BIDDING ONLINE: Proper and complete registration is required. All bidders must provide name, address, phone number, email address, and, upon request, show proof of qualifying financial eligibility to support bid amount. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

BUYER'S PREMIUM: A 6% buyer's premium will be added to the final bid. The buyer's premium, together with the final bid amount, will constitute the total purchase price of the Real Estate. (Example: Hammer Bid Price $100,000 plus 6% Buyer's Premium equals Contract Purchase Price of $106,000).

Payment: A 5% non-refundable down payment of the Contract Purchase Price in the form of cash, check, or wired funds in USD are due within 24 hours following the auction with the signing of a legally binding purchase agreement. (Example: Hammer Bid Price $100,000 + 6% Buyer's Premium $6,000 = Contract Purchase Price $106,000 with a 5% Down Payment of $5,300). Arrangements will be made with the successful bidder to execute the documents either via email, the bidder’s agent, or in-person meeting. within 24 hours of the auction.

CLOSING: All auctions are a cash sale with closing date and full payment due no more than 45 calendar days from date of real estate officially being declared sold. Closing is scheduled on or before Thursday, June 4, 2026. Real estate auction closings are not contingent upon appraisals, surveys, or inspections of any kind. All due diligence is to be completed prior to final bidding. Buyers who fail to go to closing forfeit the 5% down payment in full. All closing costs and wiring fees are the buyer’s expenses.

INSPECTION: Property is being sold “As Is” with no contingencies or warranties expressed or implied. All inspections, due diligence and walkthroughs are encouraged prior to auction at the buyer's expense. The buyer must rely upon his/her own due diligence and examination of the physical property or records, HOA or special assessment fee, tax liens, encumbrances, zoning or otherwise associated with said property and not rely upon any statement or representation by the auctioneer or staff as to the nature or condition of the property. Buyer representation is encouraged. Square footage measurements are estimated.

EVIDENCE OF TITLE: This property is being auctioned in conjunction with the law firm of Garlock and McKinney with the condo being owned by a Trust, Victor C. Garlock as Trustee, and title offered through a Special Warranty Deed by the Trustee, subject to conveying clear title at closing. Ultimate bid is subject to Trustee approval and is not guaranteed.

SELLER’S RIGHTS: Seller has a right to refuse the final bid price with the sale subject to seller’s confirmation. All real estate auctions are defined as ‘at reserve’ unless otherwise noted.

AUCTION END TIME: All online auctions are timed events, and all bidding will close at a specified time and have 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.

BROKER PARTICIPATION: A buyer’s agent qualifies for a cooperating commission and a percentage of sale as stipulated in the listing agreement will be paid to any properly licensed Broker who registers prior to the auction and presents a successful buyer at the closing table. The buyer’s agent must have a valid contract agreement with the bidder and be the representative on record. Bidder/Brokers must contact auction firm for information regarding cooperation of commission sharing.