Auction Date:2016 Oct 28 @ 14:00 (UTC-4 : AST/EDT)
Location:1230 4TH AVE., CORAOPOLIS, Pennsylvania, 15108, United States
BUYERS NOTICE:
AKA: SESSION #2 OCT. 29TH (JUST ADDED SESSION)
The Buyer of the Bulk Bid New Inventory is from out of the region. They were primarily in the selected components & parts, they have extracted about 60% of the selected inventory, and left the balance to sell. They have instructed Loomis Auctioneers to sell at absolute auction the remaining inventory, that was included original bulk bid inventory on Oct. 19th. This inventory will be sold Saturday, Oct. 29th, after the Shop Federal Inventory. This will extend the auction time an additional 4 hours. Overview: New and rebuilt plumbing, electrical supplies, small to huge motors, parts, all types of tools, overhead hoists, loaded with commercial & industrial supply items, as well as shop, farm, repair items. Over 40 additional skids of inventory in location #2.
OVER 400 ADDITIONAL LOTS OF NEWLY ADDED INVENTORY FOR SESSION #2 OCT 29TH. (additional 3-4 hr auction time). Over all auction time up to 6 hours.
Auction Location:
1230 4TH AVE., CORAOPOLIS, Pennsylvania, 15108, United States
Previewing Details:
PRE AUCTION INSPECTION:
And on Auction Day, One Hour Before Auction for Inspection and Registration.
*Do not contact owner or employees regarding auction.
According to the state of PA
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
10% |
Additional Fees:
Shipping Details:
None
Payment Details:
As all property, sold AS- IS. It is the buyer's responsibility to perform all due diligence, prior to bidding. 10% Deposit day of auction, balance at closing. 10% Buyers premium due day of auction. Need financing? Contact Loomis Auctioneers. for more info.
Attention Credit Card Buyers: 3% buyer's premium assessed on credit card purchases.
Can be replaced with bank wire or TT.
We also will accept a domestic blanket L/C.
DO NOT BID, IF YOU CAN NOT PAY!
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Wire Transfer
Bidders and end buyer have read and agree to the terms and conditions prior to bidding.
TERMS & CONDITIONS: 10% Buyer’s premium added to all lots.
All lots are sold as -is. All information has been provided by the seller. Bidders, and buyers agree they have read, understand, and agree to all terms and conditions prior to bidding. Bidders and buyers agree to “hold harmless” Loomis Auctioneers Inc. To any claims, and / or liability whatsoever. Bidders and buyers are responsible to perform all due diligence, prior to bidding.
All descriptions, marketing,representations,and auction lot claims, are provided by seller. Bidders and buyers agree to "hold harmless" Loomis Auctioneers "hold harmless" of all marketing claims.
ALL LOTS AND REAL ESTATE SOLD AS-IS! IT IS THE BIDDER'S AND BUYER'S RESPONSIBILITY TO PERFORM ALL DUE DILIGENCE, PRIOR TO BIDDING.
Loomis Auctioneers reserve the right to re offer, extend bidding, cancel bidding, refuse any and all bids, during or end of auction. By bidding and/or buying, bidders and buyer agree to "hold harmless" Loomis Auctioneers of any and all liability, claims, of any kind whatsoever.
DO NOT WAIT UNTIL THE FINAL MINUTES TO BID. YOU RISK BEING SHUT OUT BY DELAY, TECH ISSUES, OR ANOTHER BID BEING PLACED AT THE SAME TIME FOR THE SAME AMOUNT. WE SUGGEST TO PLACE YOUR MAX BID, NOW. THE SYSTEM WILL NOT REVEAL THAT AMOUNT, IF THERE ARE NOT COMPETING BIDS IN PLACE. YOUR BID WILL SIMPLY REFLECT THE NEXT BIDDING INCREMENT.
TERMS AND CONDITIONS OF TODAY’S AUCTION
Auction company reserves the right to implement a one time, 15 minute bidding time extension, in the event a bidder attempts to place last minutes, or seconds, bids. Thus, creating unfair "closeout " or counter bid time, to other bidders. This will be know as one time added time of reconsideration, or FINAL LAST CALL, of an additional 15 final minutes. In the event there are no last minute or seconds bid on the original countdown time, bidding will close as advertised. All bidders understand, agree, and consent these terms, and hold Loomis Auctioneers harmless of any liability or claims, whatsoever.
All auction items are sold AS-IS, no returns, arbitration, negotiations, or refusals after auctioneer says “SOLD” and you are the successful bidder.
Loomis Auctioneers Inc. assumes no liability whatsoever, for the said property(s). Any and all information, descriptions, claims whether written or oral, are provided by the seller. All bidders / buyers agree to "hold harmless " Loomis Auctioneers Inc, auctioneer, and staff of any and all claims, or liability, whatsoever.
* By bidding, and / or buying you have read, understand, and agree to the terms and conditions of this auction.
Loomis Auctioneers are not liable for any third party appraisals or representations on any items or real estate.
The listings provided on our web site and print advertising are for general information only. It is the buyer’s responsibility to qualify the condition and authenticity of the items presented. All items are sold AS-IS by Loomis Auctions, Inc. with NO representations, warranties or guarantees - either expressed or implied. Loomis Auctions and its employees are not held responsible for item descriptions as provided by the sellers. Terms such as gold or antique may be used simply as descriptors and not necessarily used to represent the actual value of the items presented.
