1. ALL PERSONS DESIRING TO BID ONLINE AND LIVE MUST BE REGISTERED THE FRIDAY PRIOR TO THE AUCTION AND MUST HAVE OBTAINED A BIDDER'S NUMBER. MUST BE 18 YEARS OF AGE TO REGISTER WITH PICTURE ID. YOU MUST PROVIDE YOUR NAME, ADDRESS, PHONE NUMBER AND VALID ID.
2. GRANT'S AUCTION & REALTY & HIS AGENTS., HEREIN AFTER REFERRED TO AS THE AUCTIONEER, RESERVES THE RIGHT TO ADD TO OR WITHDRAW FROM THE AUCTION ANY ITEMS LISTED OR NOT LISTED, TO GROUP INDIVIDUAL LOTS INTO LARGER LOTS FOR SALE TO SUBDIVIDE LOTS INTO SMALLER LOTS FOR SALE OR TO SELL ALL LOTS IN BULK WHEN IT IS IN THE BEST INTEREST OF THE SELLER.
3. AUCTIONEER IS PROVIDING ONLINE BIDDING AS A CONVENIENCE TO BIDDERS AND NOT RESPONSIBLE FOR ANY ERRORS IN BIDS, OMISSIONS OF BIDS OR FAILURE TO EXECUTE BIDS AND SHALL HAVE NO LIABILITY TO ANY BIDDER FOR ANY TECHNICAL OR OTHER FAILURE ASSOCIATED WITH THE INTERNET AND BIDDERS UNDERSTAND AND ACKNOWLEDGE THAT THIS SERVICE MAY OR MAY NOT FUNCTION CORRECTLY THE DAY OF THE AUCTION. UNDER NO CIRCUMSTANCES SHALL A BIDDER HAVE ANY CLAIM AGAINST AUCTIONEER. ALL INFORMATION LISTED ON ITEMS WAS TAKEN BY THE OWNERS AND AUCTIONEER IS SELLING THE ITEMS IN "AS IS' 'WHERE IS' CONDITION WITH NO WARRANTIES EXPRESSED OR IMPLIED. ALL BIDDERS SHOULD INSPECT AND MAKE THEIR OWN DETERMINATION AS TO THE AGE, OVERALL CONDITION, YEAR MODEL AND ANY INFORMATION RELATED TO A PARTICULAR LOT OR ITEM. THE PICTURES AND BROCHURE ARE FOR REFERENCE ONLY. BIDDER INSPECTION IS ENCOURAGED!!! I, THE BIDDER, HAVE EXAMINED/REVIEWED THIS PROPERTY AND ACCEPT IT AS IS.
4. IF YOU CLICK BID AND ARE THE HIGH BIDDER, YOU ARE SUBJECT TO THE FULL BUYER'S PREMIUM REGARDLESS OF YOUR POSITION AS A SELLER OR BUYER ON THAT ITEM OR OTHER ITEMS. EVERY SUCCESSFUL HIBID PARTICIPANT PAYS THE BUYERS PREMIUM.
5. BIDDER ACKNOWLEDGES RESPONSIBILITY FOR ANY PERSONAL INJURY OR PROPERTY DAMAGE CAUSED BY THE BIDDER OR HIS AGENT, AND FURTHER AGREES TO HOLD THE AUCTION COMPANY, AUCTIONEERS AND HIS AGENTS HARMLESS FROM ANY PERSONAL INJURY TO HIMSELF OR HIS AGENTS AND ANY PROPERTY DAMAGE INCURRED ON AUCTION PREMISES.
6. BUYER IS SOLELY RESPONSIBLE FOR THE ITEM(S)/LOT(S) UPON THE AUCTIONEER STATING "SOLD" OR THE "CLOSE"OF AUCTION. iTEMS MUST BE PAID IN FULL PRIOR TO REMOVAL. A 5% BUYERS CONVENIENCE PREMIUM WILL BE ADDED TO THE WINNING BID ONLINE BUYERS ONLY, 4% CREDIT/DEBIT CONVENIENCE FEE CHARGED TO ALL ONLINE BIDDERS. YOUR CREDIT CARD NUMBER WILL BE RETAINED AND CHARGED FOR YOUR PURCHASES WHEN YOU SIGN UP FOR A BIDDER NUMBER. IF AN ITEM IS WON, THE RETAINED CREDIT CARD WILL BE CHARGED FOR THE FULL AMOUNT, PLUS THE 5% BUYERS COVENIENCE PREMIUM, 4% CREDIT CARD CHARGE. THE BUYER AGREES TO PAY ALL INVOICES IN ACCORDANCE TO THE TERMS SET FORTHHEREIN. IN THE EVENT SUCH INVOICES ARE NOT PAID THERE WILL BE A LATE CHARGE FEE AT THE RATE OF 15% PER YEAR OR THE MAX INTEREST ALLOWED BY LAW. BUYER ALSO AGREES TO REIMBURSE GRANTS AUCTION & REALTY FOR ANY ATTORNEY FEES, COLLECTION FEES, AND/OR COST INCURRED IN ORDER TO COLLECT ANY PAST DUE AMOUNTS OR ENFORCE THE AUCTION TERMS SET FORTH HEREIN. VENUE FOR ANY LITIGATION IS AGREED TO BE IN BECKHAM COUNTY, OKLAHOMA.
