Check out this Online-Only Absolute Land Auction in the scenic grass covered hills of western Valley County, Nebraska! This is your chance to purchase a productive ranch that has been held by the same family for many years! It will be sold in 3 separate parcels ranging from one single quarter up to an entire section of land.
Online Only Absolute Land Auction
1,038.89+/- Acres Valley County, Nebraska Offered in 3 Tracts
Bidding to Open: Thursday, February 1, 2024 at 1:00 pm (CST)
Bidding Set to Close: Thursday, February 15, 2024 at 1:00 pm (CST)
General Property Location
From Comstock, NE: Travel east on 809 Road for 2 miles, then North on 463 Ave. approximately 1 mile to the southeast corner of Tract #1.
From Ord, NE: Travel west on Sargent Road 14 miles to 463 Ave., then south on 463 Ave. 1 mile to the Northeast corner of Tract #1 and Northwest corner of Tract #2.
Electric Provider: Loup Valleys Rural Public Power (308) 728-3633
Natural Resources District: Lower Loup NRD (308) 728-3221
Informational Meeting on February 1, 2024 • 9:00 AM to Noon
Location: Ord Veterans Club • 246 South 15th Street • Ord, NE
If you would like assistance in registering for this Online Land Auction or for further inquiries on the property please feel free to come and visit with us.
Bidding End Date on February 15, 2024 • From 10 AM - Until the Conclusion of the Auction
Land Marketers Realty will have a room set up at the Ord Veterans Club 246 South 15th Street Ord, NE on the day of the auction. In the event you are in an area with minimal internet service, and you wish to participate in this auction, please feel free to meet at the Veterans Club and we will do our best to accommodate your needs.
Immediately following the closing of the online auction bidding, the successful bidder(s) will sign Brokerage Agency Disclosure and will sign a Contract to Buy Real Estate (Land) for the total amount bid times the deeded acres in each tract. Required non-refundable earnest money deposit to be in the form of a personal, business, or corporate check or electronic funds for an amount equal to10% of the purchase price which is due upon the signing of the contract and to be deposited into the trust account of:
Valley Title & Abstract
81217 Highway 70 - Ord, NE 68862
Phone: 308.728.3227
The Purchase Agreement will not be contingent upon financing. The terms and conditions of the online auction shall be incorporated and made a part of the contract.
Agency Disclosure Land Marketers Realty is representing the Seller as a Sellers Agent throughout the entire sale process.
Sale Procedure
To ensure the timeliness of activation on the online auction platform, Buyers are encouraged to register and provide a “Letter of Good Standing” prior to February 1, 2024.
The property will be offered for sale in 3 separate tracts in Valley County, Nebraska. The acres being advertised have been obtained from county records and are being sold on a more or less Basis. The contract sale price shall be determined by multiplying the acres in each tract times the amount bid. Bidding is scheduled to end Thursday, February 15, 2024, at 1:00 p.m. (CST). Closing time of the bidding is subject to the 5-minute rule at the end of the auction. There must be a 5-minute lapse between ALL bids before the sale of any of the tracts is considered final. The successful Bidders will be contacted by a Land Marketers Realty Agent at the conclusion of the auction to make arrangements to sign all required documents and deposit the required non-refundable earnest money with the title company.
Closing Expenses
At Closing, Buyer(s) shall pay in electronic transfer funds or cashier's check, the full balance of purchase price along with the added closing costs, and sign and complete all required documents at closing on or before March 15, 2024.
The buyer will be responsible for the following costs associated with this transaction.
One-Half ½ Owners Policy of Title Insurance
One-Half ½ Escrow Closing Fees
Recording Fee for Deed and/or Mortgage
Lender’s Policy Title Insurance, If Applicable
Loan Origination Fee, credit report, appraisal, inspections, or any certifications.
Any costs incurred to secure financing.
2024 and future Real Estate Taxes
All property is being sold AS IS-WHERE IS, without any guarantees or warranties of any kind.
Seller: Gary G. Trojan, Trustee of the Eldon Trojan and Emil Trojan Revocable Trusts
Contact Listing Agent: Travis Dougherty (402) 336-7612 or (402) 336-4444 For More Information to to Schedule a Private Showing
Land Marketers Realty has obtained this information from sources we have deemed reliable. All boundary lines contained in any advertising are for visual aid only and do not represent the location of any existing fence lines. Land Marketers Realty makes no guarantees, warranty or representation about the accuracy of this information. This information is submitted subject to the possibility of errors, omissions, price changes, or any other conditions. All prospective buyers are urged to consult with their own tax and legal counsel and conduct their own investigation of the property or transaction. Copyright © 2023 Land Marketers Realty. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of Land Marketers Realty
Terms and Conditions of the Auction
Legal Description
Tract #1:
All Section 31, Township 19N, Range 16 West of the 6th PM Containing 639.78+/- Taxable Acres in Valley County, Nebraska
Tract #2:
NW ¼ and W1/2 NE ¼ Section 32, Township 19N, Range 16 West of the 6th PM Containing 240+/- Taxable Acres in Valley County, Nebraska
Tract #3:
NW ¼ Section 5, Township 18N, Range 16 West of the 6th PM Containing 159.11+/- Taxable Acres in Valley County, Nebraska
All legal descriptions to be further described by title insurance.
