Auction Terms & Conditions $2,000 down from successful bidder, selling as-is. 10% buyer’s premium will be added to final bid to establish contract price. Closing within 30 days from executed auction purchase contract. Closing and title work at TBD
LIVE & ON-LINE AUCTION TERMS & CONDITIONS
VERY IMPORTANT! READ CAREFULLY BEFORE YOU ATTEMPT TO BID. ONCE YOU BID, YOU WILL BE BOUND LEGALLY BY THE FOLLOWING TERMS AND RULES THAT ARE STATED HERE.
NOTE: This is a "soft close" auction. This prevents the item or items up for bid from being "sniped" from bidders in the last few seconds of the auction. In this case, the soft close is set to 5 minutes. This means that any bids that are placed in the last 5 minutes of the auction will automatically extend the auction an additional 3 minutes.
THERE IS A 10% BUYER'S PREMIUM IN EFFECT FOR THIS AUCTION.
GENERAL TERMS: Home selling as-is with no contingencies! The auction will be conducted by Don Rose Auctioneers, LLC d/b/a Don Rose Auctioneers (Auctioneer) on behalf of the owners of the property, referred to as the Seller. Auctioneer is not responsible for the acts or representations of Seller. The auction shall be governed by the terms set forth herein (the agreement), and any additional terms and conditions that are posted concerning the specific property. The Agreement constitutes a valid, binding contract between individuals participating in the auction with the intent to purchase property, referred to as the Bidder or Buyer, and Seller/Auctioneer. The term Bidder or Buyer shall include, but not limited to, the individual or the company represented by the individual and any and all of its agents, employees, representatives, officers, and directors. Auctioneer is not responsible for statements made by the Bidder, Buyer, or other parties. Auctioneer reserves the right to periodically change the terms and conditions of the Agreement, which shall be effective immediately upon posting. It is the Bidders responsibility to review any and all changes made to these terms and conditions prior to bidding on property. The act of submitting a bid shall constitute Bidder acceptance of each and every term and condition contained herein, any additional terms and conditions posted with the property, and any changes made within the full agreement. All persons attending, inspecting or removing property assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer from all liability. Auctioneer is not liable by reason of any defect in, or condition of, the property or the premises on which the preview/sale is held. Auctioneer is released for any claims to actual damage to the property sold and/or consequential damages that may result from the sale of defective property.
This is minimum bid auction.
Auction Registration: You must register online at DonRoseAuctions.com and click on the "Online Auctions" tab. If you will be bidding on real estate, you must be able to bring in proof of funds if purchasing real estate with cash or a valid pre-approval letter from your bank if financing. You will be required to bring in a check in the amount of $2,000 and sign all necessary documents within 24 hours with conclusion of auction.
Seller User Terms
Bidder User Terms