Bidding Not Open Yet
Bidding opens for this lot at 2:00 PM Thu Jan 16, 2025 (UTC-7 : PDT/MST)
Bidding deadlines for lots 1, 2 are synchronized. Their deadlines will extend & end together.
Dear Valued Bidders,
Welcome to this RE/MAX Prairie Realty AUCTION! We are delighted to have you join us for this exciting sale, and we appreciate your interest.
We are committed to providing a transparent and efficient platform for your land acquisition needs.
Thank you for choosing to be a part of this sale. We wish you the best of luck in your bidding endeavors. If you have any questions or need assistance, our team is here to help. Happy bidding!
Be sure to create an account to sign up
BIDDING OPENS 2:00 PM JANUARY 16th, 2024, CLOSING 3:00 PM MST
THE HOME HALF – With the yard site on the far west side of the quarter with easy access to pavement this parcel gives flexibility galore. Whether you need a house for the next generation, hired help, or looking to subdivide off and sell, the 1,180 square foot home has been extensively renovated featuring an open floor plan with 2 bedrooms up and a self-contained 1 bedroom basement suite. A great set-up for a revenue property or housing employees. The yard site also has two quonset style shops (one heated with a power overhead door) along with a barn. NOTE: tanks, panels, etc will be removed prior to possession. Current occupant of the home is paying $1,400 per month (not including utilities). Buyer will assume tenant upon the February 28th, 2025 possession outlined in the purchase contract, with the house being vacated on June 2nd, 2025. The home also has a newer septic tank and all appliances are included. There are three existing water wells in the yard (1 for house, 2 for cattle). Vendor reports the last three years of crops are: Canola (24), Wheat (23), Canola (22) with 180 acres cultivated with more available to be broke. Total acres on title is 261. Annual taxes for the half section are just $1,655.87. This parcel, along with the adjoining lot provide the opportunity of 420 consecutive acres in the MD of Wainwright between Vermilion and Wainwright.
View the virtual tour of the house here: https://rem.ax/3Z88slG
House floorplan link: https://rem.ax/3Z9Cp4H
Location link: https://rem.ax/3ZcAEUB
To view the yard site contact Bryce Cooper, RE/MAX Baughan Realty – 780-842-7007
For more information about the land or auction process itself contact Shawn Jacula, RE/MAX Prairie Realty – 780-581-9011
**BOTH LOTS ARE TIMED TOGETHER, SHOULD A BID OCCUR IN THE FINAL MINUTES ON ONE LOT, BOTH LOTS TIMES WILL BE EXTENDED
Auction Location:
RPR Auction, Located between Wainwright and Vermilion, Alberta, Canada
Previewing Details:
THE ADJOINING SE – Range Road 52 leads straight into this quarter section which not only provides 90 cultivated acres (159 titled) but a beautiful scenic ravine… the old homestead site would be a beautiful yard site once again. Vendor reports the last three years of crops are: Canola (24), Wheat (23), Canola (22). Annual taxes are just $191.40. This parcel, along with the adjoining lot provide the opportunity of 420 consecutive acres in the MD of Wainwright between Vermilion and Wainwright.
For more information about the land or auction process itself contact Shawn Jacula, RE/MAX Prairie Realty – 780-581-9011
**BOTH LOTS ARE TIMED TOGETHER, SHOULD A BID OCCUR IN THE FINAL MINUTES ON ONE LOT, BOTH LOTS TIMES WILL BE EXTENDED
https://rem.ax/4fPb7X0
Location link: https://rem.ax/4fPb7X0
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
As per published Purchase Contract due to seller's lawyer.
Accepted Payment Methods:
1. Registration and Bid Acceptance:
By registering and accepting a Bid Number, participants acknowledge and agree to abide by the Terms and Conditions outlined herein. Registration is required for each auction.
2. Financial Documentation:
Once registered to bid, request for financial pre-approval will be requested via email.
3. Payment:
All payments must be made in Canadian funds. Deposit payment methods include certified cheque or bank draft. G.S.T. will be charged in addition to the accepted bid amount where applicable.
4. Faciliators's Decision:
The highest bid acknowledged by the Facilitator/Auctioneer will be considered the winning bid. In the event of a dispute, the Auctioneer reserves the right to determine the successful bidder or re-offer the lot at their discretion.
5. Solidifying Transaction:
Both Purchaser and Vendor must sign an agreement of sale with written sale terms. No bidder may retract a bid once made and accepted.
6. Property Information:
The property information is based on third-party sources, and RE/MAX Prairie Realty cannot guarantee accuracy. Buyers are advised to confirm the property's suitability for their intended use.
7. Item Condition:
All items are sold "as is" and "where is," and the risk transfers to the buyer once the Auctioneer declares the item sold. All sales are final and binding.
8. Auctioneer's Announcements:
Announcements made by the Auctioneer on the sale day take precedence over printed material.
9. Liability Release:
RE/MAX Prairie Realty will not be held responsible for any injuries sustained by individuals while inspecting the land or during the sale. By registering, participants release RE/MAX Prairie Realty from any legal or financial encumbrances.
10. Force Majeure:
In the event of a situation beyond our control (e.g., power outage, cellular provider issues, internet connection failure), RE/MAX Prairie Realty reserves the right to delay the auction closing until issues are resolved. Additionally, RE/MAX Prairie Realty reserves the right to reopen bids on lots that closed during the issue. The best interests of both sellers and buyers will be prioritized in such situations.
11. Notification to Successful Bidders:
Successful highest bidders will be notified of their success at the sale's expiration and contacted by email after the sale. The email will provide information on the process for delivering the signed Offer to Purchase (OTP) and the deposit amount.
12. Non Completion:
In the event the high bidder does not complete, RE/MAX Prairie Realty and the Seller reserve the right to mitigate damages. The Defaulting Party agrees to pay liquidated damages to the Seller and RE/MAX Prairie Realty, including a non completion fee of 10% of the ending sale agreed upon price.
13. Seller's Approval:
All highest bids are conditional on the Seller's approval. Bidders acknowledge bidding on both price and terms of the Offer to Purchase, agreeing to read and understand posted Offer to Purchase for each Parcel.
14. Acknowledgment by Bidders:
Bidders confirm they have had the opportunity for independent legal advice, fully understand the transaction, bid freely and voluntarily, and bid for their benefit.
Thank you for your trust!