Meet the PCRE Auction Team!

L-R: Jessica Allen, Chris Reel, Jason Duke, Stacy Duke, Derek Allen, Tyler Grimsley, Kevin Ketchum, Madison Zumwalt

The auction service is a full-service auction company that will provide Estate, Firearms, Machinery, General Consignments, Real Estate, and Land Sales. I have been in the auction business for over 20 years serving Pike County and the surrounding areas. We’re ready to serve all your Real Estate and Auction needs! Give me a call at 217-430-2985

Meet Our Managing Auctioneer! Jason Duke

LAND AUCTION

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Minerva Yeung & Boon-Lock Yeo Farms

66 acres +/- (2 TRACTS) & 107.8 surveyed acres (1 TRACT)

Auction Method:

All tracts will be offered in the method of Buyers Choice, where, upon winning the highest bid, each buyer can select any or all of the 3 tracts in any order. If all tracts are not selected, auction will continue until each of those tracts has been sold to the highest bidder. The tracts will not be offered in their entirety, or any combination of tracts, at the end of the sale. Final acreages for Tracts 1 & 2 will be determined by survey to be completed prior to closing. Final purchase prices will be based on the surveyed acreages. All sales will be subject to Seller approval.

Terms of Sale:

Immediately after the conclusion of the auction, Buyers will enter into a written purchase agreement with the seller, and will put 10% non-refundable earnest money as a down payment, with the balance being due in full on the date of closing, on or before Monday, February 28, 2022.

Sellers are responsible for providing title insurance and a clean, merchantable title, and warranty deed to be conveyed to Buyer upon closing. The 2021 real estate taxes will be the responsibility of the seller. The 2022 real estate taxes will be prorated to the date of closing, with Buyer receiving credit at closing for the total estimated amount of the 2021 & prorated 2022 real estate taxes. Moving forward, Buyer will be responsible to pay all subsequent tax bills issued for the tract being purchased. Possession to Buyer conveys at closing, including the 2022 farming rights.

The bidding is not subject to financing, appraisals, or inspections of the property. All information presented in relation to the subject property including, but not limited to the details, acreages, maps, photos are deemed accurate, but are not warranted. Each tract is being sold “as is”. All announcements on day of sale will take precedence over any previous advertising.

CALL US TODAY FOR ALL YOUR AUCTION NEEDS!