The auction will be held live with online bidders maximum bids being placed competitively by a ring person at the live auction. At the close of the live auction, successful online bidders will be emailed a contract to be executed and returned to Ayers Auction and Real Estate within a 48 hour time period. Successful bidders will deposit 10% of the bid price ( for each property) by wire transfer or cashier's check within the same 48 hour time period. The balance due upon closing within 30 days. Successful bidders not executing and returning their contract and said earnest money within the 48 hour time period will be considered in default.
A 10% buyers premium will be added to the bid price.
Buyer's Premium Example:
Bid price: $100,000
Plus 10% buyers Premium: $10,000
Total contract price: $110,000.00
Agency Disclosure: Ayers Auction and Real Estate is acting as agent for the seller, not as buyer's agent.
Auction End Times: Ayers Auction & Real Estate online auctions are timed events. There is a 10 minute auto extend feature that automatically extends the auction for 10 minutes from the time the last bid is placed. After the advertised end time when there has not been a bid placed for 10 minutes the online auction will cease.
Please note individual terms for each auction property.
Disclaimer: All properties are being sold "as is, where is". We encourage bidders to do property inspections and rely upon their own conclusions. All information is deemed reliable, but is not guaranteed. All information is believed to be correct to the best of the auctioneer's knowledge.