Online Only Mineral Rights Auction

On-Line Only

Begins:

Ends:

11/20/2020 12:01 pm

Location:

View Sale Bill
Bid Online

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Auction Description

160 Acres of Mineral Rights sold in 4- 40 acre tracts in the SE/4 of Section 9 T19N R23WIM, Ellis County.

Auctioneers Note

This is an Online Only Auction. Auction Ends at 12:01 p.m. with a ‘soft’ close. This means if someone bids in the last 2 minutes before the Tract closes, the bidding will be extended by 2 minutes allowing additional time to place another competing bid. This mimics a live auction setting.

If you are not familiar with online bidding, please contact us prior to sale day and we will help you. You can reach Ira at 580-334-6001 or come by the office at 1102 Oklahoma Ave in Woodward.

Bidding increments are on total dollars NOT per acre. Please be advised.

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.