ONLINE BIDDING TERMS:
Any competent adult with a satisfactory photo identification who properly registers and complies with the Terms of Auction may bid. Bidder must present a $5,000.00 cashier's check to Mullen Abstract the close of auction. There will be a 10% buyers premium added to the final bid to equal the contract sales price. Closing within 30 days. This contract will not be contingent upon the buyer's ability to obtain financing. If buyer is unable to obtain financing or otherwise defaults, he or she will forfeit their earnest money. Property sells 'as is' where is without any warranties expressed or implied. If the high bidder does not submit the down payment and sign the contract by 4:00 pm the day after auction day, the seller will not be obligated to sell the property to the high bidder and may immediately enter into a contract with another buyer. Defaulting Buyer will still be responsible for down payment. Seller nor auction company are responsible for any cleanup of the property or of any remaining personal property left after auction pick-up. After closing, remaining personal property becomes property of the buyer. Extremely motivated sellers!! No reasonable offer refused. Potential Buyers MUST sign a Bidder Certification Form.
*Subject to Owner confirmation
*NO Survey provided
Click on the FILES tab for Bidder Certification Form
* NOTICE TO BIDDERS AND BUYERS OF AUCTIONEER'S RIGHT TO REPOSSESS AND RECOVER DAMAGES:
By placing any bid, each Bidder or Buyer -
1) understands that Auctioneer or Seller incurs actual damages by non-performing Bidders or Buyers.
2) understands that Auctioneer or Seller may repossess any property not paid for by midnight on the day of auction pick-up regardless of invoice payment status. A Storage Fee equal to any payments, may be levied at midnight on the day after auction pick-up ends. Defaulting Buyer account may be closed, and a black flag notification may be sent to the MarkNet Alliance removing registration access to all MarkNet websites.
3) understands that Auctioneer or Seller may request assistance from a third party to recover damages incurred as the result of a non-performing Bidder or Buyer.
Please do not wait until the last minutes of the auction to register or call the auction company. Our office staff is typically extremely busy at this time, and we cannot guarantee getting to your questions or concerns during that time frame. We highly suggest that you utilize the max bidding feature to ensure your bids are placed. We will not be responsible for last minute computer issues.
Bid on Your OWN Schedule!
Please call our office if you have any questions 1-870-236-6117 or 870-236-0632