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----- No Bids for Auction ----- |
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To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
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While auction is "active", all bids MUST be placed online. Written offers will not be accepted.
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Winning bid is subject to seller approval.
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Buyers agent commission of 2.5% is being offered if, the agent is representing a client.
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All bids are placed in US Dollars.
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If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
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The bidding will be open and everyone will have access to the bid history during the auction.
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As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
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If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
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The high bidder will be notified via email after the auction ends.
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Seller reserves the right to postpone or cancel this auction at any time for any reason.
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Sale is “as-is”, "where-is" with all faults. No warranties expressed or implied. Seller will make no repairs.
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Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount based on the terms described here.
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Closing will take place at seller's title or escrow company within 30 days of signing the contract.
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When contract is signed, winning bidder will pay a 10% or a $1000 dollar minimum earnest money deposit per asset, whichever is greater, to be held at title or escrow company handling the closing.
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Winning bidder may, at their option and expense order a title examination and insurance.
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This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price. |
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