NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2020 Dec 22 @ 18:30UTC-5 : EST/CDT
HERMITAGE ESTATE : OPEN FOR INSPECTIONS & LOCATION ASSIST BIDDING WEDNESDAY DEC 30TH 1:30 PM.
CLOSE AT 8 PM FOR PICK UP & PAYMENT.
THURSDAY , DEC 31 11:AM -2:PM FOR FINAL PICK UP & PAYMENTS. AUCTION LOCATION STAFF PHONE 724-974-1258.NO LOAD ASSIST , BRING HELP. MASKS IN HOME REQUIRED, AND LIMITED BUYERS PER TIME, IN HOME. MAY EXPERIENCE WAIT TIME. CASH, CREDIT CARD, PRE-APPROVED CHECKS W CREDIT CARD * DRIVERS LIC , BACK UP. BUYERS ASSUME ALL LIABILITY OF PAYMENT FOR ABANDONED PURCHASES.
OWNERS/PARTNERS RETIREMENT BUSINESS FACILITY AUCTION.
NOW RESERVES HAVE BEEN REDUCED, PROPERTY HAS A MOST CURRENT VERY CONSERVATIVE APPRAISAL OF APPROX: $685,000!!! This does not reflect any income or profitability of the facility.
THE RESERVES HAVE BEEN REDUCED 6 FIGURES (SEVERAL) FROM THE ORIGINAL!!!
NOW, TO BE SOLD ABSOLUTE AUCTION AFTER THE OPENING BID OF $230,000.00!
SOLD TO THE HIGHEST BIDDER AT THE POINT OF SALE (TIMING OUT).
Now at $230,000.00 or $3.38 per Square Foot!
*Here is the deal, on first round auction, there was a twofold. First there was an issue with the top bidder. Second the top bid was not accepted by the sellers, in the window of decision period. Now, Loomis Auctioneers has been directed by the sellers to SELL IT! The partners want to retire, they have profited for years from the business, thus giving someone new a huge opportunity! The previous top bidder may be liable for any shortfalls, per the terms and conditions of the auction. In addition is prohibited from bidding, directly or indirectly in this auction.
FANTASTIC BUSINESS & INVESTMENT OPPORTUNITY. A LANDMARK LOCATION & BUSINESS ESTABLISHED FOR NEARLY 60 YEARS! MULTI BUSINESS INCOME OPPORTUNITY! $10s of $1000s of dollars spent over the years to make the business and facility a regional landmark. Located in the Sharon PA Special Business Economic Zone!
ADDITIONAL VIDEOS:
Please take a minute to view these videos provided by the sellers:
https://www.wkbn.com/news/local-news/owners-of-retro-bowling-alley-in-sharon-hope-it-stays-intact-once-auctioned-off/
https://www.youtube.com/watch?v=Cy3zZG-ictQ
https://www.youtube.com/watch?v=wye-nTnWAbE
https://www.youtube.com/watch?v=4ZK2oYOre84
OPEN HOUSE / INSPECTION DAY:
ANYTIME WITH NOTICE & A NO OBLIGATION APPOINTMENT.
Please call or email us to schedule your private viewing appointment at any time. Doors open on auction day at 5:00 PM, prior to timing out at 6:30 PM, for final inspections, and staff assisted floor bidding. Walk-In inspections okay. Inspections only with approval of Loomis Auctioneers.
Real Estate Agent/Broker participation welcome!
OVERVIEW:
Built, owned, and operated successfully by the family, since the 1940's, the 3 member family partnership has decided to retire, fully. To offer this fantastic facility and business to the general and business public on the business auction platform. We thank the Scott family for selecting and awarding Loomis Auctioneers this very special opportunity, and entrusting us to facilitate this lifelong family business to new ownership. This business and facility reflects the partners love and commitment to the business, community and their guests.
*The very low opening bid (starting price) does not reflect any valuations, reserves, or any financial values, whatsoever. It simply serves as a very, very low starting point, to start the bidding.
**Per the terms and conditions of this auction. All inquiries, or other items regarding this real estate must be directly to Loomis Auctioneers, Inc. Absolutely no direct or indirect inquiries to the seller(s).**
Approx. 68,000 sq. ft. multi business facility on approx 2.5 acres. Multi income facility (like a small mall property).
*Bidders note: Per a regional commercial builder, this building may be at, or in excess of, $100.00 per sq. ft. (68,000 sq. ft.) to build today. Then the bowling facility may be nearly $1 million to build out to get business ready. Bidders perform your own valuations, and opinions.
