Auction Terms & Conditions REAL ESTATE TERMS: (If you cannot attend the live auction, we are giving the option of leaving an absentee bid online or call the office to bid your price, absentee bids will be brought to the Live auction. All absentee bids must be in by 5:00pm on Friday, April 8) The REAL ESTATE will be offered at 11:00am ET and consists of a 1194 sq.ft Country Home on Edwardsport Road near Plainville, IN. This is a Fixer Upper, Call to preview prior to auction. 812-486-8927 NOTE: Owner has the right to reject final bid on Real Estate. DOWN PAYMENT: A $1,000 down payment will be required on the day of auction. The down payment may be made in the form of check and is non-refundable. YOU'RE BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing if needed. ACCEPTANCE OF BID PRICES: The successful bidder will be required to sign a Purchase Agreement upon acceptance of final bid. (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). MINERALS: Mineral Rights are not included with the purchase of the property. 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. Fee's for an administered closing shall be shared 50/50 between Buyer(s) and Seller(s). POSSESSION: Possession will be given 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: The cost of the survey, if needed, will be the responsibility of the buyer. 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. All sketches in the brochure are approximate. 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 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. PERSONAL PROPERTY TERMS: * All purchasers are required to register for a Bidder’s Number to bid. A form of picture identification is required to verify information. * All purchases are to be PAID IN FULL day of auction via CASH or GOOD CHECK with proper I.D. * Sales Tax or buyer's premium will NOT be charged for this auction. (With the exception of titled vehicles, sales tax will be charged on titled vehicles) * Sales are not subject to financing. Financing must be arranged prior to your purchase. * All items sold "AS-IS, WHERE-IS" with all faults, descriptions believed accurate but not guaranteed. Please inspect before you bid. * By placing a bid, bidder signifies that they are bidding regardless of item condition. * Information recorded such as mileage, hours & etc. is a guide only for customer convenience. Please refer to online VIN checks for accuracy. * Items left at the auction are done so at the sole responsibility of the purchaser. * All items must be removed day of auction. --------------------------------------------- ------------------------------------------ Terms Of Use

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