How the Auction Works for This Condo
- Starting Price: The auction for this condo begins at $665,000.
- Daily Price Reduction: Starting October 1st, the price will drop by $1,000 each day until someone decides to buy it.
How to Make an Offer:
1. To Claim the Current Price: You can make an offer at any time by either:
- Emailing Fred at GoderichCondo@gmail.com
- Calling Fred at 519-373-2100.
2. What Happens After an Offer is Made:
- Once we receive your email offer, the price is locked at that day’s price.
- If we receive multiple offers, they will be held in a queue in case the first offer falls through.
3. Next Steps After Your Offer is Accepted:
- We will ask for a signed offer to buy the condo at the agreed-upon price.
- If the first sale doesn’t go through, we will move to the next offer in line.
Important Details:
- Cash Sale Only: We are only accepting cash offers with no conditions.
- Auction End Notice: We reserve the right to end this auction at any time and list the condo through a traditional real estate agent and MLS. At that point, the auction and current pricing will no longer apply.
Stay Updated:
- Check the "NEWS" section at the top of this website regularly. It will show the current price and indicate if there is a "HOLD" on the property because of a received offer.
Additional Information:
- If you know someone who might be interested in buying this condo, refer them to us. If they end up purchasing it privately, you’ll receive a $5,000 gift!