday, August 16th & August 23rd | 4:30 - 6:00 pm
Tract 1: 78 +/- Acres & Shop
Tract 2: 72+/- Acres, Home & Livestock Barn
Endless Building Sites For Your Dream Home | Hard Surface Road Frontage | Potential Development Property
| Pasture & Pond Perfect for Livestock | Lots of Timber & Wildlife For Outdoor Enthusiasts | Approx. 37 Ac. Currently Tillable
Opportunities Are Unlimited With This Farm!!
Online Bidding Ends: Tuesday, August 30th at 12:30 p.m.
Sellers: Family of the Late John & Adine Gowin
Ultimate Choice / Multi-Par Absolute Auction Terms
1. REGISTRATION: This is an online only auction. You will need to register online to bid and
agree to all terms. By registering, all bidders acknowledge having read and agree to be
bound by the Auction Terms and Conditions. IF YOU HAVE NOT READ AND REVIEWED
THE TERMS FOR SALE OF REAL ESTATE, DO NOT BID. We encourage bidders to view all
properties.
2. ULTIMATE CHOICE: Property is being offered in tracts and combinations. Bidding will be on
individual tracts up to the day of auction. Combinations of tracts will be open for bidding on
August 30th at appropriate time as determined by the Auction Company. Once you have bid on an
individual tract, and a combination of tracts has been placed, you could be put back in the
winning position on the single tract you bid on when the combination is broken out to single tracts.
There is no max bid feature for this auction. The bid you place is the bid that will be posted.
(Example: If the current bid is $100,000.00 and you submit a bid of $150,000.00, that is what will
show on our website as the high bid at that time.)
3. SPECIAL NOTES: All property is being sold AS IS, WHERE IS with no warranty written or
implied by Atterberry Auction & Realty Co. or by the sellers. Any items remaining in or on the
property at time of closing will convey with the property. Successful bidder not executing and
returning the contract with earnest money deposit by end of business day of the auction will be
considered in default. In the event a winning bidder fails to submit the signed Contract for
Sale of Real Estate and required earnest money deposit, Atterberry Auction & Realty
Company reserves the right to charge the winning bidder a penalty fee of $1,000.00 on the
credit card provided at auction registration. Additional default remedies are reserved by
Atterberry Auction & Realty Company and the Seller as provided in the Auction Terms and
Conditions and the Contract for Sale of Real Estate. Atterberry Auction & Realty Company
reserves the right to sell to the second-highest bidder in the event the successful high bidder
does not comply with the terms of the sale.
4. AUCTION END TIMES: Atterberry Auction & Realty Online Auctions are timed events, and all
bidding will close at specified time. Online Auctions also have an auto extend feature. Any bid
placed in the final 3 minutes of an auction will refresh the timer to 3 minutes. Example: if an
auction scheduled to close at 12:30 receives a bid at 12:29, the close time will automatically
extend to 12:32. The auto extend feature remains active until no further bids are received within a
3-minute time frame.
5. ACCEPTANCE OF FINAL BID: This is an absolute auction, therefore the property will sell to the
high bidder with no minimum or reserve.
6. BUYERââ¬â¢S FEE: A buyerââ¬â¢s fee of four percent (4%) shall be added to the high bid, per tract, and
included in the total purchase price to be paid by each successful bidder. Example: if the high bid
is $100,000.00, the contract will be written for $104,000.00.
7. DOWN PAYMENT: The successful bidder shall be required to make a $15,000.00 (nonrefundable earnest money deposit), per tract, in the form of a personal or business check,
certified check or wire transfer down by end of business day of auction with remaining balance
due within 30 days or upon closing. Buyer shall be responsible for any wire transfer fees, if
applicable.
8. FINANCING: Financing is not a contingency of sale in this offering. Therefore, it is strongly
recommended that potential bidders ensure in advance that they can obtain the necessary
financing to close the transaction. This is considered a cash transaction.
