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Alderfer Auction will not be held responsible for error or failure to execute the bid. Absentee bids must be in writing and a fifty dollar ($50) minimum bid is required per item. The highest bidder shall be the buyer, and if any dispute arises between two or more bidders, the auctioneer shall decide the buyer or immediately put the item up for sale again. In the event of a tie between an online bidder and the floor bidder, the successful bidder will be at the Auctioneer’s discretion. Looking for profitable auctioned real estate in your housing market? Use Mashvisor’s tools to find and analyze properties and see what ROI they can bring within minutes.
Alderfer Auction WILL NOT ship or SELL any of these items that are prohibited in any State. We are aware of these Sates and their Laws and it is the duty of each potential bidder to make sure they are allowed to own this legally in their respective States. Alderfer Auction WILL NOT convert or make any firearm compliant to meet a certain State's requirements. Some lots are offered subject to a reserve, which is a confidential minimum price below which such a lot will not be sold. The record of sale, kept by the auctioneer and clerk, will be taken as absolute and final in all disputes.
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All successful bid requested to be shipped to the buyer will be sent by an in-house or third party shipper and billed by the shipper. Local pick up preffered, freight shipping will run over $200 to most of country. Fair Housing Actand other state and local laws against housing discrimination. Multiple offers was most common among Gen Z and Millennial buyers, ages 18 to 40. Buying a home in today’s market will likely require you to make an offer on more than one home.
Have your real estate agent run “comps” or comparisons, which will show you what similar homes in the area are selling for and/or have sold for in the recent past. The comps will give you a feel for whether the seller is asking a reasonable price for the home. If you’re searching on Zillow, each home listing includes a section showing comparable homes for sale.
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Any firearms sold containing prohibited magazines as mentioned above will be shipped less the banned magazine, no refunds will be offered. Alderfer Auction is a Licensed Federal Firearms Dealer located in southeastern Pennsylvania. Whether you are buying or selling firearms at Alderfer Auction you will be assured that your firearms have been processed according to the rigorous regulations established by the Federal Government. It is recommended that all Firearms be checked by a competent gunsmith before firing to ensure safe usage. Item estimates provided in print or electronic media are not a representation or a prediction of the hammer price that will be realized at auction, which may be substantially different from our original estimates.
Successful online bidders, who bid through a third party online bidding platform, will be assessed a 5% surcharge. This charge offsets the fee collected by the third party platform. For more information regarding this charge please see third party website for terms. Alderfer Auction shall have the right to accept absentee and phone bids for any items consigned for any particular auction. Alderfer Auction reserves the right not to execute any absentee bid at its discretion and to have no liability for any inadvertent failure to execute any such bids.
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These vehicles are for sale "as is" and may need extensive repairs. They should not be considered safe for driving until checked by a licensed mechanic. For a retail auction (like Auction.com), the auction house will start preparing your title right away. You’ve probably heard that buying a house at auction can get you a really good deal, but if you’ve never attended a foreclosure auction before, then you might not know the first thing about how to bid!
The content on this site is not intended to provide legal, financial or real estate advice. It is for information purposes only, and any links provided are for the user's convenience. Please seek the services of a legal, accounting or real estate professional prior to any real estate transaction. It is not Zillow's intention to solicit or interfere with any established agency relationship you may have with a real estate professional. Backing out of a contract that has no contingencies or when the deadline for a contingency has passed may mean that you lose the earnest money you put down when you made the offer.
Some sites allow for bank financing, but you’ll need to provide proof of funds and entity documents besides the earnest money . So, if you’re going with this type of financing, make sure to get a pre-approval letter and speak with a lender before placing a bid to make sure that you can qualify for a loan. On auction day, log into your account, navigate to the investment property or properties for which you’ve registered, and verify the auction details. An initial bid will begin the process and, on some online real estate auction sites, you can watch the bidding take place.
Additional fees will be applied to your invoice for this service. The purchase and sale agreement becomes legally binding if the seller accepts your offer. At that point, you’re buying a house, and the purchase and sale contract will become a key part of the paperwork that guides the sale. In a competitive market where multiple offers are submitted, contingencies and timeline can be the deciding factors in whether your offer is accepted. If you’re buying in a seller’s market, be sure to ask your agent for insights on what could make your offer more attractive to the sellers whose home you want to buy.
Following the auction the successful bidders are notified and payment arrangements are made; applicable buyer’s premium applies. Auction is open for pre-bidding until the start of the auction at which time pre-bidding will cease and the auction will go live at the auction center . When the auction goes live, lots will be sold one at a time, in numerical order, by a live auctioneer who will be taking bids from multiple online bidding platforms, absentee and phone bids. The bidding platform or our auction staff will bid on your behalf up to the maximum bid that you have entered. Once the auction goes live if you wish to increase your bid you will have to wait until that lot opens for bidding and enter any additional bids manually. For real estate auctions, you may need to work with a broker or real estate agent to bid or make the purchase.
Here’s how to get your bid in order and how to bid on a house at auction so you can walk away as a homeowner. She's the outdoor news editor at Blue Ridge Outdoors and writes regularly for her local paper in Asheville, NC, covering everything from the necessity of home inspections to trends in the local economy. Kim is also the author of "The Yellow Envelope," a memoir about the time she sold her house and traveled around the globe. Sign in to access all your notifications, bids, offers, saved searches, messages and more.
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