Estate of Norman D. Woods-Real Estate AUCTION

VAN KLAVEREN Auctions Inc.

 

Date(s) 6/26/2017 - 6/29/2017

Begins Monday, June 26 at 8am to Thursday, June 29 starting to close at 8pm (Online Only)

Past Auction
Online-Only Auction
Bidding Notice:

OnLine Only Auction with 4 Days of bidding at www.youcanbid.ca

Auction Notice:

Estate of Norman D. Woods

Auction Information
Name Estate of Norman D. Woods-Real Estate AUCTION
Auctioneer
Type Online-Only Auction
Date(s) 6/26/2017 - 6/29/2017
Auction Date/Time Info
Begins Monday, June 26 at 8am to Thursday, June 29 starting to close at 8pm (Online Only)
Preview Date/Time TUESDAY, JUNE 20, FROM 4-6PM TUESDAY, JUNE 27, FROM 4-6PM
Checkout Date/Time An irrevocable deposit of $15,000.00 will be required from the successful bidder Friday, June 30 at 10:30 am at the subject property, 954 Dearness Dr., London, On. At this time the Standard Agreement of Purchase and Sale will be completed. Kindly have Lawyers name and contact info ready. This amount needs to be in certified funds, bank draft or money order made payable to VANKLAVEREN Auctions Inc. in Trust. The funds must be in the account upon which the cheque is written at the time it is written.
Location
Buyer Premium .
Description
Estate of Norman D. Woods-954 Dearness Dr., London, On Wow, What a property! Sharp 3 bedroom home with garage in London, On. Near schools, shopping and churches and backing onto park land. An Online Only Auction Real Estate and Contents to be sold in Online Only Auction at www.youcanbid.ca on beginning on Monday June 26 at 8am and begins closing Friday, June 29 at 8pm. Be aware that a SOFT Close is in effect. If a bid is executed in the 5 minutes prior to the close of an item, that item is extended another 5 minutes. After 5 minutes of inactivity an item will then close. OPEN HOUSE TIMES: TUESDAY, JUNE 20, FROM 4-6PM SUNDAY, JUNE 25 FROM 3-4PM TUESDAY, JUNE 27, FROM 4-6PM Property Details: Municipal Address:954 Dearness Drive, London, Ontario Legal Address:PT LT 7 PLAN 584, PT 2 33R541 LONDON/WESTMI … PIN: 084930179 ARN: 393605063003501 Auction-Begins Monday, June 26 at 8am to Thursday, June 29 starting to close at 8pm (Online Only) OPEN HOUSE TIMES: TUESDAY, JUNE 20, FROM 4-6PM SUNDAY, JUNE 25 FROM 3-4PM TUESDAY, JUNE 27, FROM 4-6PM Real Estate Auction Settleup-Friday, June 30 at 10:30 am Heating: Gas Forced air Electrical: 100 amp service with fuse panel, aluminum wiring Cooling: Central Air Water: Municipal Sewer: City sewers Services: Electricity, Telephone, cable, internet Rental Equip.: No rentals Exterior: Brick Driveway: Paved Foundation: Block Roof: Ashphalt Shingles Flooring: Carpet, Cushion/Tile/Lino Lot size:50.00 ft frontage by 196.00 ft deep Sq. Ft. of home-44' x 25' Approx. 1100 Sq Ft Full Basement partially finished Selling with LG Refrigerator and stove, dishwasher and clean upright freezer MAIN FLOOR LIVING ROOM - 12' X 16' WITH HARDWOOD FLOORS DINING ROOM -10' X 11' KITCHEN-10' X 10' SELLING WITH LATE MODEL LG FRIDGE AND STOVE PLUS DW MAIN FLOOR 4 PCE BATH BEDROOM -9'4" X 10' BEDROOM - 9'11" X 13' 8" BEDROOM - 10' X 10" Closets in each bedroom Auctioneer JOHN VANKLAVEREN, VANKLAVEREN Auctions Inc. and youcanbid.ca call or text at 519-331-1095
1. There is a $50,000 minimum opening bid. 2. Highest bid is subject to vendor approval. This will be determined the evening of the Auction. 2. An irrevocable deposit of $15,000.00 will be required from the successful bidder Friday, June 30 at 10:30 am at the subject property, 954 Dearness Dr., London, On. At this time the Standard Agreement of Purchase and Sale will be completed. Kindly have Lawyers name and contact info ready. This amount needs to be in certified funds, bank draft or money order made payable to VANKLAVEREN Auctions Inc. in Trust. The funds must be in the account upon which the cheque is written at the time it is written. There is no charge to register for the Auction. 3. Closing will be in 30 days or sooner. 4. No conditions may be added to the agreement by the purchaser either at the Auction or otherwise. 5. Access to property will be at at closing. PROCEDURES & TERMS 1. All bidders and others attending this Auction agree that they have read and fully understand these terms and agree to be bound thereby. These terms are in addition to any other posted information if any. 2. Registration for the Real Estate and Contents Auction will begin online immediately at www.youcanbid.ca Anyone interested in bidding must register and obtain a bidding card. There is no charge for registering. 3. Questions will be entertained only prior to the commencement of the Auction proceedings. Kindly email any questions to john@vkauctions.ca 4. If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute. 5. Auctioneers reserve the right to reject any or all bids and reserves the right to bid on behalf of an absentee bidder. The existence of absentee bidders if any will be disclosed at the beginning of the auction. 6. Highest bid is subject to vendors approval. 7. Buyers Premium: There is a 10% Buyers Premium on this property, plus HST (on the Buyers Premium only) 8. Agency: Buyer acknowledges that the Auctioneer represents the seller. 9. Closing Costs: Purchaser will incur standard closing costs as would be the case through any Purchase of Real Estate in the Province of Ontario. 10. HST: The sale of this property known as 954 Dearness Dr., London, N6E1N5 is not subject to HST. There is however HST on the Buyers Premium portion only.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50,000.00 5.00 CAN
50,000.01 - 9,999,999.99 1,000.00 CAN
Currency CAN
Buyer Premium .
Payment Terms
1. There is a $50,000 minimum opening bid. 2. Highest bid is subject to vendor approval. This will be determined the evening of the Auction. 2. An irrevocable deposit of $15,000.00 will be required from the successful bidder Friday, June 30 at 10:30 am at the subject property, 954 Dearness Dr., London, On. At this time the Standard Agreement of Purchase and Sale will be completed. Kindly have Lawyers name and contact info ready. This amount needs to be in certified funds, bank draft or money order made payable to VANKLAVEREN Auctions Inc. in Trust. The funds must be in the account upon which the cheque is written at the time it is written. There is no charge to register for the Auction. 3. Closing will be in 30 days or sooner. 4. No conditions may be added to the agreement by the purchaser either at the Auction or otherwise. 5. Access to property will be at at closing.
Upon acceptance the winning purchaser will attend to the office of VANKLAVEREN Auctions Inc. on Friday April 21 at 9am AT 565 Front St. Wyoming, On. A Standard Agreement of Purchase and Sale with be completed and the purchaser will tender their deposit of a certified cheque made payable to VANKLAVEREN Auctions Inc. in the amount of Twenty Five Hundred Dollars.
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.