land auction for estate of harold hodgson

FRASER AUCTION SERVICE LTD.

28 February, 2017 1:00 pm

Click the PDF tab to view a complete package with opening bid form.

 

LAND AUCTION

INVITATION TO

SUBMIT A WRITTEN OPENING BID

&

BID BY PHONE AUCTION

Please accept our invitation to submit your opening bid and become eligible to take part in this upcoming land auction. By completing this opening bid form you will be taking part in the phone bid auction of 2 quarter sections in the R.M. of Grassland.

NW15-6-23W & DES NE16-5-23W in the RM of Grassland

I would like to thank you in advance for your interest in this land auction. Should you have any questions regarding this auction and or the process in which it will be conducted please feel free to contact me directly on my cell              1-204-724-2131 or e-mail fraserauction@gmail.com

 

SELLER INFORMATION:

 

Seller:        Estate of Harold Edwin Hodgson

                   Hartney, MB.

Executors:

Dennis Hodgson 1-956-854-4049

Kenneth Lewis 1-204-858-2017 or 1-204-522-5524

 

LAND INFORMATION:

Information on land to be sold by written opening bid and phone auction:

Consists of 2 quarter sections of land approx 154.09 & 160.00 acres (Based on 2016 tax assessments)

Copies of Property Tax Bills are included in package showing assessments and acre area.

R.M. map showing properties is also included in package.

EXCLUSIONS TO LAND:

  1. All mines and minerals pertaining to properties are excluded from this sale.
  2. All grain in bins. Seller has until August 1st 2017 to empty the bins.

        CAVEATS: The buyer will accept title subject to existing caveats and the land in its current condition.

Property Descriptions: To be sold as two (2) individual parcels

Parcel #1

DES NE16-5-23W RM of Grassland Approx 154.09 acres Title #1697178 MASC soil rating (F)

Approx 60 acres seeded in 2016

Approx 50 acres pasture land (no bush),

Approx 30 acres cultivated low land and water runs

Approx 20 acres yard site

Yard site contains an early 60’s construction 3 bedroom bungalow, and 3 pole construction style sheds and out buildings. One of the sheds is large enough to store a combine. House has a sewer ejector and has been inspected by Water Stewardship and will need to be extended to 200' from dwelling. It is currently at 120'. This will be the responsibility of buyer and at buyers expense. Work must be done in the 2017 calander year.

1-2500bus hopper bottom bin on cement

1-3200 *1-3800 *2-1650 *2-1350 *1-1000bus flat bottom bin on cement

 

Parcel #2

NW15-6-23W RM of Grassland Approx 160.00 acres Title #1696846 MASC soil rating (F)

Approx 140 acres seeded 2016

2-1650 * 1-1350bus flat bottom bin

 

How the Written Opening Bid /Phone Auction process will work:

  1. Interested parties will be required to complete and return an opening bid on the parcels for sale to Fraser Auction Service by 5:00pm Monday February 27th 2017.
  2. Only those who complete and return an opening bid will be eligible to take part in the phone auction to take place starting at 1:00pm Tuesday February 28th 2017.
  3. Opening bids will be placed and bidding will be by dollars per acre.
  4. Acre area based on current Tax assessments.

 

IMPORTANT DATED TO REMEMBER:

  1. Monday February 27th 2017 (Opening bids close at 5:00pm)
  2. Tuesday February 28th 2017 (Phone auction takes place starting at 1:00pm)
  3. Monday April 3rd 2017 (Closing & Possession Date)

 

HOW IT WILL BE CONDUCTED:

  1. Opening bids will be opened the day following opening bids close.
  2. All parties that send in an opening bid will be placed on the phone auction call list.
  3. Parties will be placed on the call list in the order of value of opening bids (lowest to highest)
  4. The lowest bidding party will be the first to be called and will be told the highest opening bid amount and at that time they have the opportunity to increase their bid to exceed the current highest bid.
  5. If parties are unwilling to increase their bid to exceed current high bid by at least the minimum bid set by the auctioneer they will be removed from the call list and out of the bidding.
  6. This will continue until only one bidder (highest bidder) remains.
  7. Once highest bid is determined it will be forwarded to lawyer for presentation to seller for review.
  8. If bid is accepted the buyer will be required to complete an offer to purchase with a deposit of $25,000.00 with lawyer the next business day.
  9. If high bidder fails to complete documents then the next highest bidder’s high offer will be reviewed by seller for acceptance.
  10. Date set for closing and take over will be April 3rd 2017 (Balance of sale will be due on or before take over date.)
  11. Buyer is responsible for his or her own cost associated with the purchase of this land.
  12. Buyers must use their own inspection as to environmental status, zoning, acre area, condition of land & building, and access to property.
  13. 2016 taxes will be paid by seller. 2017 and forward to be paid by buyer.

 

Notes:

Seller has until August 1st 2017 to empty the bins.​

House has a sewer ejector and has been inspected by Water Stewardship and will need to be extended to 200' from dwelling. It is currently at 120'. This will be the responsibility of buyer and at buyers expense. Work must be done in the 2017 calander year.

 

 

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. FRASER AUCTION SERVICE LTD., agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.