A HUGE BLACKTOP PARKING LOT HORSESHOE'S THE BUILDING!
Investor/Commercial Landlord/Owner Operator/Landlord Prime Opportunity.
Read on for the amazing numbers!
Commercial block, masonry, brick, steel & metal (fortress) building.
Regional Destination Landmark, since the 1950s!
PLEASE VIEW VIDEOS, AND IMAGES
1216 Hall Avenue, Sharon, PA 16146
Less than 1 minute to Avalon Country Club, Golf Course, Buhl Park, and Sharpsville PA. Just a couple of minutes to the city core of Hermitage and Sharon, PA.
LOCATED IN THE SHARON, PA SPECIAL OPPORTUNITY ECONOMIC ZONE
MULTI INCOME COMMERCIAL PROPERTY
Offering the real estate, existing business assets, fixtures, inventory, equipment, support equipment. A turn key opportunity, like no other! A must see and consider! Beautifully maintained, super clean building and business!
OVERVIEW:
UPPER LEVEL #2:
APPROX. 34,000 SQ. FT. SUPER 44 LANE BOWLING & EVENTS CENTER
Approx. 44 Lanes. AMF & Brunswick automatic pinsetters, party room, vending, snack bar, restrooms (newer), sound system, etc. *Also includes approx. over $60,000.00 of new, and like-new bowling center inventory, parts, and support repair equipment. Tools, power tools, new and newly fabricated parts, approx. Extra 90 cases of bowling pin inventory packed 10 pcs. 86 cases in use, about 1800 pins in inventory, 1000s of support parts, hand tools, and repair machinery. 2X large workshops on level 2, restaurant equipment, etc. The Brunswick & AMF bowling lanes and excellent condition pinsetters, are all included in the real estate price! Just for the automatic pinsetters replacement cost, is estimated at over $600,000.00. These are in well maintained, excellent working order, since purchased new!
LOWER LEVEL:
AKA: UNIT #5: APPROX. 10,000 SQ. FT. RETAIL SPACE (AVAILABLE):
Includes all equipment from a retail food center. Walk-in coolers/ freezers, meat & bakery, retail coolers, etc. included. Separate services.
AKA UNIT #4: APPROX. 3,000 SQ. FT. NEWLY RENOVATED RETAIL SPACE (AVAILABLE)
Includes newly built out, walk-in cooler & other equipment included.
Separate services. Previously retailer space
AKA UNIT #4B: RENTAL (RENTED) APPROX. 700 SQ. FT. Month to Month
UNIT #3: RENTAL (RENTED) APPROX. 600 SQ. FT.Month to Month.
UNIT #2: PUB/RESTAURANT RENTAL (RENTED) APPROX. 1,100 SQ. FT.
Lease expires approx Nov 2021.
UNIT #1: APPROX. 15,000 SQ. FT. UNDER ROOF PARKING (AVAILABLE) EASILY ENCLOSED FOR STORAGE, WAREHOUSING, ETC.
FINANCIAL RENTS & INCOME:
(Currently leased. asking prices, and speculated, at market or below market prices.)
LEVEL #2 BOWLING & EVENTS CENTER:
In the event you would not operate, and lease the business. Projected very low $2,500.00 - $3,000.00 (per month) to a third party. Owner operated by facility owners.
LEVEL #1
ALL INFO IS APPROX:
UNIT #5: *10,000 SQ. FT. $3,000.00 PER MONTH (LOW) NOT LEASED
UNIT #4: *3,000 SQ. FT. NEWLY BUILT OUT $1,500.00 PER MONTH (LOW) NOT LEASED
UNIT #4B: LEASED CURRENTLY @ $400.00 PER MONTH (LOW)Month to Month
UNIT #3: LEASED CURRENTLY @ $450.00 PER MONTH (LOW)Month to Month
UNIT #2: LEASED CURRENTLY @ $1,200.00 PER MONTH Lease expires 11/21
UNIT #1: *APPROX. 15,000 SQ. FT. UNDER ROOF PARKING (NOT LEASED)
CAN BE CONVERTED TO CAR, BOAT, RV STORAGE IN WINTER, WAREHOUSING, SUMMER OUTDOOR MARKET. COULD BE EASILY ENCLOSED. ESTIMATED $1,000.00 - $3,000.00 PER MONTH.
TOTAL ESTIMATED MONTHLY INCOME: $8,000.00 - $10,000.00 PER MONTH LOW.