9. AUCTION CONTRACT: Successful bidder shall execute auction contract and deliver nonrefundable earnest money deposit by end of business on the day the auction closes. Contracts
will be sent to buyer(s) via DocuSign for signature.
10. CLOSING & CLOSING COSTS: Buyer shall close within 30 days of the auction date. Buyer
shall pay applicable closing costs associated with the purchaserââ¬â¢s side of the sale (title company
fees, document preparation fees, recording fees, loan fees, etc.). Seller shall also pay applicable
closing costs associated with the sellerââ¬â¢s side of the sale (title company fees, title insurance fees,
document preparation fees, recording fees, etc.)
11. POSSESSION: Purchaser shall receive possession of property at closing.
12. EVIDENCE OF TITLE: Seller shall furnish at sellerââ¬â¢s expense an Ownerââ¬â¢s Policy of Title
Insurance in the amount of the total purchase price and shall execute a warranty or Trusteeââ¬â¢s
deed conveying the real estate to the buyer. Property easements, exceptions, and any other
applicable legal documents pertaining to the property are available for review on auction
company website www.atterberryauction.com.
13. INFRASTRUCTURE: It is ultimately up to the buyer(s) of these tracts to determine the utilities,
sewage, water and anything pertaining to developing or building on any of the tracts. Atterberry
Auction & Realty Company, nor the seller will be responsible for any information provided either
now or in the future for this property.
14. CURRENT SOYBEAN CROP/CASH RENT: The current crop will convey to the current
producer. Buyer agrees to allow producer access to the property to harvest the crop. Seller shall
receive final cash rent payment due from producer for 2022.
15. PROPERTY BOUNDARIES / SURVEY: The 150 acres more or less will be sold by the tract, not
by the acre. Land measurements in this packet are approximate based on County Assessorââ¬â¢s
information. Aerial photos are for illustration purposes only and not surveyed boundary lines.
Buyer(s) and Seller agree to share equally in the total survey expense. If the property sells as
150 +/- acres, then there will be no survey completed.
Closing date subject to completion of the survey, in the event the survey takes longer than 30
days, all parties shall agree to extend closing until completion. The cost will be itemized on the
closing statement for each party.
16. SHARED DRIVEWAY/UTILITY EASEMENT from State Rd. UU will be required, if the property
sells to different buyers, this will be part of the survey process.
17. WATER SERVICE: Tract 2 (Home) is currently served by Callaway 2 Water District. Should
Tract 1 sell separately, the buyer will need to contact the district for information on new water
service.
18. ELECTRIC SERVICE: Tract 2 (Home) is currently served by Callaway Electric Cooperative.
Should Tract 1 sell separately, the buyer will need to contact them for information on new electric
service.
19. REAL ESTATE TAXES & ASSESSMENTS: Any unpaid real estate taxes shall be paid by the
Seller at closing. The real estate taxes and homeownerââ¬â¢s association dues (if applicable) for the
current year are to be prorated to closing.
20. AGENCY: Atterberry Auction & Realty Co. and its representatives are Exclusive Agents of the
Seller.
21. BROKER PARTICIPATION: A commission will be paid to any properly licensed Broker who
registers a successful buyer according to the Broker Participation Agreement. This form is
available from the Auction Company and must be completed and returned 48 hours prior to the
auction. We do not offer a fee, if you are a licensed real estate agent and buying for yourself. No
Exceptions!
22. AUCTION DISCLAIMER: All information published, announced or contained herein was derived
from sources believed to be correct; however, it is not guaranteed by the seller or the
auctioneers. Personal on-site inspection of all property is recommended by purchaser and/or
purchaserââ¬â¢s agent/broker. The failure of any purchaser and/or purchaserââ¬â¢s agent/broker to inspect
or to be fully informed as to the condition of the property, will not constitute grounds for any claim
or demand for adjustment or withdrawal of bid, offer
For more information, call:
5734749295
Questions about this auction? Phone (573) 474-9295 or email our office at contactus@atterberryauction.com.
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