Real Estate: Ten percent (10%) down day of the auction. Balance due at closing 30 days after the sale. A 10% Buyer’s Premium will be added to the last bid to establish the final contract price. Property sold As Is, where is; not subject to financing or inspection. Auctioneer and auction staff are agents to the seller. In this type of relationship, the agents owe the seller loyalty, obedience, confidentiality, accounting, and reasonable skill and care in performing their duties contained in an agency agreement. The agent and brokerage are required to act solely on behalf of the seller’s interests to seek the best price and terms for the seller. They also have an obligation to disclose any information to the seller from a buyer or any other source. Buyer’s shall rely entirely on their own judgment and inspection of records and property. Taxes are pro-rated. Any other terms and conditions will be announced the day of sale.
Terms and Conditions of Sale
1. EVERYTHING MUST BE PAID IN FULL ON THE DAY OF
AUCTION regardless of when it is picked up.
2. Everything will be sold “as is, where is”, with no guarantees of any
kind, regardless of statement of condition made from the auction block.
3. Every effort is made to “guard” merchandise throughout the auction;
however, the bidder becomes solely responsible for all items purchased
by him immediately following his winning bid. There fore, he is ad
vised to further guard his items at his own discretion.
4. The bidder is responsible for knowing which item he is bidding on. If
he is unsure, he should inquire or not bid. When you become the win-
ning bidder at auction you have effected a contract and will be ex
pected to pay for items in which you were evidenced to be the success-
ful bidder. Auctioneer will not honor “mistakes”.
5. The Auctioneer reserves the right to accept bids in any increment he
feels is in the best interest of his client the seller. The Auctioneer
reserves the right to reject bidding of any person whose conduct,
actions, or adverse comments he feels are not in the best interest of the
6. A 10% buyer premium will be added to the final bid price to establish the final contract price.