*Estimated and opinion based on area, and similar rates. The owner's marketing and business ability to generate business and tenants. Loomis Auctioneers or Seller does not assume any liability for these speculated revenues, whatsoever. Simply a market business, opinion. It is the bidder's liability to perform their own due diligence.
SELLERS WILLING TO TRAIN & ASSIST DURING THE POST AUCTION TRANSITION PERIOD.
Low Maintenance & Utility Upkeep
Low Taxes
Landmark Location!
Very safe area!
Clear Deed for Immediate Closing
600 Amp Service / Separate 400 Amp Service
Heating & A/C National Radiator, Hot Water Boiler, Updated 5 Yrs. Ago.
HVAC Units
100% Sprinkler System
1500 Lb. Hydraulic Elevator, Rear Entrance (Needs Repair).
3X 40 Gallon & 2X 50 Gallon Hot Water Tanks
City Sewage & Water
Emergency Lighting
Newly Renovated Commercial Restrooms Level #2, and some on Level #1
Roof has been, and is being maintained
Per seller, predominantly Brai, and some rubber membrane on roof.
OVERALL BUILDING APPEARS TO BE IN VERY GOOD CONDITION. BIDDERS ARE RESPONSIBLE TO PERFORM THEIR OWN DUE DILIGENCE, AND VALUATIONS. ALL REAL ESTATE SOLD AS-IS
ELEVATOR IN NEED OF REPAIR.
*Some identified personal items, office,fixtures, Equipment computer systems, and others not included. These items are marked and identified at the location.
Does NOT include financial history , Trade dress, or the current partnership's business or legal entity. Business Assets that are identified ,only. New buyer must create and establish there new business entity moving forward in the event they will remain in the business of bowling and leasing.**
Owner will provide a grace period part time training assistance up to 30 days
after closing.
All information is provided by the sellers. All bidders agree to hold harmless Loomis Auctioneers, Inc. of any and all liability, completely whatsoever.
PLEASE VIEW LOT 3B FOR ADDITIONAL IMAGES
FLOOR #1, RENTAL UNITS, PARKING GARAGE, AERIAL, ETC.
TERMS: ALL REAL ESTATE AND BUSINESS ASSETS ARE SOLD AS-IS. 10% DEPOSIT & 10% BUYER'S PREMIUM DUE WITHIN 2 BUSINESS DAYS AFTER THE CONCLUSION OF AUCTION. BALANCE OF 90% IN OR WITHIN 30 DAYS AT CLOSING. PLEASE READ TERMS AND CONDITION COMPLETELY PRIOR TO PLACING YOUR BID(S). DO NOT BID IF YOU DO NOT HAVE THE ABILITY TO PAY.
Sold As-Is, Real Estate & Business Assets, without any warranties, guarantees, claims, profitability, speculated income or profits, whatsoever.By registering to bid, bidding and/or buying your have agreed to the terms & conditions of the auctions.You have agreed to hold harmless Loomis Auctioneers & sellers of any and all alleged claims and liabilities.
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We always recommend all bidders place their maximum or "max" bid to prevent being shut out or over bid in the final seconds. Please note your max bid is secure , totally confidential to only you and the system without access to anyone. Your max bid is not used until someone bids against you. In the event no one bids against you, your max bid money is never used. Do risk being maxed out by the last second bidders, Always allow up 10 seconds for internet processing time , internet speed delay , systems malfunctions. Also note most sessions allow 1 to 2 overtime extensions of 1 to 2 minutes , when bids place under 2 minutes of final timeout . Again only 1 to 2 extension bidding times. When the item has timed out , it is over . No claims by unsuccessful bidders considered , whatsoever.
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All 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.
Do your own diligence and inspections prior to sale. Loomis Group Auctioneers, LLC assumes no liability if any item causes personal injury. AS AL AUCTIONS , BUYER ASSUMES THE LIABILITY TO PREFORM ALL DUE DILIGENCE TO ESTABLISH
VALUES, CONDITIONS, DESCRIPTION CLAIMS, SQUARE FOOTAGE,INCOMES , TAXES, EXPENSES ,M ANY AND ALL DIRECT OR INDIRECT CLAIMS BY SELLERS AND LOOMIS AUCTIONEERS, WHATSOEVER.
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: 100% payment on sale days. 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.
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.
ALL LOTS SOLD AS IS. NO REFUNDS, NO RENEGOTIATION, NO ARBITRATION, NO RETURNS, WHATSOEVER. All internet auction buys and transactions must be paid by credit card, or other pre approved payment methods within 2 business days of conclusion of auction. Any extended days without approval will be considered violation or breach terms & conditions. Loomis Auctioneers reserves the right to enforce the terms and conditions.
