REAL ESTATE AUCTION

Terms & Conditions:

1. Real Estate Sold at 12:00 NOON Bids accepted only from registered bidders. Come early for registration.

2. A 10% buyer’s premium shall be added to the high bid to determine final contract sales price on Real Estate.

 3. All information provided by Auction Company and Seller is deemed reliable but not warranted. Bidders should perform such independent investigation with  respect to the property as they deem necessary or  appropriate.

4. Property is being sold “AS IS, WHERE IS.” Please inspect before buying.

5. Announcements day of sale take precedence over all prior releases, verbal and written concerning the sale.

6. Auction Company and its representatives represent the Seller.

7. Detailed terms and conditions will be provided on sale day.

8. A $10,000.00 deposit shall be due and payable day of sale by cash, cashier’s check, or pre-approved  personal check accompanied by a bank letter stating “_________ is a customer of our bank and the bank guarantees payment of checks written on account number _________ up to (specify amount) dollars for  purchases at the auction being conducted by   Col Tom Wolfe, Auctioneer & Broker, LLC on Thursday, October 29, 2009. Balance due on Monday November 26, 2009.                           

  9.  Real  estate to be conveyed by General Warranty Deed.

 10. Property being sold subject to confirmation of the high bid.