Legal descriptions are subject to existing fence boundaries. Neither Seller or Seller’s Agent represents the location of any fence lines or boundary lines. All stated acreages in the brochure or any advertising are approximate and are obtained from county tax records. No warranty is expressed or implied as to exact acreages of property.
Title: The seller shall convey title by Warranty Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). Property to be sold subject to existing roads; established easements and rights-of-way; any prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record.
Title Company and Closing Shall be handled by:
Jan Howard
Valley Title & Abstract
81217 Highway 70 - Ord, NE 68862
Phone: 308.728.3227
Fax: 308.728.3527
Cell: 308.730.2844
E-mail: jan@valleytitleandabstract.com
Mineral Rights
Seller to convey all OWNED mineral, if any, to Buyer(s) at closing.
Leases
The Following Leases are present on the property: N/A
Farm Service Agency Information
All Base Acres or any other Governmental Entitlements associated with the legal description shall be transferred to the buyer at closing.
Property Condition
The prospective Buyer(s) have verified all information. All prospective bidders have been urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller or Seller’s Agent.
Purchase Agreement
Immediately following the closing of the auction, the successful bidder(s) will sign Brokerage Agency Disclosure and will sign a Contract to Buy Real Estate (Land) for the total amount bid. Required non-refundable earnest money deposit to be in the form of a personal, business, or corporate check or electronic funds for an amount equal to10% of the purchase price which is due upon the signing of the contract and to be deposited with the title company Trust Account. The Purchase Agreement will not be contingent upon financing. The terms and conditions of the online auction shall be incorporated and made a part of the contract.
Closing Expenses
Buyer(s) shall pay in electronic transfer funds or cashier's check, the full balance of purchase price along with the added closing costs, and sign and complete all required documents at closing on or before March 15, 2024
The buyer will be responsible for the following costs associated with this transaction.
- One-Half ½ Owners Policy of Title Insurance
- One-Half ½ Escrow Closing Fees
- Recording Fee for Deed and/or Mortgage
- Lender’s Policy Title Insurance, If Applicable
- Loan Origination Fee, credit report, appraisal, inspections, or any certifications.
- Any costs incurred to secure financing.
- 2024 and future Real Estate Taxes
Closing Date and Possession
The buyer shall receive possession of the Property at closing.
Sale Procedure
To ensure the timeliness of activation on the online auction platform, Buyers are encouraged to register and provide a “Letter of Good Standing” prior to February 1, 2024.
The property will be offered for sale as 3 separate tracts in Valley County, Nebraska. The acres being advertised are being sold on a more or less Basis. The contract sale price shall be determined by multiplying the acres in each tract times the amount bid.
Bidding is scheduled to end Thursday, February15, 2024, at 1:00 p.m. (CST). Closing time of the bidding is subject to the 5-minute rule at the end of the auction. There must be a 5-minute lapse between ALL bids before the sale of any of the tracts is considered final. The successful Bidders will be contacted by a Land Marketers Realty Agent at the conclusion of the auction to make arrangements to sign all required documents and deposit the required non-refundable earnest money with the title company.
Default and Remedies
In the event this transaction fails to close by default of the Seller, under the terms and conditions stated on the purchase agreement, the successful bidders sole remedy will be the return of the earnest deposit and any other money submitted. The successful bidder waives any other remedy that the successful bidder may have against the seller at law including, without limitation, specific performance. In the event the transaction fails to close on account of a default by the successful bidder, the seller's sole remedy will be to retain the entire earnest deposit as liquidated damages.
Additional Disclosures:
Land Marketers Realty and all other agents of Broker are acting as a Sellers Agent and will be representing the Seller throughout the ENTIRE Sale Process. The information contained herein has been obtained from sources that Land Marketers Realty deems reliable, although neither the Seller nor the Sellers Agent Guarantees the accuracy of any of the information contained in any advertising. Sellers Agent and the Seller assume no responsibility for the omissions, corrections, or withdrawals. Any Aerial mapping is not intended as a survey and is intended for visual aid purposes only. The prospective Buyer(s) should verify all information contained herein. All Bidders acknowledge and represent that they have had the opportunity to assess the size, layout, utilities, legal access, any irrigation equipment, certified irrigated acres, environmentally sensitive areas, permitted use, and title condition, including all easements, covenants, restrictions, or reservations which affect the property or any portion thereof. There may be weeds on the property deemed noxious in Nebraska. The fully executed purchase agreement for each transaction shall supersede any other advertising or announcements and shall become the governing or controlling document for the transaction. In the event of an internet outage or other unplanned technical difficulties on the day of the sale, the Seller or Sellers agent reserves the right to adjust these terms and conditions to complete the sale of the property or to postpone the closing of the bidding process to a different time. Said changes to be at the sole discretion of the Seller or the Sellers Agent.
Property Condition: The prospective Buyer(s) have verified all information. All prospective bidders have been urged to fully inspect the property, its condition, and to rely on their own conclusions. The property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller or Sellers Agent.
For specific Questions on this transaction or other properties listed by
Land Marketers Realty Please call our office at (402) 336-4444
Listing Agent: Travis Dougherty (402) 336-7612
