SOLD SOLD SOLD! UNRESERVED 75 Acre Farm Auction-The Estate of Ernest Hoey-Being SOLD to the Highest Bidder!
SOLD SOLD SOLD! UNRESERVED 75 Acre Farm Auction-The Estate of Ernest Hoey-Being SOLD to the Highest Bidder!
Text/Call John at 519-331-1095
SOLD SOLD SOLD! UNRESERVED 75 Acre Farm Auction-The Estate of Ernest Hoey-Being SOLD to the Highest Bidder!
Rarely does an opportunity present itself to purchase such an amazing property at Online Auction.
Ernie Hoey and his late wife Laurie accomplished much in life. Being a partner in Sandercock Construction for many years, farming, and accumulating many properties, however His pride and joy was the family farm at 3349 Michigan Line. Ernie custom designed and built the 2000 sq ft. rambling brick bungalow, combining the country feel of a classic farm home with a refined area of class and features of comfort, all set in the sublime setting of the many established trees, the lovely pond, through acres of bush, over bridge and creek, and rolling rich farmland.
Open Item for full description and all details.
When: Opens Saturday, September 23 at 7am and Starts Closing Tuesday, September 26 at 7pm (5 min Soft Close in Effect)
Where: 3349 Michigan Line, Camlachie, On
2% Buyers Premium
Auction Terms & Conditions: UNRESERVED--Being SOLD to the Highest Bidder!
1. TO BID: A bidder must register on our website complete with all contact details and credit card. No Fees to register.
2. There is a $250,000.00 opening bid. 3. Highest Bid is Subject to Sellers Approval. 4. The Standard Agreement of Purchase and Sale will be completed and signing done at Buyers Location or Docusign (Online Signature) following Auction Close on Tuesday, September 26.
5. Upon being declared SOLD the purchaser will tender their deposit, an irrevocable (non-refundable) deposit of $50,000.00 will be required from the successful bidder upon acceptance and at signing. This amount needs to be in certified funds, 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. 6. Closing will be on Thursday, October 26th or sooner. 7. No conditions may be added to the agreement by the purchaser either at the Auction or otherwise. 8. Access to property will be at at closing with no exceptions. 9. This is an Online Only Auction with Youcanbid.ca. Please register in good time before the event to insure a smooth bidding experience. "SOFT CLOSE" is in effect ( A soft close prevents individuals from entering a bid at the very last second before an auction closes with the intent to prevent others from bidding higher.) Youcanbid.ca has a five-minute soft close policy on each lot.
PROCEDURES & TERMS:
1. All bidders participating in 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 Auction will be online only at www.youcanbid.a.ca. Anyone interested in bidding must register. There is no charge for registering.
3. Auctioneers reserve the right to reject any or all bids and reserves the right to bid on behalf of an absentee bidder.
4. Buyers Premium: There is a 2% Buyers Premium on this property, plus HST.
5. Agency: Buyer acknowledges that the Auctioneer represents the seller.
6. Closing Costs: Purchaser will incur standard closing costs as would be the case through any Purchase of Real Estate in the Province of Ontario.
7. HST: If the sale of the Real Property as described is subject to Harmonized Sales Tax (HST), then such tax shall be in addition to the Purchase Price. * BE AWARE of how HST is applicable to farmland and the steps required to have it waived*
8. UNRESERVED-Being SOLD to the Highest Bidder!
Bidding Notice! This is an internet Only Auction. All bidding activity is open and will take place Online. Bidding increments are set to $1000.00. It is possible to type in a higher bid and the system will keep you in up to your maximum amount. This auction is subject to a 5 minute "Soft Close", meaning that if a bid is received in the last 5 minutes an additional 5 minutes is added to the clock. It will close when there is 5 minutes of inactivity.