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It is important to physically inspect
the property or inventory
that
you are interested in. |
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Before the auction event, make sure that you
have cash or Certified Funds. Personal
property is mostly are cash and carry. |
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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. |
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Read the Terms and Conditions and familiarize
yourself with them. |
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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. |
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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. |
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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. |
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If you are a successful bidder, you will be required to make
a down payment as per the Auction
Terms and Conditions. |