Reserve Price: The property has a reserve price of $15,000 (minimum bid). Acknowledgement of Terms: All bidders must review and sign the Acknowledgement of Terms & Conditions document before bidding. Property Condition: The property is sold in 'AS IS' condition. The Seller will not make any repairs or concessions, and there are no contingencies. Inspections: The sale is not contingent upon a satisfactory inspection. Bidders are encouraged to inspect the property before the auction ends. Financing: The sale is not contingent upon the Bidder's ability to secure financing. The buyer is responsible for any appraisal gap. Post-Auction Procedures: After the auction closes, the successful Bidder must sign and return the purchase contract and any other required documents electronically or personally within 24 hours. Deposit: The successful bidder must provide within 24 hours a 10% of contract price (earnest money) via electronic transfer or in person. Closing: The buyer must complete the purchase within 45 days of the auction. Seller's Obligations: The seller will cover the costs of the owner's title insurance, deed preparation, conveyance fee, and real estate tax proration. Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the final purchase price. For more details, please see the Frequently Asked Questions and Advantages of Competitive Bids. Any personal property remaining on this property becomes the sole possession and responsibility of the new owner.