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Title October 10th Real Estate Auction
Date & Time Wednesday October 10th 7 pm Central
Location XXXX Co Rd 39 Otsego MN
Highlights Up for bid is 76 acres of prime real estate located 4 miles west of HWY 101 in Otsego MN.
Whether you are a developer, farmer or investor this is a great opportunity
Bidding will be turned on October 3rd
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Categories VIEW ITEMS AND BID (1)
Notes You may inspect the property by walking it in the daytime at your convenience.
It is currently in use as farm land, Please do not drive vehicles on it.
Terms Real Estate Terms: This property is being sold As-Is. All information is deemed reliable; however, it is the buyer’s responsibility to verify all information. This property is being sold subject to seller confirmation. A $10,000 down payment will be due at signing with the balance due at closing.
Extended bidding: This auction is scheduled to end at 7pm. The bidding time will be extended if there is a bid in the final minutes and extend as many times as needed until there is no bidding for 5 minutes
Property Taxes: Prorated from date of closing
Closing: On or before 30 days after the auction at a title company to be determined.
Possession: The property is under contract for farm use in the 2019 growing season. All rental proceeds will go to the new owner.
Buyers Premium: A 6% buyer’s premium will be added over and above the high bid price. This will equal the contract price. Example: A bid of $500,000 + 6% or $30,000 = $530,000 contract price.
Signing of Purchase Agreement: Buyer will have 48 hours to sign the purchase agreement and deliver an earnest money check at a place to be determined. This purchase agreement is NON transferable.
Listing Agent: Dan Hiller with Hiller Auction & Realty
Broker Participation: Available to agents who actively assist their clients, call Hiller Auction for details

Directions From the intersection of HWY 101 and Co Rd 39, go west 4 miles to the property on the south side of the road.
Contact Hiller Auction Service inc.
10785 261st Ave
Zimmerman MN 55398
Phone: 763-856-2453
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