Loomis Auctioneers Inc. reserves the right to, but not limited to, refuse, reject, strike, cancel, deny, any bidding, any registration, attempting to bid, buy, register, or other, for any reason, whatsoever. Loomis Auctioneers Inc. reserves the right to "Black List" any registered bidder for any reason, without liability, whatsoever. By registering to bid, you have read, understand and agree to this point, and all point of the terms and conditions on this site, and the attached terms flyer on this site. Do not register, and / or bid if you do not agree with all terms and conditions.
Real Estate buyers agreements are posted and available online, and available for review prior to auction dart or conclusion of auction. Buyer may not delay for attorney review, post point of sale. All deposits and buyer's premiums must be paid, per agreement. DO NOT BID, if you have not read, agree to, or will sign said agreement or terms and conditions. DO NOT BID UNLESS YOU HAVE THE ABILITY TO PAY AT THE POINT OF SALE, FOR EACH AND EVERY LOT YOU THAT YOU ARE THE SUCCESSFUL BIDDER.
Auction Location:
Various, Various, Pennsylvania, United States
Previewing Details:
AUCTION LOCATION:
1216 Hall Ave, Sharon, PA 16146
NOW ABSOLUTE AUCTION !
OPEN HOUSE / INSPECTION DAY: 12/22
Please call or email us to schedule your private viewing appointment at any time. Doors open on auction day at 5:00 PM, prior to timing out at 6:30 PM, for final inspections, and staff assisted floor bidding.
Drive by inspections okay. Inspections only with approval of Loomis Auctioneers.
Real Estate Agent/Broker participation welcome!
Preview Day / Auction Day Contacts:
Justin 724-815-1958 • Tim (724) 813-9854
(724) 528-2550 / Email: loomisgroupco@gmail.com
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
10% |
Additional Fees:
Shipping Details:
ALL LOTS SOLD FOB PICK UP LOCATION.
Tim: 724-813-9854 / Justin: 724-815-1958
Expect possible delays due to virus protocols. people in home limit, and single drive. No load assistance, bring help.
Contact 724-528-2550
Email 24/7 loomisgroupco@gmail.com
Payment Details:
Payment: All bidders must supply credit card (full) information prior to bidding, or end of auction, to be eligible for bidding. DO NOT BID, if you do not have the ability to pay, or do not agree with the terms and conditions, or payment conditions and post auction sales agreements. FULL LIABILITY APPLIES TO PAYMENT IN FULL
ALL PAYMENTS DUE WITHIN 2 BUSINESS DAYS OF END OF AUCTION.
We accept credit cards, direct money wire, certified moneys, or pre-approved bank check, with credit card back up. A 4.5% ADDITIONAL PROCESSING FEE IS ADDED FOR CREDIT CARD PAYMENT.
All lots paid in full by credit card or credit card back up to pay within 2 business days of end of auction, without exception. 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.
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Wire Transfer
Bidders and end buyer have read, understand, and agree to the terms and conditions of all lots and real estate agreement prior to bidding, and buying. Buyer may not delay for attorney review, post point of sale. All deposits and buyer's premiums must be paid, per agreement. ALL LOTS SOLD AS-IS, NO EXCEPTIONS/ BUYER'S FULL LIABILITY FOR FULL PAYMENT
Loomis Auctioneers reserves the right to cancel, extend, reschedule, or omit any auction or specific lots, or lot for any reason, whatsoever. Auctioneer's discretion at or before the point of sale. To include issues, that would compromise the fair market value, that include weather conditions, "Act of God", bidding attendance, live location, or online/ internet, lack of interest, or other. All bidders, buyers agree to “hold harmless” Loomis Auctioneers of any liability, whatsoever.
This is not an absolute auction. Items sold with seller approval. Most auctions have seller’s approval of acceptance of final bidding.
Reserve Auctions: In any reserve auction, the seller has the right to bid, on any and all items, per auction regulations. The auction company reserves the right to bid on the seller’s behalf, or both.
We always recommend that all bidders place their maximum or "max" bid, to prevent being shut out, or over bid in the final seconds. Please note your max bid is secure, and totally confidential to only you and the system, without access to anyone. Your max bid is not used until someone bids against you. In the event no one bids against you, your max bid money is never used.
Do not risk being maxed out by the last second bidders! Always allow up 10 seconds for internet processing time, internet speed delay, and systems malfunctions.
