Auction Details The Moore Ranch Auction will be conducted in-person and online on Wednesday, January 22nd, 2025, at 10:00 AM Central Time. Auction Venue: Western Technology Center 1000 S. Bailey Street Hobart, OK 73651 Online Bidding Link: A Proxibid link for online bidding will be available soon. Please check back for updates. Property Overview This auction features 160 +/- taxable acres of prime farming and ranching land located approximately 8 +/- miles west of Roosevelt, Oklahoma, in Section 7, Township 4 North, Range 18 West, Kiowa County, Oklahoma. Property Highlights: Tillable and Pasture Acreage: Versatile ground ideal for farming and ranching operations. Elk Creek: A scenic waterway running through the center of the property, offering excellent hunting and fishing opportunities. Accessible Location: The property is located along County Road E1500, approximately 16 +/- miles south of Hobart. Legal Description: Refer to Document 1 (link available below) for the complete legal description. This tract represents a rare opportunity to acquire high-quality agricultural and recreational property in Kiowa County, Oklahoma. Auction Details and Contact Information Seller: Kirk Patrick Moore Auctioneer: Brad Sosebee Managing Broker: Andrew Schultz Primary Contacts: Will Bellis and Hunter Bellis. Method & Terms of Sale The Moore Ranch will be sold on a price-per-acre basis based on taxable acres. Auction Method: Absolute Auction: Each tract is being sold without reserve. Individual Tract Bidding: Buyers will bid on individual tracts during the auction. Combination Sale Opportunity: Following the individual tract bidding, the tracts will be recombined, and buyers will have the opportunity to bid on the property as a whole. To purchase the property in its entirety, the recombined bid must exceed the sum of all individual tract bids. Buyers' Choice Format: The highest bidder in each round selects their preferred tract (or combination of tracts). Remaining tracts are re-auctioned until all are sold. Purchase Terms: A non-refundable 10% down payment is required immediately following the auction. This amount will be held in escrow until closing. The balance of the purchase price is due at closing on or before Monday, February 24th, 2025. The seller will provide title insurance for the full purchase price. 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 Information: There are no farm or hunting leases for 2025 on the property. Bidding is NOT subject to contingencies such as financing, appraisal, or property inspection. Buyers should complete all due diligence prior to the auction. Bidding Requirements On-site Bidders: Must bring a valid government-issued ID. Proof of funds or a pre-approval letter is required. Online Bidders: Winning bidders will be contacted immediately after the auction to arrange the 10% down payment and to sign the purchase contract electronically. Disclaimers All announcements made on sale day take precedence over any prior written or verbal advertisements. While the information provided in brochures, advertisements, and on the website is believed to be accurate, no liability is assumed for errors, omissions, or inaccuracies. All maps, photographs, and videos are approximate and should be independently verified by buyers. No expressed or implied warranties are made by the seller, auctioneer, or Real Estate Brokerage and its affiliates. Property Sold "AS IS" This property is being sold "AS IS," with no guarantees regarding condition or suitability for any particular purpose. Buyers are encouraged to inspect the property to their satisfaction prior to bidding.