1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
2. Buyers Agent commission of 2.5% is being offered.  Buyer's agent is protected as long as registered prior to beginning bidding.  Commission Agreement required for short sales prior to acceptance of any offers when sale is  a co-broke.
3. All bids are placed in US Dollars.
4. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
5. The bidding will be open and everyone will have access to the bid history during the auction.
6. As the auction nears the ending time it will auto-extend until bidding is silent for 1 minute.
7. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
8. The high bidder will be notified via email after the auction ends.
9. Seller reserves the right to postpone or cancel this auction at any time for any reason.
10. Sale is “as-is”, "where-is". Seller will not fix anything.
11. At lease 2 business days prior to the auction close, bidders are required show proof of funds or obtain loan pre-approval from the approved lenders listed on this site.  See "Buyer-Offer Procedures" for details. 
12. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
13. When contract is signed, winning bidder will pay $5000 earnest money to be held at title company handling the closing.
14. Winning bidder may, at their option and expense order a title examination and insurance.
15. Seller will include the following personal property in the sale: None
16. Seller will exclude the following real property from the sale: None
17. All Buyers are to get pre-approved prior to bidding whether cash or financing.  See the tab marked "Buyers-PreApproval for more details.
18. All offers must be submitted on contracts provided by the listing agent for the property  or as an attachment to listing on auction site.  All offers are required to include the loan pre-approval.  Go to "Buyers-Offer Procedure" for details.
19. Many of the properties listed on this site are short sales and subject to lender approval and time delays.  Although we make our best efforts to disclose the status of the sale under these circumstances we can not guarantee the time frames we cannot control.
20. Buyers reaching the minimum reserve amount may call the listing agent and request a "Call" on the bid.  We will then move the bid date back to 72 hours and allow other interested parties to bid.  The Buyer winning the bid will then go to contract rather than waiting to posted dates for bidding.

Please contact Gidget Jackson at gidget@remax-downtown.com  239-410-1808 mobile for immediate assistance.