Internet Premium: 11% Participation Requirements: Valid Credit Card required for bidding approval Payment Options: Visa, MasterCard, Discover Payment Instructions: We require a nonrefundable earnest money deposit of 5% from the successful bidder this will be charged to your card on file with Proxibid and deposited into the real estate escrow account. We accept wire transfers, cash or cashier’s checks only for real estate escrow. An 11% online buyer's premium will be added to all sales conducted via Proxibid. You will be notified at the end of Auction via email with your settlement sheet noting all purchases and amount due. All deposits and signed contracts must be in within 24 hours of auction end time unless otherwise noted. Currency Type: USD Shipping Instructions: Real Estate escrow payments must be in the offices of Foothills Property Group within 24 hours of close of bidding. Contracts will be hand delivered, faxed or emailed to buyer(s), at our company discretion. For those mailing in cashier checks or signed contracts, we ask that you use the following address: Foothills Property Group 330 E Coffee St Suite 5009 Greenville, SC 29601 Special Terms.,. 1. Please read and review the information here and on our website thoroughly prior to bidding on any property. The purchase contract includes this language and adopts the Terms and Conditions. If you have not read and reviewed the auction brochure or do not completely accept the terms and conditions - Do Not Bid. 2. Terms: We require a nonrefundable earnest money deposit in the form of a certified check, cash, card or wire transfer within 48 hours of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees. Closing will take place within thirty (30) days after close of auction, unless otherwise noted. 3. There will be a buyer’s premium added to the bid price to arrive at the final contract price. Example: Bid Price $100,000 plus an 11% buyer's premium equals a contract purchase price of $111,000. Buyer’s premium will vary from auction to auction and will be listed on the Proxibid page for each auction. All online only auctions are a cash sale unless otherwise specified and are not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the auction brochure. 3a. Seller(s) will pay property taxes to date of closing, for any outstanding liens, any homeowner association dues and for an infestation letter on properties requiring one. 3b. Buyer(s) pay all closing costs except those listed in 3a. These include, but not limited to, attorney fees, deed preparation, deed stamps, mortgages, mortgage points, surveys, delivery fees or any other fee or expense on their side of the transaction. 4. This is a Live Online auction therefore extended bidding does not apply. Extended Bidding: Our timed online auctions are based on a specified start day and time and all lots will begin closing at a specified time. We utilize an auto extend feature. Any bid placed in the final minutes of an auction will cause the auction ending to be automatically extended from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, and the extended bidding time for that auction is 2 minutes, the close time will automatically extend. The auto extends feature remains active until no further bids are received within the specified time frame. Auction company employees and/or Auction Company may bid on auction items. 5. Under the Uniform Commercial Code there are two types of auctions: Absolute and with reserve. Unless an auction or lot(s) are noted as ABSOLUTE all lots will sell with reserve (subject to seller confirmation of the high bid). These items are noted with a red R until the reserve price has been met. 6. Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Foothills Property Group and or the listing agent will make arrangements to immediately meet with the successful bidder or e-mail documents to be executed and faxed or e-mailed back to Foothills Property Group and or the listing agent within 48 hours of the end of the auction. Bidder(s) will also sign an Agency disclosure and appropriate addenda. 7. Any and all inspections that a buyer may want must be done at buyer expense prior to auction. 8. Agency: Foothills Property Group agents represent the seller in real estate transactions. 9. Bidder Verification: All bidders must provide their full name, address and daytime/evening phone number. Foothills Property Group and Terry Hester Auctions reserves the right to deny registration. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Foothills Property Group and Terry Hester Auctions may reject the registration, and bidding activity will be terminated. The Seller and Selling Agents and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. Bidders agree to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. 10. Property Offerings and Removals: Foothills Property Group and Terry Hester Auctions, according to its discretion, may offer property by the piece, acre, unit or by the lot. The seller, with the consent of Foothills Property Group and Terry Hester Auctions, has the right to remove a property from the auction before bidding is completed unless it is an ABSOLUTE auction. 11. Auction Participation and Compliance with Terms: By participating in an auction, bidders represent, irrefutably warrant and covenant that: -They shall not misrepresent their ability to close the transaction pursuant to the terms and conditions of the auction. -They have the capacity to close the transaction and that any bid they make on the item constitutes an irrevocable offer to buy the item for the full amount of the bid plus buyer's premium and applicable taxes. -They have the legal authority to enter into an agreement to purchase the item. -They shall forfeit all deposits or otherwise pay as liquidation damages all monies paid if payment is not made in full by the time specified. 12. Auction Participation and Bidding Errors: Immediate notification is required if a mistake is made in bidding. Bidders may still be held responsible for the bid. 13. NEW DATA, CORRECTIONS, AND CHANGES: Please log in prior to scheduled bid closing time to inspect any changes, corrections, or additions to the property information. 14. Disclaimer and Absence of Warranties: All information contained on the auction website and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an 'AS IS, WHERE IS' basis, and no warranty or representation either express or implied, concerning the property is made by the Seller, Sellers Agent or the Auction Company. All sketches and dimensions on the website are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained on the website is subject to verification by all parties relying on it - no liability for its accuracy, errors, or omissions is assumed by the Seller, Sellers Agent or the Auction Company. 15. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of the Auction Company are final. By bidding on the property at auction, buyer agrees to all terms and conditions set forth here and in the auction brochure as well as those set at beginning of the auction. 16. Each buyer is responsible to conduct his or her own due diligence on the property before bidding. 17. Malfunction, Shutdown, and Loss of Service: The results of the auction may be rendered void if malfunction, shutdown, or temporary loss of service occurs. In such an event, Foothills Property Group and Terry Hester Auctions reserves the right to remedy the situation in whichever way best represents the seller, including the cancellation of existing bids. Foothills Property Group and Terry Hester Auctions shall not be held liable in any way for any malfunctions, shutdowns, or loss of service. Bidder acknowledges and understands that this service may or may not function correctly at the close of the auction. Under no circumstances shall Bidder have any kind of claim against Foothills Property Group and Terry Hester Auctions or anyone else if the Internet service fails to work correctly during the close of the auction. Foothills Property Group and Terry Hester Auctions will not be responsible for any missed bids from any source. 18. Internet bidders who desire to make certain their bid is acknowledged should use the maximum bidding feature and leave their maximum bid 24 hours before the close of the auction. 19. Indemnification and Acceptance of Auction Terms by Bidders: Purchaser and Bidders agree to indemnify and hold harmless both the seller, their agent, Foothills Property Group and Terry Hester Auctions from and against all claims and liabilities resulting from any online auction, including but not limited to: proximate or consequential damages, failure to comply with local, state, or federal laws, and cost of legal expenses arising there from. No person shall have any claim against Foothills Property Group and Terry Hester Auctions their respective agents or employees for any injuries sustained or damages to or loss of property that may occur on site. These Terms and Conditions, and all questions with respect to the interpretation of these conditions, shall be governed by and construed in accordance with the internal laws of the State of South Carolina, without regard to conflict of laws provisions. All bidders expressly consent to personal and exclusive jurisdiction in the courts of the State of South Carolina located in Greenville County. 20. In bidding, you consent to agreeing with all the Terms and Conditions stated above and any auction specific terms posted on each auction brochure, website and/or terms emailed to you and or terms posted by Foothills Property Group and/or Terry Hester Auctions