Name House for Auction in St Thomas
Auctioneer Timewell Auctions
Type Online-Only Auction
Date(s) 12/1/2022 - 12/7/2022
Location 85 Mandeville Rd
St. Thomas, ON
Buyer Premium 2% buyer premium in effect
Description
Lovely 3 bedroom home located half a block from the public school and one block from the hospital and situated on a beautiful ravine lot. This is an estate sale and therefore being sold as is with no conditions and no reserve The new owner will take possession 10 days following the sale close
Auction Terms & Conditions REGISTER to bid. Simply answer a few basic questions. It is ABSOLUTELY FREE. We collect credit card information to verify that you are of legal age and that you are who you say you are. Please note that this is a secure site. All data is encrypted and PCI compliance is in place and up to date SSL certificates are maintained. If you win the bid your credit card will be charged . DEPOSIT: The purchaser shall at the time of auction pay a deposit of five percent (5%) of the highest bid and payable as follows: AGREEMENT: Immediately after the sale the purchaser shall sign a contract to complete the sale according to these terms. These conditions of sale shall be attached to and form part of the contract. AUCTION PREMIUM: The purchaser agrees to pay to Timewell Auctions a premium. The premium shall be two percent (2%) of the highest bid plus applicable taxes on such premium. The purchaser further as auctioneer shall be in addition to the highest bid. Provided that the purchaser has not given notice of objection in accordance with paragraph 6 ("Title Search"), the premium is payable and due on the closing date in accordance with paragraph 6. CLOSING DATE: The sale shall be completed within twenty (10) days thereafter, when the balance of said purchase money shall be paid. ADJUSTMENTS: 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. INACCURACIES, ETC: The description and information respecting the property in the 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. AS IS: The purchaser will accept the property on an "as is where is" basis as it exists on the date of closing without regard for, without limitation, its state of repair, defects in workmanship and location of structures. The Vendor makes no representations or warranties as to title or condition of any fixtures or chattels on the property. TITLE SEARCH: The purchaser shall not be entitled to any abstract or other evidence of title not in possession of the vendor, and shall make any objections to the title in writing to the vendors solicitor, SOFT CLOSE. In order to prevent sniping ( people tyring to win the bid by bidding at the last second) we offer a soft close. If there is a bid on an item during the last 3 minutes of bidding, it will force the bidding to remain open on this item for another 2 minutes. This will carry on until all bidding has closed. If you do not understand this soft close please contact us for clarification. SUSPENSION/ PERMANENT BAN.. A bidder will be suspended or permanently banned from Site for providing false information when registering. A bidder will be permanently banned from this site for failing to honour an auction bid under the bidder's number. By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to the all of the above terms. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50.00 2.50 CAD
50.01 - 100.00 5.00 CAD
100.01 - 490.00 10.00 CAD
490.01 - 4,950.00 10.00 CAD
4,950.01 - 7,400.00 20.00 CAD
7,400.01 - 50,000.00 50.00 CAD
50,000.01 - 100,000.00 100.00 CAD
100,000.01 - 500,000.00 200.00 CAD
500,000.01 - 9,999,999.99 250.00 CAD
Currency CAD
Buyer Premium 2% buyer premium in effect
Payment Terms
2% buyer permium in effect 5% down payment due imediately following the sale close in the form of a bank draft This sale will close in 10 days following the sale close