Auction Terms & Conditions * All items sold "AS IS, WHERE IS" descriptions believed accurate but not guaranteed.
* By placing a bid, bidder signifies that they are bidding regardless of item condition.
* 12% Buyer's premium rate charged to all winning bids of personal property. 3% Buyers Premium on Real Estate. (SEE BOTTOM OF THIS PAGE FOR REAL ESTATE TERMS).
* SALES TAX will NOT be charged FOR THIS AUCTION
* 3% user fee will be charged for Visa/MC/Discover/AE credit card transactions.
* We reserve the right to cancel and/or reopen the auction bidding.
* Goods left more than 3 business days after scheduled pickup are forfeited & subject to resale without notice for storage fees.
* Graber Auctions may reserve the right to reject any bid at it's sole discretion.
Items need to be picked up on FRIDAY, November 8, 2019 from 2pm. to 6pm. EST at:
201 Walker Street, Loogootee, IN.
Shipping is available for small items only, with United Packing and Shipping, (812) 886-9499.
(Hazardous items cannot be shipped such as liquids, perfumes, ammo, chemicals, radioactive materials, compressed gases, dry ice, liquid nitrogen, lithium batteries and more).
Deposit: In order for the Auctioneer to process your winning bid, we must have a working Visa, MasterCard or Discover associated with your account.
Photographs and Descriptions: The Auctioneer regularly posts item descriptions and photographs to aid bidders in the bidding process, and we make every effort to ensure that the descriptions and photographs that we post accurately represent the items being offered for sale. In some photographs, multiple items may appear to be joined as a single unit, however you should not assume that a lot consists of more than one item simply because various items appear connected or are featured in the same photograph. Also understand that, on occasion, the wrong photograph may be displayed for a given item. At all times, you are bidding on items as they are described on this website, not as they appear in any photograph.
ALL LOTS AND ITEMS ARE SOLD AS IS, WHERE IS, WITH NO EXPRESS OR IMPLIED WARRANTIES. IT IS BELIEVED THAT ALL DESCRIPTIONS ARE ACCURATE BUT NOT GUARANTEED.
When You Have Been Outbid: If you are outbid during the course of this auction, you will be notified by email. You can review your bids at any time using the Auctioneer’s “Review Bids” feature; items on which you have been outbid will be clearly marked.
Changes in Circumstance: All aspects of this auction are subject to change without notice. The Auctioneer reserves the right to – at any time – (1) add or remove items from the auction, (2) split or combine lots.
Winning Bids: If you place a bid in this sale, and your bid is determined to be the winning bid, you become obligated to pay for the item that you have won at the price you gave as your bid.
Payment: At the conclusion of this auction, the credit card associated with your account will be automatically charged for the full price of your purchases.
**************************REAL ESTATE TERMS***************************
DOWN PAYMENT: A 10% down payment will be required on the day of auction along with the 3% Buyers Premium. The down payment may be made in the form of check or cash and is non-refundable. YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: The successful bidder will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. The final bid is subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place in 45 days after the auction, or as soon thereafter as applicable closing documents are completed by the Seller. Costs for an administered closing shall be shared 50/50 between Buyer(s) and Seller(s).
POSSESSION: Possession is at closing.
REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property.
SURVEY: Survey should not be required, property is platted into C&B ADD in Loogootee. All survey cost would be at buyers expense if needed.
DISCLAIMER AND ABSENCE OF WARRANTIES: The property is being sold on an AS IS, WHERE IS basis, and no warranty expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, and inquiries concerning the property. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
Mark J Graber | AU19400133
Auctioneer/Real Estate Broker