Tips BID To BUY

 Home ] Up ] [ Tips BID To BUY ] JOIN Auction_Hotline ]

Auction Bidder's Tips

bullet

It is important to physically inspect the property or inventory that you are interested in.

bullet

Before the auction event, make sure that you have cash or Certified Funds. Personal property is mostly are cash and carry.

bullet

If you will need financing you must make arrangements before auction day; this is because auction day purchases are not contingent upon the bidder obtaining financing.

bullet

Read the Terms and Conditions and familiarize yourself with them.

bullet

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.

bullet

Most often Sellers will sell "Subject to the SELLERS Confirmation" unless noted otherwise by the bid package; with personal property items will be sold Absolute more often than not. Terms and Conditions and by the Auctioneer and 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.

bullet

There will be 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.

bullet

If you are a successful bidder, you will be required to make a  down payment as per the Auction Terms and Conditions.


 

 Home ] Up ] [ Tips BID To BUY ] JOIN Auction_Hotline ]

Note: All dimensions, descriptions of property and other information provided by or on behalf of the Auctioneer or Seller are based on information supplied to Auctioneer BY The Seller and are subject to possible variations.  NOTE: Prior to Making an Offer or Bid, Pospective Buyers Should Conduct Due Diligence. Loan Modification Programs Helps Avoid Foreclosure.
Copyright © 2008 Bretton Woods 1gavel.com. Bretton Woods 38 Lincoln Ter. Yonkers, NY 109061-800-251-0746
auctioneer@1gavel.com  Last modified: August 15, 2008