Mary Andrews, Broker: 800-630-0178 Email: [email protected] Valorie Hoffman, Sales: 320-297-1040 Email: [email protected] 1st Choice Realty 467 Main Street PO Box 86 Big Stone City, SD 57216 Stacy Tolifson, Sales: 320-815-8058 Email: [email protected] Office Phone/Fax: 605-862-6051 www.uc1stchoicerealty.com REAL ESTATE SEALED BID/OFFER FORM I/We________________________________ Address: _____________________, ______________________________ Phone number:_____________________, do hereby submit my offer/bid for Farmland in Tintah Township, Traverse County, Minnesota property as follows: SECT-17 TWP-129 RANG-45 S1/2NW1/4 & SW1/4 LESS THAT PART NORTH OF COUNTY DITCH NO 53, containing 191 acres (more or less) Property ID Number: 13-0067000 I/we hereby offer/bid $______________for the above referenced farmland. Sealed bid/offer is for the total price, NOT an amount per acre. I have enclosed with my sealed bid/offer a Cashier’s Check for twenty thousand dollars ($20,000.00). (made out to United Country 1st Choice Realty Trust Account). I agree to deposit ten percent (10%) of purchase price as earnest money on the date of the sale, if I am the successful bidder/offeror. I have received, read, and understand the terms and conditions of this offer. Bidder/Offeror Notes: _____________________________________________________ __________________________________________________________________ __________________________________________________________________ Signature________________________________Date____________________. FARMLAND SALE-191 ACRES (more or less) TRAVERSE COUNTY, MINNESOTA REQUEST FOR BIDS / OFFERS TERMS & CONDITIONS: Written sealed bids/offers may be submitted on the REAL ESTATE SEALED BID/OFFER FORM by mailing or delivering to Sellers’ Agent at : United Country 1st Choice Realty, 467 Main Street, Big Stone City, SD 57216. Bid forms should include bidder’s name, address, phone number, and amount of bid. Bid should be accompanied by a down payment check for twenty-thousand dollars($20,000.00). Down payment checks should be payable to United Country 1st Choice Realty Trust Account and will be held by Seller’s Agent for the sale of the following real property located in Traverse County, Minnesota: SECT-17 TWP-129 RANG-45 S1/2NW1/4 & SW1/4 LESS THAT PART NORTH OF COUNTY DITCH NO 53, containing 191 acres (more or less) Property ID Number: 13-0067000 Sealed Bids/ offers must be delivered to United Country 1st Choice Realty, 467 Main Street, PO BOX 86, Big Stone City SD 57216 by 2:00p.m. CST Tuesday, October 8, 2013. It is the bidders sole responsibility to ensure that their REAL ESTATE SEALED BID/ OFFER FORM is received by United Country 1st Choice Real Estate prior to 2:00 p.m.CST, Tuesday, October, 8, 2013 to the address provided. REVIEW SEALED BIDS/OFFERS: All sealed bids will be opened and reviewed by United Country 1st Choice Realty and Seller for the subject property on Tuesday, October 8, 2013. At the time of acceptable offer , Seller and Buyer will immediately enter into a Purchase Agreement. If no acceptable offers have been made, the top 5 bidders/offerors will be notified to submit their best and final offer by Friday, October 11, 2013. Seller reserves the right to accept or reject any bid/offer or to waive any technicalities and defects in a REAL ESTATE OFFER/BID FORM. All checks will be returned to unsuccessful bidders. BIDDER/OFFEROR PARTICIPATION: By submitting a sealed bid/offer to purchase the subject property, Bidder/Offeror agrees to participate and be bound by the terms and conditions. AWARD OF CONTRACT: At the conclusion of the sealed bid/offer process, United Country1st Choice Realty and Seller may award the sale of the property to the highest bidder. In the event of a tied bid, United Country 1st Choice Realty will ask the tied bidders to submit a final and best offer to break the tie bid/offer. At the time of an acceptable offer Seller and Buyer will immediately enter into a Purchase Agreement. The Buyer shall then have three (3) business days after the receipt of the Purchase Agreement to execute and return the Purchase Agreement with no contingencies with the balance of ten Percent (10%) of purchase price, (nonrefundable) earnest money check (Payable to United Country 1st Choice Realty Trust Account). Closing date of sale will be on or by Thursday, October 31, 2013. BIDDING ELIGIBLITY: All persons submitting a sealed bid/offer must be at least 18 years of age or older and have full authority to bid/offer on the property either as solely or as a representative of the bidding entity. Anyone submitting a bid acknowledges they are making a legal and binding offer to purchase the subject property agree to be bound by the Terms and Conditions as set herein. Possession at closing is subject to 2013 lease agreement between Seller and current Renter. Seller will pay all of real estate taxes due and payable in 2013. I also understand that United Country 1st Choice Realty is exclusively representing the Seller in the sale of this property. The information contained herein and in any advertisement has been given to us by the Traverse County Assessor, Farm Service Agency of Traverse County and, AgriDataInc.com and is believed by the Seller and its agents to be true. Nonetheless, it is your responsibility as Buyer to research all information to your own satisfaction. Mary Andrews, Broker: 800-630-0178 Email: [email protected] Valorie Hoffman, Sales: 320-297-1040 Email: [email protected] Stacy Tolifson, Sales: 320-815-8058 Email: [email protected] Office Phone/Fax: 605-862-6051 1st Choice Realty 467 Main Street PO Box 86 Big Stone City, SD 57216 www.uc1stchoicerealty.com
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