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Prime Grass Land Online Auction

May 22 @ 8:00 am - May 29 @ 12:00 pm

160 Acres +/- Roosevelt County, NM

Bidding Begins: Wednesday May 22, 2024 8:00 AM

Bidding Closes: Wednesday May 29, 2024 12:00 Noon

Click Here to Bid


Account: R038324 Legal Description: S: 35 T: 1S R: 31 E NE/4  New Mexico property in Roosevelt County near Floyd, NM!  20 minutes West of Portales. Accessibility is outstanding, with state highway 330 offering easy ingress and egress on East side of property. Location: Mile Post 16 on State Hwy 330. (West Side).  Corner beginning point – S Roosevelt Road 5 and Roosevelt Road AK. This grass land investment property is covered with native grasses and 4- Wire property boundary fence on East, North, and West Side of property.  New owner will need to located South boundary line and construct a South boundary fence.  There is an Internet Premium of 5.0% added to the last and final bid price per acre. Pasture Land only, no other improvements or water.

TERMS:

Taxes shall be prorated to the date of closing.  Title and closing costs shall be split 50/50.  Property is being sold in as is where is with no warranties or guarantees. All inspections must be conducted prior to the sale. Closing shall be with Graham Title on or before June 25st, 2024. 10% non-refundable earnest money down day of sale.  All bids will be considered cash deals, no financing, appraisal or inspection contingencies will be accepted.  What mineral rights the Sellers own shall transfer – It is believed the minerals are intact. Allstar Auction Co / Town and Country Real Estate is acting as a Seller’s Agent only.  All real estate is selling subject to any easements. Real estate is not selling subject to any inspections or bank approval. All boundary line maps are approximate. Real estate shall be sold with no disclosure statements. Selling with Seller’s confirmation on price. The Sellers have elected to have online bidding. Bidders must be preapproved with their lender, if applicable. All property information is believed to be accurate, however Allstar Auction Co. is not liable for its accuracy.  All bids are considered final. At the end of the online auction, we will confirm the sale with the seller before declaring “SOLD”. If you are the winning bidder (online) we will contact you by phone to coordinate signing and collection of earnest money. Winning bidder must enter into a purchase contract no later than 5pm Friday May 31st 2024.  Bidders registered online may be contacted by a representative of the auction company for proof of funds/pre approval. Allstar Auction Co. has the authority to establish all bidding increments. Allstar Auction Co. reserved the right to accept, set or decline bidder permissions. Allstar Auction Co. has the right to refuse, reject, or disqualify any bidders believed to be fraudulent, illegitimate, not competent, or in violation of any terms and conditions. Allstar Auction Co. has the right to extend, pause, or delay the auction. Allstar Auction Co. is not liable for any claim regarding poor internet connection/disconnection during or before the auction.