Online Only Auction
Click Main Image For Fullscreen Mode
Price Realized Not Uploaded
Shipping Not Available
Date(s)
9/4/2024 - 9/11/2024
AUCTIONEER INFORMATION
Bidding Notice:

Please read the Bidder's Information Package (BIP) and RECO Information Guide. BIP Certification and RECO Information Guide confirmation need to be signed and returned to the office with a copy of your valid Driver's License so that you can bid online. It is highly recommended that you register early, even if you're not planning on bidding until the last hour. This will ensure that your ... Show More


Information
Lot # 6
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead OPEN HOUSES
Description
Saturday, August 31 | 1-3 PM Thursday, September 5 | 5-7 PM Saturday, September 7 | 1-3 PM NOTE: DO NOT BID ON THIS LOT. THIS IS FOR INFORMATION ONLY. BIDS ON THIS LOT WILL NOT BE INCLUDED IN THE REAL ESTATE BIDS. TO BID ON THE REAL ESTATE, BID ON LOT 1603
Name Sarnia Real Estate at Online Auction
Auctioneer
Type Online-Only Auction
Date(s) 9/4/2024 - 9/11/2024
Auction Date/Time Info
Auction opens Wednesday, September 4, 2024, at 8 am Auction begins to close Wednesday, September 11, 2024, at 6 pm
Preview Date/Time Open Houses: Saturday, August 31 | 1-3 PM Thursday, September 5 | 5-7 PM Saturday, September 7 | 1-3 PM
Checkout Date/Time Arranged with winning bidder
Location
Buyer Premium Buyer's Premium 6%
Description
Real Estate by Online Auction for the Estate of Wilfred & Marion Douglas We're absolutely delighted to introduce you to a truly special opportunity: LT 3 PL 318 SARNIA CITY; SARNIA, or simply put, 1603 Indian Road N., Sarnia, ON N7V 4E1 for the Estate of Wilfred and Marion Douglas. Get ready to explore this wonderful property located in Sarnia’s north end. Auction opens Wednesday, September 4, 2024, at 8 am Auction begins to close Wednesday, September 11, 2024, at 6 pm Open Houses: Saturday, August 31 | 1-3 PM Thursday, September 5 | 5-7 PM Saturday, September 7 | 1-3 PM If you have questions or to book a private viewing, please call the office at 519-882-4554 or John Stephens, Auctioneer | Broker of Record at 519-464-3560
PROCEDURES AND TERMS 1. All bidders and others attending this auction agree that they have read and fully understand the terms and agree to be bound thereby. These terms are in addition to all other posted information, if any. 2. Registration for the real estate auction will begin Wednesday, September 4, 2024, at 8 AM for LT 3 PL 318 SARNIA CITY; SARNIA, 1603 Indian Road N., Sarnia, Ontario. Anyone interested in bidding must complete the BIP Certification, RECO Information package form and register to bid on Hibid. 3. Announcements by the Auctioneer or the Vendor at commencement of the auction will take precedence over any previously printed material or any other oral statements made by anyone employed by, representing, or associated with the Auctioneers. 4. Questions may be directed to the office at 519-882-4554 or by email to info@greatwestteam.com 5. If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute. 6. Auctioneers reserve the right to reject any or all bids and reserve 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. This property is being sold subject to the owner's conformation. 7. Closing Costs: Purchaser will incur standard closing costs, as would be the case through and purchase of real estate in the province of Ontario. 8. HST: Harmonized Sales Tax will be applicable to Purchase Price (If applicable) and Buyer's Premium on closing and will be paid by the Purchaser. 9. There is a 6% Buyer's Premium added to the purchase price, becoming the contract price to be paid by the Purchaser. 10. BIP Certification, RECO Information Package, and copy of valid driver's license must be returned to the office before any online bids will be approved. Name on license, signing person on BIP & RECO Information Package, and registered name on HiBid must match. The signed BIP Certification and license copy can be returned to the office via email to info@greatwestteam.com Disclaimer Be advised that the information contained herein is to the best knowledge of the provider or was compiled from public information and is provided to you without warranties or representations of any kind, and the property if offered as is and where is, with all faults and that not warranties or representations are made in connection with the property whatsoever. Bidding Information The auction of this piece of real estate will take place in the same manner in which you would expect to bid on a piece of personal property. The Auction will move at a slower pace (5 minute soft close) to ensure that every person clearly understands the amount of the previous bid. You will have the opportunity to bid as many times as you like and upon conclusion the highest bidder will be declared the buyer subject to the approval of the vendor. The Auctioneer's decision is final. What Happens Next? 1. A deposit of $10,000 will be required from the successful bidder immediately following the auction. This amount need not be certified; however 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 this auction. 2. Closing will be Friday, October 11, 2024. 3. No conditions may be added to this agreement by the purchaser either at the auction or otherwise. 4. The purchaser's lawyer will be allowed until 2 weeks prior to closing to inspect title 5. 6% Buyer's Premium added to the purchase price.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 390,000.00 10,000.00 CAN
390,000.01 - 420,000.00 5,000.00 CAN
420,000.01 - 9,999,999.99 1,000.00 CAN
Currency CAN
Buyer Premium Buyer's Premium 6%
Payment Terms
What Happens Next? 1. A deposit of $10,000 will be required from the successful bidder immediately following the auction. This amount need not be certified; however 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 this auction. 2. Closing will be Friday, October 11, 2024. 3. No conditions may be added to this agreement by the purchaser either at the auction or otherwise. 4. The purchaser's lawyer will be allowed until 2 weeks prior to closing to inspect title 5. 6% Buyer's Premium added to the purchase price.
Title transfer arranged with winning bidder