SECURE CREDIT CARD/DEBIT REGISTRATION IS REQUIRED FOR AUTHENTIFICATION TO VERIFY YOU ARE A LEGITIMATE BIDDER.
PLEASE FOLLOW THE PROMPTS TO REGISTER BY CLICKING THE ONLINE BIDDING LINK & OBTAINING A USER NAME & PASSWORD ALONG WITH SECURED CREDIT CARD REGISTRATION FOR AUTHENTIFICATION. THEN GET READY TO BID!
TERMS: REAL ESTATE: Non-refundable 10% down within 48 hrs. of auction ending via cash, good check, or wire transfer & close on or before 45 days. A 10% buyer’s premium will be added to the final bid to determine final sales price. Property taxes paid by seller for 2023, buyer to pay 2024. No contingencies - If you can’t close don’t bid. PERSONAL PROPERTY: Accepted methods of payment are cash, cashier's check, wire transfer or local personal/business check (Must have I.D), OR Visa, MasterCard or Discover with a 3% processing fee in person (minimum processing fee of $3). Personal and business checks will be verified for sufficient funds before items are removed from the auction site. All purchases that have not been paid by Thursday, Dec 14th at 3 P.M. CST will automatically be charged to the credit card used at registration, with a 4% processing fee (minimum processing fee of $3).
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the final bids to determine final sales price.
SALES TAX: Sales tax does NOT apply to real estate. KY Sales Tax (6%) will be added to the sale price, where applicable. Farmers, dealers or other exempt parties must provide proper documentation at pickup. Please note KY Farm Exemptions now require the KY Farm Exemption Number.
You can manually bid each time or conveniently use the maximum bid feature and let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid. NOTE: The max bid feature will post your max bid amount until we have reached the reserve (on Real Estate ONLY).. **If more than one bidder bids the same amount on an item either manually or through the automated maximum bid feature, the system will recognize the leading bidder as the bidder who entered their bid first in the system -either manually or automated.**
DYNAMIC SOFT CLOSE: Golden Rule – Wilson Real Estate & Auction #1, LLC’s (Hereinafter referred to as Golden Rule – Wilson, LLC) Online Auctions are timed events and all bidding will close at specified time. Golden Rule – Wilson’s online auctions also have an auto extend feature. If a bid is placed in the final 3 minutes of an auction, the close of the auction will be automatically extended 3 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:02. The auto extend feature remains active until no further bids are received within a 3-minute time frame. You can manually bid each time or conveniently use the Maximum Bid feature & let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid.
Please note that some "sets" of items may be linked together to close at the same time. When similar items are linked, if bidding is extended on one item in the group, it extends the bidding times on other items in that group.
PICK UP: THURSDAY, December 14th from 12 Noon to 3 P.M. CST – Loader Tractor Available. Golden Rule – Wilson, absolutely DOES NOT provide shipping, items to be picked up on location. Removal of items, moving, packaging, loading, transporting, etc. are the sole responsibility of the purchaser.
PICK UP LOCATION: Lewis Garrison Rd, Columbia, KY 42728 (End of Road)
All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. All item descriptions are believed to be accurate to the best of our knowledge & ability; however, they are not guaranteed. All property is expressly sold ‘AS, IS”. **There SHALL be no grounds for any claim, refund, adjustment, charge back, etc.** All description information has been gathered from sources which we believe to be reliable but are not guaranteed. ** Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. ** Purchasers are responsible for their own due dilligence. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.
SERVER & SOFTWARE TECHNICAL ISSUES: In the unlikely event the Bidding Software or the bidding system should fail, the auction company reserves the right to extend the bidding past the advertised closing date and time. Should this unlikely event happen, all registered bidders will be emailed accordingly with the new ending date and time. The date & time extension will apply to both open and closed lots should a system failure occur. In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Golden Rule – Wilson, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor GOLDEN RULE – WILSON, LLC, SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Golden Rule – Wilson, LLC. Any dispute between Golden Rule – Wilson, LLC its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Adair County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.
AGENCY: Golden Rule – Wilson, LLC Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Golden Rule – Wilson, LLC and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. Golden Rule – Wilson, LLC reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Auction company employees and/or auction company may bid on and purchase auction items.
BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Golden Rule-Wilson, LLC auctions. If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify the Auctioneer immediately. For additional information, contact Golden Rule – Wilson LLC, Auctioneers at 270-384-1111. TIME IS OF THE ESSENCE in regard to all auction terms.
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