260 & 270 Kensington Avenue South, Estevan

Grasswood Auctions

 

Date(s) 10/27/2021 - 12/12/2021

Bidding Extended to December 12 at 2pm to accommodate out of province viewers

Past Auction
Online-Only Auction
Shipping Not Available
Auction Notice:

Commissions will be paid to Realtors with Buyers!

Auction Information
Name 260 & 270 Kensington Avenue South, Estevan
Auctioneer
Type Online-Only Auction
Date(s) 10/27/2021 - 12/12/2021
Auction Date/Time Info
Bidding Extended to December 12 at 2pm to accommodate out of province viewers
Preview Date/Time Call Kelly at 306-380-5255 or email grasswoodauctions@gmail.com to book a viewing!
Location
Buyer Premium 1% Buyer's Premium
10% down & remainder due within 30 days. The sale is being conducted by MNP Ltd. (the “Receiver”) in its capacity as Court Appointed Receiver of 101118672 Saskatchewan Ltd. (Formerly Korf Properties Ltd.). The Receiver has not set a minimum acceptable price. Both the Receiver and the principal secured creditor are motivated to sell. The Receiver intends to present any reasonable offer to Court, however, all offers are subject to Receiver and Court approval. The highest or any offer will not necessarily be accepted. The Receiver reserves the right to reject all offers and negotiate directly with any party. The Receiver reserves the right to sell to any party prior to the scheduled “Auction” date and/ or extend the “Auction” date as deemed appropriate. Acceptable offers will require the execution of a formal agreement acceptable to the Receiver for presentation to Court. The Receiver anticipates that a Court application can be made by the end of April and expects that sales will close at the end of April or as soon thereafter as can be accomplished. 10% down & remainder due within 30 days.. 1% Buyer's Premium will be added to the purchase price.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 CAD
95.01 - 975.00 25.00 CAD
975.01 - 100,000.00 250.00 CAD
100,000.01 - 9,999,999.99 1,000.00 CAD
Currency CAD
Buyer Premium 1% Buyer's Premium
Payment Terms
Applicable taxes will be added to purchase price.