39 Acres in Albany, MO

Note, these are estimates provided by the FSA office in March, 2025. Interest accrues daily so the payoff amount will change depending on when a buyer would choose to buyout the contract(s).

Tract 1- $81,513

Tract 2- $45,718

Tract 3- $35,682

Tract 4- $63,784

Tract 5- $27,635

Survey Requirement:

If deemed necessary by title company a survey will be provided and paid for by the seller. The advertised acreage is estimated to the best of our ability. Buyer and seller acknowledge the final acreage amount, based on the survey, may adjust up or down slightly. If this happens a price adjustment will be made in accordance with the final acreage. Buyer and seller will execute a price amendment to reflect the new acreage, and all parties will sign. (Winning Bid Amount Per Acre X Final Surveyed Acreage= New Price Amount).

East of Albany, MO

327th Street, Gentry County

Schools: Albany R-III

Viewing the Property:

Interested parties are welcome to go look at the farms. The farms are leased for turkey hunting, please do not disrupt the tenants. Let the auction company know if you plan to walk a tract so we can assure nobody will be hunting at that time. Do not damage CRP or growing crops

Taxes: $969.86 (All Tracts Combined 1-5)-To be verified by the buyer.

Online Bidding Only:

May 9, 2025, bid opening

May 16, 2025, bid closing begins at 10:00 am

June 18, 2025, close at the title company

Bid Ending Times:

Tracts 1-5 will begin ending at 10:00 AM

Tract 6 will begin ending at 10:30 AM

Tract 7 & 8 will begin ending at 11:30 AM

Tract 9 will begin ending at 12:00 Noon

Bid Increments:

Starting at $0 bid increment is $250 per acre

Starting at $2,000 bid increment is $100 per acre

Starting at $3,000 bid increment is $50 per acre

Starting at $4,000 bid increment is $25 per acre

Starting at $8,000 bid increment is $15 per acre

Starting at $10,000 bid increment is $10 per acre

Auction Terms & Conditions:

Buyer(s) to receive 100% of the 2025 CRP payment as well as 100% of the 2025 row crop payment for the particular tract(s) that they purchase. Row crop lease payment will be delivered to buyer(s) on closing day. CRP payment will be paid to buyer(s) on approximately October 1st 2025. Buyer(s) to receive all future CRP payments.

CRP buyout estimates provided in the property descriptions are for informational purposes only should a new owner choose to buy out a contract at some point after closing. These are estimates provided by the FSA office in March 2025. Interest accrues daily so the payoff amount will change depending on when a buyer would choose to buy out the contract(s).

Buyers are responsible for assuming all CRP contracts on applicable tracts. Buyer and seller agree to work collectively with county FSA office to transfer these contracts to new owner.

Row crop tenant to have access to harvest growing crops. Tenant will retain 100% of the row crop income. New owner shall not damage growing crops.

No crop leases extend past 2025, meaning a new owner can farm it themselves in 2026.

All hunting leases will expire prior to closing date. Farm will be open for hunting by new owners.

There is no bidder premium. No commission charged to the buyer.

Bidding will end with a soft closing, meaning that a bid in the final minutes will extend bidding by approximately 5 minutes. The auction will remain open and continue to extend as long as there is active bidding.

Tracts 1-5 will begin ending at 10:00 AM. A bid in the final minutes on any tract 1-5 will extend the bidding on all tracts 1-5.

Tract 6 will begin ending at 10:30 AM. A bid in the final minutes on tract 6 will extend the bidding only on tract 6.

Tract 7 & 8 will begin ending at 11:30 AM. A bid in the final minutes on either tract 7 or 8 will extend the bidding on both tracts 7 & 8.

Tract 9 will begin ending at 12:00 NOON. A bid in the final minutes on tract 9 will extend the bidding only on tract 9.

The seller will pay for a survey to provide an updated legal description and clear title on necessary tracts where survey is required to close. The advertised acreage is estimated to the best of our ability. Buyer and seller acknowledge the final acreage amount, based on the survey, may adjust up or down slightly. If this happens a price adjustment will be made in accordance with the final acreage. Buyer and seller will execute a price amendment to reflect the new acreage, and all parties will sign. (Winning Bid Amount Per Acre X Final Surveyed Acreage= New Price Amount).

The seller and or any lessees reserve the right to remove any personal property prior to closing. Any personal property items remaining on the property at the time of closing will become the property of the winning bidder, with the exception of the tenants equipment, etc.

Bidders will be required to register and sign terms/conditions before bidding on the auction.

Bidders are required to register 24 hours prior to the bid closing date. Late registrations may not be approved for bidding.

The successful high bidder, upon completion of the Real Estate Auction, must complete and sign a purchase agreement, and any seller disclosures provided by the seller, and render (within 10 days) 10% of the purchase price (earnest money) as a non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance is due at final closing.

Premier Land & Auction Group, Real Broker, LLC must receive a signed copy of the contract (hand delivered, faxed, scanned and emailed, or electronically signed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid.

The farm is offered with a minimum reserve. The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.

This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such a reason. Out of area personal checks must be with the approval of the Auction Company personnel. Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit. Sales are non-contingent; failure to close will result in forfeiture of the earnest money.

Buyer must secure their own necessary financing approval prior to the auction. Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids.

The property is sold As Is, Where Is and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding.

Sellers and/or the Auction Company do not guarantee acres. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to prospective buyer. Seller shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a proper deed conveying the real estate to the buyer.

New Owners will be granted full possession of the property at time of closing subject to existing leases as prescribed by Missouri Law.

Premier Land & Auction Group, Real Broker, LLC are exclusive agents of the seller.

Sale shall include all mineral rights owned by the seller if any.

Property is sold based on the legal description.

All information contained in this advertisement and all related advertising materials are subject to the terms and conditions outlined in the purchase agreement.

Under no circumstances shall Bidder have any kind of claim against Premier Land & Auction Group, Real Broker, LLC, the Sellers, or any party if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed.

All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction.

There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied.

Please make all inspections and have financing arranged prior to the end of bidding.

By accepting these terms and conditions you acknowledge and allow Premier Land & Auction Group, Real Broker, LLC and its affiliates to communicate with you via text, call, email, etc.

BUYER AGENT REPRESENTATION:

Buyer broker/agents are welcome to assist and represent their clients, however, the seller has elected to not compensate a buyer agent.

All purchase agreements will be prepared by the auction company in accordance with the terms of the sale.

Buyer broker/agents that register to bid on behalf of their client must notify the auction company 24 hours in advance of the auction end date and time, and provide the name and qualifications of the client they are representing.

Buyer broker/agent certifies he or she has personally shown and/or represented the subject property to the prospective buyer.

Buyer broker/agent is representing the prospective buyers interests as a Buyers Agent and is not an agent or sub agent of either the Seller or Auctioneers/Selling Broker.

Buyer broker/agent is not authorized to make any representations regarding the property on behalf of either the Seller or Auctioneers/Selling Broker.

Buyer broker/agent is not buying on his/her own behalf, or on the behalf of any business entity in which he/she owns an interest.

Buyer broker/agent and Buyer have reviewed and agree to the terms and conditions. Agent certifies they have provided copies of the terms and conditions to their client.

Upon commencement of the Auction, and in the event the potential buyer becomes the successful bidder, the bidder shall immediately enter into a formal contract to purchase and submit the required earnest money deposit.

No verbal registrations are accepted.

Buyers Agent will assist their client in the closing process.