TERMS OF AUCTION ARE AS FOLLOWS: TO REGISTER: All bidders must have valid Driver’s License in order to get a bidders number. Buyers will need to be prepared to tender (twenty) 20% of the final purchase price, per property purchased, as the earnest money deposit, at the conclusion of the auction. We will accept personal and/or company checks for earnest money deposits ONLY IF ACCOMPANIED BY A BANK LETTER OF GAURANTEE STATING THE LIMIT THAT YOUR BANK WILL GAURANTEE ADDRESSED TO WOOLEY & HUCKABY AUCTIONEERS. TERMS OF PURCHASE: All properties are offered and/or sold in “AS IS� condition, free and clear of any and all liens. Seller only warrants good title and will not provide surveys. All offers will be (No CONTINGENCY CASH OFFERS). A (ten) 10% Buyer’s Premium will apply to all purchases. Successful Buyers will be required to tender 20% of the contract purchase price at the conclusion of the auction as earnest money. The balance on all property sold will be due in approx. 30 days at closing. Real estate closings shall take place at a Title or Abstract Company in near proximity to the subject property. Seller will furnish a general warranty deed & Owner’s title insurance to Buyer(s). Buyer(s) & Seller will each pay their respective closing costs. All taxes will be prorated to the date of closing.We will accept personal and/or company checks for earnest money deposits ONLY IF ACCOMPANIED BY A BANK LETTER OF GAURANTEE STATING THE LIMIT THAT YOUR BANK WILL GAURANTEE ADDRESSED TO WOOLEY & HUCKABY AUCTIONEERS.
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