Auction Description
Selling 118.8± Acres of Mineral Rights in 2 Tracts!
Tract 1- 88.8± acres of open mineral rights in Section 26 T18N R20WIM.
Tract 2- 30± acres in Section 25 T18N R20WIM
Auction Preview
For more info please contact Ira Smith at 580-334-6001 or ira@smithcoauctions.com.
Auction Notes
Auction will begin to conclude on Friday, October 8th at 1 p.m. CST. Once bids have closed, you will be sent contracts via DocuSign. 10% of purchase price escrowed sale day with the balance due upon proof of marketable title. Escrow must be made sale day and may be wired.
Documents:
Lofoard-Mineral-Report.pdfBuyers 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.
