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Auction Sunday April 5th 2009
http://www.visualtour.com/shownp.asp?sk=29&t=1843509&close=true
1. Homes will be held open on Sunday 1:00 to 5:00
for inspection.
2. To enter the bidding you must leave a bid sheet
prior to the close of inspection on Sunday.
3. Your initial bid can be any amount.
4. Initial bids can be changed at any time up to the Monday afternoon bidding.
5. Bids Can Be Withdrawn At Anytime
6. Bids are NOT Legally Binding
Name:____________________________________
Best Phone # To Be Reached At: (____) ____-______
2nd Phone If Can’t Reach Other: (____) ____-______
Address____________________________________
City: _________________ State: ______ Zip: ______
Email: _____________________________________
Starting Bid Amount $_________________________
(___) YES!! Please send me deals on homes for sale
with instant equity when they become available.
How the Bidding Process Works1. Getting involved in the bidding process is simple.
2. You DON’T have to be pre-approved for a loan and the
bid can be withdrawn at anytime.
3. To get involved simply leave your contact information with
the open house host with the best phone number to be reach
when the final bidding begins (please ask host for date and times).
Here’s how the Round Robin bidding process works.
We will conduct several rounds in this manner until there is
only one bidder left.
We call the top bidder and let them know the bidding had begun.
Then we call the other bidders one after the other.
Here are the options the bidders have when we contact them.
Final Round Robin Bidding Process
Each time you receive a call you have one of two options:
1. Raise your current above the highest bidder by at least
$500 to stay in the bidding.
2. Retire from the bidding process.
We will offer the home to the highest/best bidder at his or
her highest and best bid price.
If the highest/best bidder does not meet the conditions of
the terms-of-sale or fails to provide credible ability to purchase
the home – the home will immediately be offered to the next
highest/best bidder at his or her final bid price.
This is an open bidding process and we will tell anyone what
the highest bid is at any time.
Every bidder will have the opportunity to top the current bid
until highest & best bidder is established.
The sellers have sole and absolute discretion to determine
highest and best bid.
The highest/best bidder gets the home at his or her highest
bid price.
Bidding Rules
This is a sale with a Minimum Reserve.
All bids placed at the open house are not legally binding and
can be withdrawn at any time.
After the final bidding process is over a winning bidder will be
determined.
They will fill out an agreement with the price and terms agreed
upon Monday after the open house.
If the highest and best bidder does not meet the conditions
of the terms-of-sale or is unable to get financing to purchase
the home – the home will immediately be offered to the next
highest/best bidder at his or her final bid price.
The homeowners and buyers have the right to decide not
to execute a contract (acceptable to the owner) at any time
before an agreement has been signed.
Owner may or may not accept offers below a set Reserve price.
Back-up purchase agreements will be taken.
___________________________________________________________________________
Final Agreement: On Monday, the day after the sale, an agreement will be filled
PURCHASER QUALIFICATION: Bidders must obtain financing for the home, if
Should the winning bidder fail to show their ability to pay the purchase price, or
CLOSING COSTS: All closing cost is at buyer's expense unless otherwise specified.
SALES INFORMATION/POSTPONEMENT/CANCELLATION: Owner, in its sole
We Take Privacy Seriously, Your name and e-mail address will never, never


