• All Real Estate Auction are offered with reserve, unless advertised absolute

• The auction will have a buyer’s premium of 10% added to the final bid price.

• The property is NOT being subject to sale before the auction. All offers should be made as a bid on the bidding website.

• The property sell AS-IS with no warranty expressed or implied

• Down Payment of $10,000 is required to be arranged by the buyer within 2 hours after of the closing bid. This can be paid via certified funds, wire transfer.

• Property is being sold with NO inspections or appraisals

• This auction will have a soft close. Any bids turned in within 3 minutes of the auction closing will extend the bidding process another 3 minutes. Auction will close after there is no bidding within a 3-minute time period.

• Any winning bidder(s) will be required to sign a purchase agreement day of auction closing.

• Bidding increments are set by the auction company. All bidders will be required to bid accordingly to the set increments.

• Closing Dates are NOT contingent upon financing.

• Any inspections, appraisals, or previews of the property must be done before the auction closing date. No previews will be offered for the property on the auction closing day.

• Please reference the purchase agreement for questions on taxes, AS-IS, inspection / appraisal, closing times, earnest funds, and other information.

• Property is being sold subject to sellers’ confirmation (sells with reserve). Highest and/or best bid could be accepted by the seller. Seller could accept a cash offer that is less than a financing highest bid.

• All bids placed online are considered legal and binding offers.

Real Estate Online Bidding Auction 6100 N. Old State Rd. 421 St. Paul, IN 47272