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Terms of Sale

REAL ESTATE DEPOSIT REQUIREMENTS: A CASHIER’S CHECK ONLY DEPOSIT OF $5,000.00 MADE PAYABLE TO GREGORY K. CREWS, ESCROW, WILL BE REQUIRED ON THE DAY OF THE AUCTION TO REGISTER AND BID ON EACH PROPERTY. An additional deposit in the form of a personal check to bring the total deposit to equal 10% of the Total Contract Price must be made on the day of auction. NO EXCEPTIONS PLEASE. REAL ESTATE CLOSING: Balance of the purchase price is due at closing, which shall be on or before 30 days following the Auction. The property will be sold “As- Is” condition. Buyer shall rely on entirely on their own information, judgment, and inspection of the property and records. All announcements made from the Auction Block will take precedence over any previously printed material or any other statements made. The Auctioneer represents the seller in this Real Estate Transaction. Seller shall provide a copy of prior Title Insurance policy or a title Insurance Commitment. Seller will deliver property at closing “free and clear of liens and encumbrances.” Buyer will pay all closing costs.