Auction Bidder's Tips
It is important to physically inspect the property or inventory that you are
interested in before the auction event; make sure that you have the cash needed -
most are cash and carry.
If you will need financing you must make
arrangements before auction day because auction day purchases are not contingent
upon the bidder obtaining financing.
Read the Terms and Conditions and familiarize
yourself with them.
What to expect on Auction Day. Try to arrive at
least 30 minutes early for an important pre-auction seminar for first time auction bidders.
The entire auction process will be explained and
demonstrated before the auction begins.
All items or property are sold "subject to the
SELLERS confirmation" unless noted otherwise by the bid package, Terms and
Conditions and by the Auctioneer can be changed at anytime up-to the time of
the bid calling.
This means that the SELLER has the right to accept or reject
the high bid. SELLERS will be present or available on phone and the answers will
be immediate.
A BUYERS PREMIUM fee added to the
bid price of each property that is sold on auction day. This fee becomes a part
of the total contract price paid by the purchaser and is used to defray a
portion of the costs involved in conducting the auction event.
If you are a successful bidder, you will be required to make payment as per the
Auction Terms and Conditions;
Service1-800-251-0746.