5% Buyer's Premium will be charged. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a deposit of $1500. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 30 days. Buyer will be guaranteed good merchantable title and the real estate taxes will be prorated. The property is selling on an AS IS basis and subject to seller's approval. Purchasing at auction is NOT contingent upon financing, all financing arrangements must be made prior to bidding. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Baker Auction & Realty and its representatives are agents of the seller.