Real Estate Auction Terms $2,500.00 non-refundable deposit from the purchaser day of auction, closing to be within 30 days from auction time or sooner if possible. 4% buyer’s fee will apply for live bidders or 5% buyer’s fee for On-line bidders. Real estate is offered as-is and with no warranty from seller nor auction company Real estate sells with seller/administrator confirmation. Taxes: $159.00 semi-annual with several exemptions. Taxes will be pro-rated to closing. Sellers will provide clear title and deed for the purchaser. All other closing fees will be the buyer(s) expense…recording and transfer fees. Be sure to open and read the Sample Purchase Agreement prior to bidding. This will be an outline of the terms for this auction.