ABSOLUTE ONLINE ONLY REAL ESTATE AUCTION
All newspaper or other publications and all oral and verbal statements as to advertising made by owners of said property and by DeLozier Auction Inc., or any agent of said company, or by Jerry DeLozier or by Kevin Ross, are hereby revoked.
ALL ONLINE BIDS ON THIS AUCTION START Tuesday, February 13th AT 10:00 AM EDT AND WILL START ENDING ON TUESDAY, February 20th AT 2:00 PM EASTERN TIME.
AUCTION END TIMES: DeLozier Auction, Inc. Online Auctions are timed events and all bidding will close at specified time. DeLozier Auction, Inc. Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 2:00 receives a bid at 1:59, the close time will automatically extend 2:04. The auto extend feature remains active until no further bids are received within a 5 minute time frame. DeLozier Auction, Inc. reserves the right to adjust the auto extension time period.
THE FINAL SALE OF THE PROPERTY USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED.
This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Auction Sales Contract.
BID PACKAGE: Auction Sales Contract along with any other paperwork pertaining to the sale will be sent by e-mail from DeLozier Auction Inc to the successful bidder who must execute and fax or email back to DeLozier Auction Inc. within 24 hours of receipt. Successful bidders not executing and returning their contract with earnest money deposit (10% non refundable deposit of total purchase price (certified funds or wire) made payable to DeLozier Auction Inc.) within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees and closing fees as set out in Auction Sales Contract and Auction Statement of Sale.
Auction Administrative Fee: In the event a winning bidder fails to submit the signed “Auction Sales Contract,” and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by DeLozier Auction Inc, and the Seller as provided in the Auction Statement of Sale, the Auction Sales Contract and the Promissory Note. All Administrative Fees are
non-refundable. If you have not read and reviewed the Auction Sales Contract, Promissory Note, Statement of Sale and all other materials available plus completed your own “due diligence” to satisfy all questions, please Do Not Bid!
REMEMBER, this is an Absolute Auction and all sales are final. Do not bid unless you are prepared to pay appropriate deposit and meet all conditions to close as set out in your contract. Bidders must be ready, willing and able to close within 30 days. Please do not bid if you do not understand the auction terms.