Table of Content
The Auctioneer makes no warranty as to condition and shall not be responsible for any defects in any Lot. Any used firearm should be inspected by a competent gunsmith for safety, function, and proper ammunition type/size before attempting to fire. Any description of mechanical function or condition does NOT mean the gun has been inspected or tested for firing capabilities. All goods are exposed for Public Exhibition and for Internet buyer's, condition is described in the listings.
If you choose to have your item delivered, YOU ARE RESPONSIBLE FOR MAKING DELIVERY ARRANGEMENTS. Please call us to arrange these services no later than 24 hours prior to the auction pick-up time. Upon a successful online bid the credit card registered for said online bidding platform whether Alderfer Online or a 3rd party platform will be billed automatically for all winning bids within the auction. Earnest money is applied toward your total down payment and closing costs when the sale is completed. Earnest money can telegraph your commitment to the purchase and assure the sellers that you won’t back out without a reason. Real estate experts say you can expect to put down 1% to 3% of the purchase price, but the amount can vary according to local market conditions.
Buying from the U.S. Government
Also, for real estate auctions, find out if financing is permitted. Many times it is not and the full purchase price is due when you win the bid. Please call or email for delivery fees for your particular lot.
If you’re participating in a silent auction, make sure you bid your very best price, since you won’t have the opportunity to know what others are bidding. A HUD auction is a foreclosure auction on homes that were financed by the Department of Housing and Urban Development , a federal agency instead of a private mortgage lender. “These auctions aren’t your eBay-type auctions,” says Monzo, “they are closed auctions.” That means that everyone who wants to bid can do so, but they bid without having any idea what the others are bidding.
HUGE Christmas Eve Auction Saturday 12/24 6 pm CST (WE SHIP)
A max bid is the highest amount you are willing to pay for an auction item. Any winning bidder wanting to ship a firearm or firearms outside of the continental United States must make arrangements with an FFL Importer/Exporter. Alderfer Auction strongly encourages bidders to personally inspect all lots. The Bidder should also review online descriptions, listings and/or catalogs to obtain necessary information. Bidders may contact Alderfer Auction for a condition report at Alderfer Auction will attempt to furnish one, but shall not be liable for failing to do so. All auction inquiries must be received a minimum of 48 hours prior to the start of the auction.
Have your real estate agent run “comps” or comparisons, which will show you what similar homes in the area are selling for and/or have sold for in the recent past. The comps will give you a feel for whether the seller is asking a reasonable price for the home. If you’re searching on Zillow, each home listing includes a section showing comparable homes for sale.
Auction Bid Gallery
I agree to be contacted according to these Terms & Conditions. This consent includes receiving autodialed calls and texts from Altisource Online Auction, Inc. and its affiliates. I understand that this consent is not a condition to receiving any services. To "favorite" properties, submit bids 24/7, and receive instant updates. We Have the Experience RealtyBid’s been auctioning properties online since 2001. We’ve become experts at what we do, and we’ve developed a loyal following along the way.
Photographs may also be used to represent condition of an item. Merchandise is to be removed from the Auction location during the specific auction’s stated pick-up dates and times. Addendum statements made day of auction take precedence over previously printed materials.
Consider whether to waive or include contingencies
So if you enter a bid of %s for this item, the system will place bids on your behalf in response to bids from other users until someone bids more than %s. Items offered for sale are described and graded by Alderfer Auction Team of specialists, relying on personal knowledge, comparable sales and research in their respective fields. These items are described for information purposes, and are sold “As Is”. Buyer shall satisfy themselves through inspection, photos and/or condition reports.
All wine sales must be picked up, no shipping is available in accordance to PA law. Alderfer Auction can provide limited in-house shipping through USPS on international purchases under $200.00, that are not oversized, heavy or fragile. Purchases over $200.00, or ones not eligible for in-house shipping will be referred to a third-party shipper.
Thus, we are implementing a Holding and Handling Program effective November 2, 2020. When you are a winning bidder of an Alderfer Online you are required to pick-up your items at that location on given date and scheduled time. Bids are executed in competition with the audience on an alternate basis.
The general rule for auctions is that the highest bidder wins, and cancellation is not possible. Check with the auction site ahead of time to find out if you can cancel a bid. Property seized by the Internal Revenue Service for tax violations may be sold by mail-in bid or live auction. After paying your earnest money, a variety of things will happen depending on the type of auction you participated in. This is the part of auction bidding where your listening skills come in. If you’re participating in an in-person auction, you don’t want to raise your paddle at the wrong time , so listen carefully and stay alert as the auction progresses.
So even if you’re not new to real estate bidding but are new to a specific platform, you’ll want to do your research, so you can come to the table prepared. Savvy investors know exactly what they want to achieve before going into an auction. This helps them buy the right property that meets their investment goals. For example, are you thinking of buying an auctioned home to hold, flip, or rent out?
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