NOTE: If there are any questions about the ONLINE auction process, applicable purchase contract forms, overall timing, the closing process, earnest money deposit..or registering, please call agent managing the auction sale or Chris Davis.
AUCTION TERMS & CONDITIONS
Real estate sells 'AS IS'
There is a 10% BUYERS PREMIUM charged to Buyer and collected at closing.
The Seller agrees to provide and pay for owner's title insurance, deed preparation, conveyance fee and the proration of real estate taxes.
The successful bidder will deposit $3,000.00, payable by cash or check, and close within (30) days of the auction.
All ONLINE bidders are agreeing to come to the offices of Coldwell Banker King Thompson, Realtors, located at 8800 Lyra Drive-Suite 600, Columbus, OH 43240 not later that 5:00 PM. two calendar days after the auction...to execute applicable real estate documents and deliver required earnest money deposit.
We will contact the successful bidder to set an appointment.
THIS IS AN INTERNET ONLY AUCTION.
Increasing your own bid/Bidding Errors: Please be aware that many bidders routinely increase their own bid to price an item out of reach of other bidders. To increase your bid, complete the maximum bid field only. You should immediately review your bids once submitted. If you mistakenly increase your own bid, place your bidder number in the bid field, or make a typo you must immediately contact our office by email by using the contact sheet on our website (we must have your request in writing). We will not reverse bids after the auction has closed - no exceptions.
Dynamic Closing. The closing time of the real estate is automatically extended an additional 5 minutes whenever a bid is placed within the last 5 minutes of the real estate's closing time.
Bid Notification: If you have been outbid you will be notified by email ONLY UNTIL the last day of the auction --- starting at midnight EST the night before the ending of the auction notices are not sent.
To quickly review your bids and see if you have won you can utilize the 'review bids' feature.
Limitations: The above-stated Conditions of Sale cannot be altered except in writing by The Auctioneer.
The real estate sells AS-IS. Should you have questions please contact us at 614-880-0808.