1/2 ACRE Serviced Building Lot - West Lorne, ON

Cosens Auctions and Appraisals

 

Date(s) 3/17/2024 - 4/28/2024

BIDS MUST BE IN BEFORE Sunday, March 31, 2024 at 5pm SUBJECT TO SOFT CLOSE

Online-Only Auction
Shipping Not Available
Bidding Notice:

This is an internet-only Online Real Estate Auction. REGISTRATION OPEN NOW! AGENTS WELCOME, BROKER PROTECTED. Bidding increments are set to $1000. It is possible to imput a higher bid and let the computer bid for you up to a maximum amount. This amount may be raised at the bidders discretion. The bidding at this auction is subject to a 3 minute Soft Close meaning that if a bid is ... Show More

Auction Notice:

Go To VIEW CATALOG and click on Lot #1 to View ALL IMAGES and BID!

Auction Information
Name 1/2 ACRE Serviced Building Lot - West Lorne, ON
Auctioneer
Type Online-Only Auction
Date(s) 3/17/2024 - 4/28/2024
Auction Date/Time Info
BIDS MUST BE IN BEFORE Sunday, March 31, 2024 at 5pm SUBJECT TO SOFT CLOSE
Preview Date/Time At your Leisure.
Checkout Date/Time N/A
Location
Buyer Premium None
Description
On behalf of the Estate of Robert Hill of West Lorne, Cosens Auctions is offering this Vacant Lot south of the Village of West Lorne for sale by way of an Online Public Auction. 10767 Graham Road is located just south of the Village of West Lorne on the west side of Graham Road. Your own little piece of potential on the edge of countryside. There is a 10" x 24" partially enclosed structiure with Hydro and Water on the property with many mature native trees. Legally described as Pt Lt 18, Con 10, Municipality of West Elgin The lot measures 99 feet frontage and 209 feet deep. 2023 Taxes $550.00 Agents welcome/Brokers protected. The online auction sale of this property is subject to the Conditions of Sale required to be accepted upon registration. ******************************* REAL ESTATE CONDITIONS OF SALE ******************************** 1. The property described as 10881 Graham Road, West Lorne, Ontario, N0L 2P0, will be offered for public online auction and will be subject to final approval by the owner. 2. The highest bid may or may not be accepted as the winner. In case of dispute between bidders, the property shall be immediately put up again. No person shall retract their bid. 3. The purchaser will, at the time of sale, pay a deposit of five thousand dollars ($5,000.00) payable to Amin Law Professional Corporation in trust, for the vendor, and the sale shall be completed in THIRTY (30) days following the sale, when the balance of the said purchase money shall be paid. 4. Immediately after the sale the purchaser shall sign a contract to complete the sale according to these terms. This legally binding contract may be signed digitally. 5. All adjustments of insurance, rent, taxes, local improvement rates and other assessments to be apportioned to the date of completion of sale, when possession shall be given. 6. The house and property are being sold by auction as-is, where-is, with no warranties, implied or otherwise. The description and information respecting the property or advertisements for sale are believed to be correct but if any error be found therein it shall not annul the sale, nor shall any compensation be allowed in respect thereof. 7. The purchaser shall not be entitled to any abstract or other evidence of title not in the possession of the vendor and shall make any objections to the title in writing to the Vendor's solicitor, Amin Law Professional Corporation, 478 Waterloo Street, London, Ontario, N6B 2P6, within ten (10) days from the date of the sale, and in default of making any such objections the purchaser shall be deemed to have accepted the title. 8. If any objection shall be made which the vendor shall be unable or unwilling to remove, the vendor shall be at liberty to rescind the sale and in such case the purchaser shall receive back the amount paid, without interest, in full satisfaction of all claims. 9. If the purchaser fails to comply with the conditions aforesaid, or any of them, the deposit and all other payments made thereon shall be forfeited, and the property may be re-sold, and the deficiency if any, on such re-sale, together with all charges attending the re-sale, shall be made good by the defaulting purchaser. 10. Agent and/or Brokers must make themselves known to Cosens Auctions as a Buyer representative prior to the auction date. 11. Time shall be of the essence of these conditions. WWW.COSENSAUCTIONS.COM – CALL/TEXT 519-282-8044 – MARK@COSENSAUCTIONS.COM
******************************* REAL ESTATE CONDITIONS OF SALE ******************************** 1. The property described as 10767 Graham Road, West Lorne, Ontario, N0L 2P0, will be offered for public online auction and will be subject to final approval by the owner. 2. The highest bid may or may not be accepted as the winner. In case of dispute between bidders, the property shall be immediately put up again. No person shall retract their bid. 3. The purchaser will, at the time of sale, pay a deposit of five thousand dollars ($5,000.00) payable to Amin Law Professional Corporation in trust, for the vendor, and the sale shall be completed in THIRTY (30) days following the sale, when the balance of the said purchase money shall be paid. 4. Immediately after the sale the purchaser shall sign a contract to complete the sale according to these terms. This legally binding contract may be signed digitally. 5. All adjustments of insurance, rent, taxes, local improvement rates and other assessments to be apportioned to the date of completion of sale, when possession shall be given. 6. The house and property are being sold by auction as-is, where-is, with no warranties, implied or otherwise. The description and information respecting the property or advertisements for sale are believed to be correct but if any error be found therein it shall not annul the sale, nor shall any compensation be allowed in respect thereof. 7. The purchaser shall not be entitled to any abstract or other evidence of title not in the possession of the vendor and shall make any objections to the title in writing to the Vendor's solicitor, Amin Law Professional Corporation, 478 Waterloo Street, London, Ontario, N6b 2P6, within ten (10) days from the date of the sale, and in default of making any such objections the purchaser shall be deemed to have accepted the title. 8. If any objection shall be made which the vendor shall be unable or unwilling to remove, the vendor shall be at liberty to rescind the sale and in such case the purchaser shall receive back the amount paid, without interest, in full satisfaction of all claims. 9. If the purchaser fails to comply with the conditions aforesaid, or any of them, the deposit and all other payments made thereon shall be forfeited, and the property may be re-sold, and the deficiency if any, on such re-sale, together with all charges attending the re-sale, shall be made good by the defaulting purchaser. 10. Agent and/or Brokers must make themselves known to Cosens Auctions as a Buyer representative prior to the auction date. 11. Time shall be of the essence of these conditions. WWW.COSENSAUCTIONS.COM – CALL/TEXT 519-282-8044 – MARK@COSENSAUCTIONS.COM
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 5,000,000.00 1,000.00 CAD
5,000,000.01 - 9,999,999.99 10,000.00 CAD
Currency CAD
Buyer Premium None
Payment Terms
PLEASE SEE REAL ESTATE CONDITIONS OF SALE
PLEASE SEE REAL ESTATE CONDITIONS OF SALE
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.