Alberta Auction Guide

Panorama Ridge Lots Described as: Plan # 0728923, Blk # 1

INVESTORS, BUILDERS, FAMILIEStake note and be prepared. These well located, large lots are selling unreserved regardless of price. Don’t miss this opportunity.

 Highlights:

• Only a few blocks from Ponoka Community Golf Course
• Lots 1 – 7 are designated as walk-out basement and have a westerly view
• Lots are larger than average with a minimum of 60’ x 120’ (excluding pie shaped lots)
• Busing is available to students
• Ponoka has recreation facilities include the swimming pool,  tennis courts, skateboard park, walking trail in the Battle River valley, arena complex with 2 ice surfaces and curling facilities
• Ponoka is host of Canada’s largest 7 day pro rodeo, the Ponoka Stampede, Coming soon to Ponoka is the Ag-Event Centre
• For complete info on town of Ponoka go to www.Ponoka.org
• Population is 6600+

Ponoka is located on the hwy #2 corridor and only 50 km from Red Deer and 100 km from Edmonton

Terms and Conditions for Real Estate

a) The property shall be sold to the highest bidder regardless of price at unreserved public auction.

b) The purchaser shall execute an Agreement of Purchase and Sale, provided by Re Max Real Estate Central AB., without modification, immediately after being declared the highest bidder.

c) The purchaser shall accept the property in an as-is condition as of closing date and the purchaser specifically agrees that the Seller, Auctioneer or Re Max Real Estate Central AB. (Ponoka) does not makes any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser as to the condition or fitness of the property, environmental or otherwise, or any improvements thereon. All descriptions, measurements and acreage provided by the Seller and the Auctioneer are meant as a guide only. The purchaser shall have satisfied himself as to the location and condition of the property and all descriptions with respect thereto, prior to bidding.

d) Re Max Real Estate Central AB. (Ponoka) is acting as an agent of the seller only. Not the purchaser.

e) This is a cash sale and not contingent on the purchaser’s ability to obtain financing.

f) The purchaser shall submit a NON-REFUNDABLE deposit to Re Max Real Estate Central AB. (Ponoka) in the form of a certified cheque, money order or bank draft, in the amount of ($5,000.00) five Thousand Dollars, Per Lot, immediately after being declared the highest bidder. The balance of the purchase price shall be paid at or before the closing.

g) All deposit earnest and purchase monies in respect to the property shall be paid to and deposited with Re Max Real Estate Central AB. (Ponoka)

h) No personal property shall be conveyed with the property unless specifically included in the purchase agreement.

i) Applicable Federal or Provincial taxes must be paid by the purchaser in addition to the purchase price.

j) Completion and closing of all real estate transactions will be handled by Re Max Real Estate Central AB. (Ponoka)   Closing will take place on the date that is 30 days after the date of the auction or such other date as may be mutually agreed upon by both the seller and the purchaser.

k) The purchaser will receive vacant possession on the date of closing.   

l) The buyer must register with Sekura Auctions Ltd. On or before 6:00 pm, Tuesday April 20^th, 2010.

m) Architectural restrictions do apply to this property and it is the responsibility of the buyer to be informed of them.

n) A 5% ( five percent) buyers fee applies to all real estate purchases.

For more information please contact  Todd Reed, Associate Broker, REMAX REAL ESTATE CENTRAL, PONOKA, AB 403-783-5007 (#2, 6000 – 48^th AVE.)

OR

SEKURA AUCTIONS 780-542-4337

 http://www.sekuraauctions.com/