LIVE REAL ESTATE AUCTION - THURS. OCTOBER 22nd @ 6PM

No internet bidding

Shackelton Auctions Inc.

20801 Cherry Hill Road

Thamesford, ON N0M 2M0

Date(s) 10/8/2020 - 10/22/2020

LIVE at 20801 Cherry Hill Rd. Thamesford, October 22nd @ 6pm

Past Auction

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Catalog

View Catalog (1 Lots)

Bidding Notice:

TERMS: Down payment of $50,000 day of auction, balance due on closing in 30 days. Property selling subject to minimal reserve.

Auction Information

Name	LIVE REAL ESTATE AUCTION - THURS. OCTOBER 22nd @ 6PM
Auctioneer	Shackelton Auctions Inc.
Date(s)	10/8/2020 - 10/22/2020
Auction Date/Time Info	LIVE at 20801 Cherry Hill Rd. Thamesford, October 22nd @ 6pm
Preview Date/Time	#20801 Cherry Hill Rd Thamesford October 20th 2-4pm or by contacting auctioneers.
Checkout Date/Time	TERMS: Down payment of $50,000 day of auction, balance due on closing in 30 days. Property selling subject to minimal reserve.
Location	20801 Cherry Hill Road Thamesford, ON N0M 2M0
Buyer Premium	0% buyers premium
Description	LIVE REAL ESTATE AUCTION 27 ACRE FARM LAND WITH HOME AND OUTBUILDINGS Selling for Graham Burrell (moved to retirement residence)– on location #20801 Cherry Hill Road, Thamesford Ontario N0M 2M0 located 5kms west of Thamesford on HWY #2 (Dundas St.) then 4 kms north on Cherry Hill Road – north of Huron Tractor ***THURSDAY EVE OCTOBER 22ND, 6:00PM*** Excellent country property featuring 27.7 acre +/- with 20 acres +/- workable, the balance being bush and yard. Two story home with 4 bedroom and 1.5 baths. Backyard 15’x36’ pool with surrounding wooden deck. Propane furnace, newer pressure system & water softener and 100amp service. Out buildings include a newer 30’x30’ Quonset workshop, older 30’x55’ workshop and 20’x40’ storage buildings. 2020 Final taxes were $2,722.79. For more info see our website LEGAL DESCRIPTION: #20801 Cherry Hill Road, Thamesford Ontario N0M 2M0. CONC 6 N PT LOT 7 located in the Municipality of Thames Centre – Tax Roll # 36 26 031 030 1201 0000. VIEWING: #20801 Cherry Hill Rd Thamesford October 20th 2-4pm or by contacting auctioneers. TERMS: Down payment of $50,000 day of auction, balance due on closing in 30 days. Property selling subject to minimal reserve. NOTE: An excellent opportunity to purchase a country property! This is a live auction, attendants must wear a mask and social distance.

Terms and Conditions

CONDITIONS OF SALE 1. The property is described as #20801 Cherry Hill Road, Thamesford Ontario N0M 2M0. CONC 6 N PT LOT 7 located in the Municipality of Thames Centre – Tax Roll # 36 26 031 030 1201 0000 shall be sold as is, where is, subject to minimal reserve bid. 2. The highest bidder shall be the purchaser. In any case of dispute between bidders, the property shall be immediately put up for auction again. No person shall retract his/her bid. 3. The purchaser, at the time of sale, shall pay a deposit of $50,000.00 dollars of the amount of the purchase money, and the sale shall be completed within 30 days when the balance of said purchase money shall be paid unless previous arrangements have been made. HST where applicable will be charged. 4. Advertised acreages of 27.7 acres and workable acreage of 20 +/- is an approximate acreage and is not grounds for dispute. There are no guarantees or warranties with respect to water, septic or soil. Current corn crop is not included. 5. Immediately after the sale the purchaser shall sign a contract to complete the sale according to these conditions. 6. All adjustments of insurance, rents, local improvement rates and other assessments to be apportioned to the date of completion of sale, when possession shall be given. 7. The purchaser shall not be entitled to 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 Solicitor within 15 days from the date of auction, 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 defaulter. 10. Time shall be of the essence of these conditions.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 500,000.00	25,000.00 CAD
500,000.01 - 9,999,999.99	50,000.00 CAD

Payment Information

Currency	CAD
Buyer Premium	0% buyers premium
Payment Terms	TERMS: Down payment of $50,000 day of auction, balance due on closing in 30 days. Property selling subject to minimal reserve.

Shipping / Pick Up

TERMS: Down payment of $50,000 day of auction, balance due on closing in 30 days. Property selling subject to minimal reserve.

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.