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ATTENTION BIDDERS / TERMS AND CONDITIONS

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ATTENTION BIDDERS / TERMS AND CONDITIONS

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Auction Date:2020 Oct 29 @ 18:00 (UTC-4 : AST/EDT)
Location:Various, Various, Pennsylvania, United States
INSPECTION DAYS :
HERMITAGE RESIDENTIAL : 10/20 5:30PM -6:30PM
GREENVILLE SCHOOL COMMERCIAL : 10/19 5PM -6PM
MERCER LIVESTOCK AUCTION : BY APPT OR ANY SALE DAY
THORNTON HALL:10/27 5:30 - 6:30
ANY BY REQUESTED PRIVATE APPT. CONTACT MAIN OFFICE
General Terms & Conditions, R.E. Agreement

Real Estate Terms & Conditions:

Property Sold AS-IS. 10% deposit & 10% buyers premium added to final bid. Balance at closing. Guaranteed clear, good title at closing.

Closing Costs: Unless specified in writing, buyer and seller, assume closing costs, split 50% seller / 50% buyer. All current taxes prorated the time of settlement. Any and all delinquent taxes are assumed and paid by seller.

DO NOT BID IF YOU DO NOT HAVE THE ABILITY TO PAY.
There is no  exit strategy for the buyer. Any default or breach ,buyer agrees to a confession of judgment being filed . Seller retains all deposits,Loomis Auctioneers retain the buyer's premium. The property is resold , buyer is responsible for any pricing shortfall, if the property fetches more the second time, original seller is awarded the overage. The original buyer is also liable for all legal , collection , marketing , administration  fees , ect. Very serious business ,and treated as such. DO NOT BID UNLESS YOU HAVE FULL INTENTION PAYING AND CLOSING THIS PROPERTY!

All information has been provided by seller. It is the sole responsibility for buyer to perform any and all due diligence, prior to bidding.

Bidders and end buyer have read and agree to the terms and conditions
and real estate agreement prior to bidding. Bidders / Buyers agree to "hold harmless" Loomis Auctioneers of any, and all liability, whatsoever.

ALL LOTS INCLUDING PROPERTY, SOLD AS IS. IT IS THE BUYER’S RESPONSIBILITY TO PERFORM ALL DUE DILIGENCE.

Buyer required to sign attached agreement on auction day. Loomis Auctioneers Inc. suggests the buyer(s) instruct their lawyer to pre-approve the attached agreement, if they are not clear on any items contained in the contract and the attached buyers agreement.

All real estate deposits and buyers premiums, must be paid in full within 3 business days, with the signed auction real estate agreement. All agreements are published on site, far in advance to the end of auction for review. Buyer may not delay for attorney review, post point of sale. All deposits and buyer's premiums must be paid, per agreement.

Balance of all money due at closing.

DEED FREE & CLEAR / READY TO TRANSFER BY SELLER

Any unsold lots and any personal inventory left or abandoned after auction goes with new buyer at closing of real estate.

*** ALL INFORMATION IN ADVERTISING, MARKETING, WEBSITE, OR ANY OTHER INFORMATION HAS BEEN PROVIDED BY SELLER, FOR REAL ESTATE. IT IS THE BIDDER'S / BUYER’S RESPONSIBILITY TO PERFORM ANY AND ALL DUE DILIGENCE. DO NOT BID IF YOU DO NOT HAVE THE INTENTION OF PAYING, OR CAN NOT PAY, DO NOT BID. BY BIDDING, THE BIDDER /BUYER HAS READ, UNDERSTANDS, AND AGREED TO THE FULL LOOMIS AUCTIONEERS INC. TERMS AND CONDITIONS OF THE AUCTION, AND "HOLDS HARMLESS" LOOMIS AUCTIONEERS INC., AUCTIONEERS, STAFF, AND SHAREHOLDERS, OF ANY AND ALL LIABILITY, WHATSOEVER.

DO NOT BID IF YOU DO NOT AGREE WITH THE PUBLISHED TERMS AND CONDITIONS TO INCLUDE PAYMENTS, METHOD OF REPRESENTATION (AS- IS), BUYER"S FULL DUE DILIGENCE, AND ALL ITEMS ON THE TERMS AND CONDITIONS SHEET. DO NOT BID IF YOU DO NOT HAVE THE ABILITY TO PAY DO NOT BID! ONCE A LOT IS MARKED OR ANNOUNCED SOLD, THERE IS NO EXIT STRATEGY, REFUSALS, REJECTIONS, OR OTHER PERMITTED. READ BEFORE BIDDING!

Auctioneer(s) reserves the right to instruct the bidding increments, and set minimum bidding increments, prior to or during the bidding. Auctioneer(s) reserves the right to reject any or all bids, at their discretion.

Need financing? Contact Loomis Auctioneers for more info. Real Estate Agent Participation Invited. Need assistance or have questions regarding the auction process? Need lending or other financial info? Call us regarding the FAQ’s. How do I bid? Do we need all the money auction day or at the closing of auction? Not at all, only the deposit and buyer's premium. The balance at closing. Can we have an extension for closing? Yes, for qualified buyers. Call us, we can answer all the questions, we love to talk to our bidders!