Please also note that most sessions allow 1 to 2 overtime extensions, of 1 to 2 minutes, when bids are placed in under 2 minutes of final timeout. Again, only 1 to 2 extension bidding times. When the item has timed out, it is over. No claims by unsuccessful bidders considered, whatsoever.
All lots paid in full by credit card or credit card backup to pay within 2 business days of end of auction, without exception. 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. DO NOT BID unless you have the ability to pay, and agree to all terms and conditions and post auction sales agreements.
Any out of state bidders/buyers must supply valid credit card. In addition, Loomis Auctioneers Inc. may require a driver's license or I.D. to establish authenticity of registration. Loomis Auctioneers Inc. reserves the right to deactivate, blacklist, and pursue legal action, in the event of alleged wrongdoing, bogus, or fraudulent registration information, and/or attempting to bid and buy with false information.
A 4.5% ADDITIONAL PROCESSING FEE IS ADDED FOR CREDIT CARD PAYMENT.
ALL LOTS/ITEMS SOLD AS IS. All descriptions, marketing,representations,and auction lot claims, are provided by seller. Bidders and buyers agree to "hold harmless" Loomis Auctioneers of all marketing claims. Any and all Internet auction items and lots are sold AS-IS. Loomis Auctioneers only provide image, and description of lot. Loomis Auctioneers do not make any claims, warranties, quality, or other claims. It is the buyer's responsibility to attend inspection days, or other, to perform any and all due diligence. Do not bid if you do not agree to these terms. No refunds or adjustments of any kind. In the event of any point of purchase rejections of any kind, Loomis Auctioneers and Seller reserve the right to resell the said lot or item. Original buyer will assume all advertising costs, fees, shortfalls of original selling price paid, and any other fees Loomis Auctioneers may charge, including $200.00 per professional fees associated with the refusal issue. Also includes real estate lots.
ALL LOTS AND REAL ESTATE SOLD AS - IS! THE BIDDERS AND BUYERS RESPONSIBILITY TO PREFORM 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 buyers agree to "hold harmless" Loomis Auctioneers of any and all liability and 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.
If technical issues occur please call
724-528-2550 ext. 214
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. OVERTIME, AND LAST MINUTE BIDDING EXTENSION MAY APPLY (EXTENSIONS BY VARY AUCTION TO AUCTION.) 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.
All real estate, and real estate lots are sold AS -IS, without any warranty, or guarantees of any kind, whatsoever. It is solely the bidder’s / buyer’s complete responsibility to perform any, and all due diligence pre auction. All due diligence, to include, but not limited to, structure, land content & acreage, lot sizes, dwelling, building, quality, deed descriptions, boundary and property lines, taxes, wetlands, contamination, any and all items. Sold AS - IS.
Buyer guaranteed a clear, transferable, title by seller. To close within 30 days, or indicated in the terms of sale.
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. All information has been provided by the seller.
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.
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, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.
Payment Terms: 100% payment on sale days. Cash, certified checks, company checks only with letter of guarantee from bank, credit card, (4.5% 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.
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.
ALL LOTS SOLD AS IS. NO REFUNDS, NO RENEGOTIATION, NO ARBITRATION, NO RETURNS, WHATSOEVER. All internet auction buys and transactions must be paid by credit card, or other pre approved payment methods within 2 business days of conclusion of auction. Any extended days without approval will be considered violation or breach terms & conditions. Loomis Auctioneers reserves the right to enforce the terms and conditions.
Loomis Auctioneers Inc. reserves the right to, but not limited to, refuse, reject, strike, cancel, deny, any bidding, any registration, attempting to bid, buy, register, or other, for any reason, whatsoever. Loomis Auctioneers Inc. reserves the right to "Black List" any registered bidder for any reason, without liability, whatsoever. By registering to bid, you have read, understand and agree to this point, and all point of the terms and conditions on this site, and the attached terms flyer on this site. Do not register, and / or bid if you do not agree with all terms and conditions.
Real Estate buyers agreements are posted and available online, and available for review prior to auction dart or conclusion of auction. Buyer may not delay for attorney review, post point of sale. All deposits and buyer's premiums must be paid, per agreement. DO NOT BID, if you have not read, agree to, or will sign said agreement or terms and conditions. DO NOT BID UNLESS YOU HAVE THE ABILITY TO PAY AT THE POINT OF SALE, FOR EACH AND EVERY LOT YOU THAT YOU ARE THE SUCCESSFUL BIDDER.