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. All bids are placed in US Dollars.
3. 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.
4. The bidding will be open and everyone will have access to the bid history during the auction.
5. As the auction nears the ending time it will auto-extend until bidding is silent for 1 minute.
6. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
7. The high bidder will be notified via email after the auction ends.
8. Seller reserves the right to postpone or cancel this auction at any time for any reason.
9. Sale is “as-is”, "where-is". Seller will not fix anything unless indicated otherwise for that particular auction.
10. At least 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. 
11. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract unless indicated otherwise for a particular auction.
12. When contract is signed, winning bidder will pay $5000 earnest money to be held at title company handling the closing.  Earnest money deposit is non-refundable after all contingencies to the contract have been met.
13. Winning bidder may, at their option and expense order a title examination and insurance.
14. Seller will include the following personal property in the sale: None
15. Seller will exclude the following real property from the sale: None
16. All Buyers are to get pre-approved prior to bidding whether cash or financing.  See the tab marked "Buyers-PreApproval for more details.
17. All offers must be submitted on contracts provided by the listing agent for the property  and are available for review as attachments to the particular auction.  All offers are required to include the loan pre-approval or proof of funds.  Go to "Buyers-Offer Procedure" for details.
18. Many of the properties listed on this site are short sales and subject to lender, trustee and sometimes seller approval which may result in 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.
19. 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 the auction to end.  This expedites the sale process and gives everyone an opportunity to purchase the property.

FOR MORE INFORMATION CONTACT GIDGET JACKSON 239-410-1808 OR EMAIL: gidgetjackson@gmail.com