| Notes: |
Auction Announcement:The Moore Ranch Auction will be conducted both in-person and online on Wednesday, January 22nd, 2025, at 10:00 AM Central Time. Auction Venue Location: Western Technology Center1000 S. Bailey StreetHobart, OK 73651. Online Bidding Link:A Proxibid link will be provided soon. Please check back for updates. Property Details:This auction features 160 +/- taxable acres of premier farming and ranching ground offered as a single tract. Located approximately 8 +/- miles west of Roosevelt, Oklahoma, in Section 17, Township 4 North, Range 18 West, Kiowa County, Oklahoma, the property represents an exceptional opportunity for agricultural and recreational use.Key Features: Tillable and pasture acreage; Multiple ponds; Recreational opportunities for Whitetail, Dove, and Small Game hunting. Prime location at the corner of County Road E1510 & County Road N2170, Roosevelt, OK. Approximately 16 +/- miles south of Hobart. Legal Description: Refer to Document 1 (link provided below) for the full legal description. Seller: Kirk Patrick Moore Auctioneer: Brad Sosebee Managing Broker: Andrew Schultz Agent/Primary Contacts: Will Bellis and Hunter Bellis. Method & Terms of Sale: The Moore Ranch will be sold absolute, without reserve, on a price-per-acre basis based on taxable acres. After individual tract bidding concludes, all tracts will be recombined, allowing buyers the opportunity to purchase the property as a whole. The recombined bid must exceed the total of all individual tract bids to be successful. The auction follows a buyers' choice format. The highest bidder will select which tract (or combination of tracts) they wish to purchase. Once selected, the remaining tracts will be auctioned again until all are sold. Purchase Terms: Down Payment: A non-refundable deposit of 10% of the purchase price is required immediately following the auction. This amount will be held in escrow until closing. Closing Date: The balance of the purchase price is due on or before Monday, February 24th, 2025. Title Insurance: The seller will provide title insurance for the full purchase price. Taxes: The seller will pay all 2024 real estate taxes (due in 2025) through a credit at closing. 2025 taxes will be prorated to the date of closing. Additional Notes: There are no farm or hunting leases on the property for 2025. Bidding is NOT subject to contingencies, including but not limited to financing, appraisals, or inspections. Buyers are expected to complete their due diligence prior to auction day. Important Information for Bidders. On-site Bidders must present a valid government-issued ID. Proof of funds or a pre-approval letter is required. Winning bidders will be contacted immediately after the auction to arrange the 10% down payment. A purchase contract will be sent electronically for e-signature. Disclaimers: All announcements made on sale day take precedence over any prior written or oral advertisements. While information in brochures, advertisements, and online materials is believed to be accurate, no liability is assumed for errors, omissions, or inaccuracies. All maps, photographs, and videos are approximate representations. The property is being sold "AS IS" with no expressed or implied warranties by the seller, auctioneer, or Real East Brokerage and its affiliates. Buyers are encouraged to verify all information to their satisfaction. |