Any description of items is provided for identification purposes only, and is based on information provided by the Seller and/or solely on visual observation of identifying features. The Auctioneer has not inspected the individual items to be sold, assumes no obligation to inspect the individual items to be sold, and makes no warranty or representation as to the nature of character of any item offered for sale.
Auction Company or seller does not warrant or guarantee any brands, markings, or authenticity of any items. Do your own diligence and inspections prior to sale. Loomis Group Auctioneers, LLC assumes no liability if any item causes personal injury.
If an auctioneer sells an item and it is claimed by more than one buyer, that item is reopened (sold again) between those buyers only.
Bid rigging, bid passing, or taking turns bidding, is a crime and illegal. Any violators will be asked to pay and leave the auction and not to attend any future Loomis Group Auctions. In addition, violators will be reported to authorities.
After buyer purchases an item or lot, they are completely responsible for that item(s). Auction company or sellers are not responsible for buyer’s items after the buyer purchases the item or lot.
Auction staff can not assist in post sale load assistance due to liability issues.
Loomis Group Auctioneers is not responsible or can not be held liable for any accidents, should they occur.
By registration for a buyer’s number, you agree to “Hold Harmless” Loomis Group Auctioneers, LLC. and it’s staff, directly or indirectly, of any claims, liability, or representation of any lot item, or real estate in the auction.
All items are sold "AS IS", "WHERE IS" and "WITH ALL FAULTS" without warranty of any kind. Without limiting the generality of the foregoing, there are NO WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANT-ABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.
Payment Terms: Cash, certified checks, company checks only with letter of guarantee from bank, credit card, (3% Additional buyer’s premium added to all credit card transactions). All checks require a credit card back up. All items sold AS-IS. Auction company assumes no warranty or liability of any kind, whatsoever. Each buyer is responsible for their items or lots after bought. No reimbursements of any kind. *Real estate payment terms may vary.
In the event of non payment, bad check, or fraudulent payment of any kind, buyer agrees for Loomis Auctioneers to file a confession of judgment, and collect all damages. Not only limited to cost of goods, in addition to, but not limited to legal and collections fees, court costs and recovery fee. In the event the said purchases must be resold, the original buyer will responsible for the loss or shortfall, and all expenses associated to the second sale of the goods. Original buyers “holds harmless” Loomis Auctioneers and it staff from any and all liability, whatsoever.
10% Buyer’s premium added.
By registering for a buyer’s number you have agreed to the terms and conditions of this Auction.
Buyer’s Premiums are nonrefundable.
By bidding, each bidder acknowledges and agrees that such bidder has had a full and fair opportunity to inspect the items offered for sale, and is relying solely on the bidder's inspection and investigation. Each bidder further acknowledges and agrees that such bidder is not bidding based on any statements made by the Auctioneer.
Any merchandise or lots remaining after the auction will be considered abandoned and owner will lose all rights and title to the merchandise, unless agreed arrangements are made with owner or auction company. If merchandise is or is not paid for, abandoned by bidder / buyer. The buyer /bidder will be responsible for, but not limited to amount bid, collections, fees, legal fees, labor, and disposal fees. There are no rights of abandonment, whatsoever.
In the event of a NFS check, stop payment check, or any non sufficient or fraudulent non payment of any kind. Buyer irrevocably authorizes any attorney in any court of competent jurisdiction to confess a judgment without process in favor of Loomis Group Auctioneers for such amount as many then appear unpaid herein, and to consent immediate execution upon such judgment. Not only limited to cost of goods, in addition to, but not limited to all fees, commissions, buyer fees, court cost, legal fees, and hourly in house fees by auction company. Buyer “holds harmless” Loomis Auctioneers, and staff of all liability, whatsoever.In the event of NFS check, stop payment check, or any non sufficient or fraudulent non payment of any kind. Buyer agrees and irrevocably authorizes any attorney in any court of competent jurisdiction and confess judgment without process in favor of Loomis Group Auctioneers for such amount as may then appear unpaid hereon, and to consent immediate execution upon such judgment. Not only limited to cost of goods, in addition to, but not limited to all fees, commissions, buyer fees, court cost, legal fees, and hourly in house fees by auction company. Buyer “holds harmless” Loomis Auctioneers, and staff of all liability, whatsoever.
Buyers & Sellers agree to “hold harmless” Loomis Group Auctioneers, LLC staff and offices of any and all liability whatsoever.
DO NOT WAIT UNTIL THE FINAL MINUTES TO BID. YOU RISK BEING SHUT OUT BY DELAY, TECH ISSUES, OR
ANOTHER BID BEING PLACED AT THE SAME TIME FOR THE SAME AMOUNT. WE SUGGEST TO PLACE YOUR MAX BID, NOW. THE SYSTEM WILL NOT, AGAIN, NOT REVEAL THAT AMOUNT, IF THERE ARE NOT COMPETING BIDS IN PLACE. YOUR BID WILL SIMPLY REFLECT THE NEXT BIDDING INCREMENT.
If technical issues occur during bidding, please contact Janet: 724-699-2926