Real Estate Auction Terms and Conditions: Please note that winning bidder will be required to make a $25,000 non refundable deposit to Whatman Realtors & Auctioneers 1160 Lexington Ave. Mansfield, OH 44907 within 48 hrs of auction close. Winning bidder will also be required to sign a Real Estate Auction Contract, Auction Terms and Conditions, and any other applicable documents. Buyer Accepts Property AS-IS. Sale is not contingent upon Inspections, Financing, or Appraisal. Any inspections to be done prior to auction closing day. Property sells AS-IS There will be a 10% buyers premium added to the final bid price to arrive at the contract sales price. $25,000 non refundable deposit to be made by winning bidder within 48 hours of auction close/Seller Confirmation. Balance due within 30 days. Possession on closing. Buyer is responsible for title search and title insurance. Chicago Title to be the closing agent. Buyer will be required to purchase title insurance policy. Whatman Realtors & Auctioneers represent the Sellers in the Auction. If for any reason the sellers are unable to close the transaction, contract will become null and void and deposit returned to the buyer immediately. Please note that we recommend placing your maximum bid and letting the computer bid for you in case of internet outages or internet lag. We are not responsible for computer malfunctions. INTERNET OUTAGE: In the event of an internet outage that would affect the auction while live bidding is taking place Whatman Realtors & Auctioneers reserves the right to suspend and resume the auction at a later time or date. RESERVE AUCTION: All Whatman Realtors & Auctioneers "online auctions" are "Reserve" auctions. Therefore the auction company reserves the right to establish or change bidding increments, remove items from the auction, split or combine lots, add minimum bids or reserve prices, cancel, suspend, extend or reschedule an individual item and or auction event. Suspend or cancel the bidding of any buyer at any time. Change, modify, delete, or add to descriptions, photos. Change auction closing time, inspection, or removal times. Rescind the sale of any or all items regardless of high bid upon auction conclusion. Whatman Realtors & Auctioneers permits the registration and bidding of any party as long as they meet the registration requirements and terms and condition including sellers, members, owners, employees and associates of Whatman Realtors & Auctioneers. Whatman Realtors & Auctioneers reserves the right to bid for the seller up to the reserve price. Property sells with seller confirmation (Reserve) The auction company is not responsible for technical or communication problems, website outages, browser incompatibility or any connectivity issues.