The home is being offered AS IS. 

1. Only bidders who have seen the property may bid on it. The Seller has an undisclosed minimum reserve.

2. Bids may be left at any level, at any time prior to 5 PM Sunday evening.

3. No one can enter the bidding after 5PM Sunday.

4. The bidding will be open.  We will tell the status of the bids at any time.

5. The highest or best bidder prior to the round-robin bidding will have the opportunity to make the first bid when the final bidding begins.  The next highest or best bidder will get the second call, and so on.

6. Every bidder will have the opportunity to top the high/best bid until the highest or best bid is established.

7. If there is more than one bid at the same level, the earliest bid will be honored.

8. Bids must be increased a minimum of $500, ie, $99,000: 99,500, etc.

9. Round-robin bidding starts at 7 PM. Sunday night. The bidder with the highest/best qualifying bid at the end of the round-robin bidding will be offered the home.

10. Real estate professionals are encouraged to bid for themselves and their clients.  Sales commission will be paid to the Buyers Realtor as outlined in the the MLS Listing. 

11.  There is a 3% Buyers Premium on the final sale.  Make your bid accordingly.  Example:  Your final bid is $100,000 and the seller accepts this as the highest and best bid.  Your price for the property will be $103,000.00 ($100,000 plus 3%), and will be so listed on the purchase contract.

12. The owner reserves the right to cancel the sale at anytime prior to accepting a written offer. All bidders will be notified.

13. The owner reserves the right to accept or reject any offers.  Verbal or written bids are not binding on either party.

14. Buyers can make bids with the understanding that they can withdraw their bid at any time, for any reason.  Buyers must also understand that the seller is not obligated to take the highest or any bid offered.