Caron Land & Mineral Rights Auction

Simulcast

Begins:

05/21/2020 10:00 am

Ends:

Location:

3 miles south of Arnett, OK on Hwy 283

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Auction Description

Tract 1 – 40± Acres of Ellis County Land

Legal Description: NW/4 SW/4 of Section 27 T19N R24 WIM

This is a good native grass of land with several trees. There is a large tree row along the highway on the west side of the land. The land is fenced on the north and west sides. Access is from the west off of Highway 283. Boundary lines on the east and south side will be established by survey.

Tract 2 – Mineral Rights

40± acre tract of mineral rights located in the NW/4 SW/4 of Section 27 T19N R24 WIM, Ellis County, OK. 2018 Income of $823.

Preview

To view this property contact Ira Smith at 580-334-6001.

Land Location

3 miles south of Arnett, OK on Hwy 283

Additional Photos

Documents:

Madelyn-Caron-Land-Contract-5-21-2020.pdfCaron-Mineral-Rights-Contract-5-21-2020.pdf
Real Estate Auction Terms

Buyers attending this auction will be required to provide a valid photo ID.  By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc.  Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title.  Seller will provide a current abstract and warranty deed.  Taxes will be prorated to the day of closing.  Possession upon closing.  Property is selling in its present condition with no warranties expressed or implied.  All information given comes from resources we believe to be reliable but in no way is guaranteed.  Announcements made sale day supersede all prior advertising.  Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day.  Sellers are reserving all oil, gas, and other mineral rights.  Online Bidders may bid via our website at smithcoauctions.com.  Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet.  On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.  ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.

Mineral Auction Terms

Buyers attending this auction will be required to provide a valid photo ID.  By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc.  Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due within 30 days of sale. Seller guarantees marketable title.  Buyer will receive a mineral deed only, no abstract.  Buyers should arrange financing and satisfy themselves as to actual record title prior to sale day.  All information given comes from resources we believe to be reliable but in no way is guaranteed.

Announcements made sale day supersede all advertisements.  Online Bidders may bid via our website at smithcoauctions.com.  Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet.  On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.  ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.