7. OKLAHOMA DOES NOT REQUIRE TITLES ON ALL TRAILERS. HOWEVER WE WILL GLADLY PROVIDE A BILL OF SALE WHEN APPLICABLE SO YOU CAN APPLE FOR A TITLE. IF WE HAVE THE TITLE IN HAND IT WILL BE GIVEN TO YOU DAY OF AUCTION
8. ALL ITEMS MUST BE PAID FOR IN FULL BEFORE REMOVED FROM THE AUCTION LOCATION. ALL ITEMS MUST BE PICKED UP 14 DAYS FROM THE DATE OF THE AUCTION, ANYTHING LEFT AFTER THAT WILL HAVE A $10.00/DAY STORAGE FEE.
9. GRANT'S AUCTION & REALTY AND THEIR AGENTS RESERVES THE RIGHT TO BID ON BEHALF OF ABSENTEE BIDDERS AND HIBID BIDDERS. THE SELLER, THE AUCTION COMPANY EMPLOYEES OR AGENTS RESERVES THE RIGHT TO BID ON ANY ITEMS IN THE AUCTION.
10. ANY LOT WITH QUANTITY OF GREATER THAN ONE WILL BE SOLD AS QUANTITY TIMES THE HIGH BID PRICE.
11 BUYER HEREBY AGREES THEY HAVE READ THE BIDDER TERMS AND CONDITIONS AND HEREBY AGREES TO THE ABOVE TERMS AND CONDITIONS OF THIS AUCTION.
REAL ESTATE TERMS & CONDITIONS:
1. ALL BIDDERS AND PARTICIPANTS IN THIS AUCTION SALE HEREBY AGREE THAT THEY HAVE READ AND FULLY UNDERSTAND THE FOLLOWING TERMS. BY PARTICIPATING IN THIS AUCTION SALE, BIDDERS AND PARTICIPANTS FURTHER AGREE TO BE BOUND BY THE TERMS AND CONDITIONS OF AUCTION CONTAINED HEREIN.
2. AUCTION TIME FOR REAL ESTATE WILL START CLOSING AT 10:00 AM CST ON SATURDAY, MARCH 30, 2024 - SOFT CLOSE FORMAT.
3. AUCTION & PROPERTY LOCATION: 1108 EAST MAIN STREET, CORDELL, OKLAHOMA.
4. LEGAL DESCRIPTION: A TRACT OF LAND IN THE NE/4 OF S3, T9N, R17W IM WASHITA COUNTY, OKLAHOMA
5. ONLINE BIDDERS CAN REGISTER THROUGH OUR HIBID PLATFORM AT GRANTSAUCTION.HIBID.COM
6. BUYER'S PREMIUM; THERE WILL BE A 5% BUYERS PREMIUM FOR ONLINE BIDDERS.
7. 10% OF PURCHASE PRICE WILL BE DUE IMMEDIATELY FOLLOWING THE AUCTION. THE 10% CAN BE MADE IN THE FORM OF A CASHIER'S CHECK, PERSONAL CHECK OR WIRE TRANSFER TO SMITH TITLE AND CLOSING, ELK CITY, OK (CLOSING COMPANY). THE 10% WILL IS FORFEITED BY BUYER IN CASE OF BUYER BREACH OF CONTRACT, SPLIT 50/50 BETWEEN THE SELLER AND THE AUCTION COMPANY.
8. REAL ESTATE AUCTION IS NOT CONTIGENT UPON BUYER SECURING OR OBTAINING FINANCING. ALL BIDDERS MUST HAVE ANY NEEDED FINANCING ARRANGED PRIOR TO BIDDING AT THE AUCTION. EARNEST MONEY DEPOSITS ARE 'NON-REFUNDABLE' IN THE EVENT A BIDDER CANNOT COMPLETE CLOSING.
9. ALL SUCCESSFUL BIDDERS WILL BE REQUIRED TO ENTER INTO THE REAL ESTATE PURCHASE CONTRACT AT THE AUCTION SITE OR BY DOCUSIGN FOR ONLINE BIDDERS IMMEDIATELY FOLLOWING THE CLOSE OF THE AUCTION.
10. A CURRENT/UPDATED ABSTRACT WILL BE PROVIDED BY THE SELLER AT SELLER'S COST. TITLE WILL BE TRANSFERED BY DEED, LESS AND EXCEPT ALL OF THE OIL, GAS AND OTHER MINERALS.
11. THE BALANCE OF THE REAL ESTATE PURCHASE PRICE WILL BE DUE AND PAYABLE AT CLOSING, AFTER THE ABSTRACT IS BROUGHT UP TO DATE AND TITLE OPINION COMPLETE, WITH NO DEFECTS TO THE TITLE TO BE CORRECTED.
12. COST OF THE SELLER WILL BE - COST OF THE ABSTRACT UP TO DATE, PREPARATION OF THE DEED, AFFIXING REVENUE STAMPS TO THE SAID DEED, COST OF AUCTIONEER'S COMMISSION AND ADVERTISING EXPENSES, COST OF ONE-HALF OF THE CLOSING AGENT FEE.
13. COST OF THE BUYER WILL BE - COST OF THE TITLE OPINION; TITLE INSURANCE POLICY (IF REQUESTED), ONE-HALF OF THE CLOSING AGENT FEE, COST OF SURVEY IF REQUIRED, COST OF RECORDING OF DEED; COST OF ALL FEES RELATED TO ANY LOANS WHICH MIGHT BE OBTAINED TO PURCHASE REAL ESTATE. AND 5% BUYER'S PREMIUM.
14. POSSESSION WILL BE AT CLOSING.
15. REAL ESTATE TAXES - ALL 2023 AND PRIOR TAXES WILL BE PAID BY THE SELLER, 2024 TAXES WILL BE PRORATED TO THE DAY OF CLOSING.
16. AUCTIONEER STRONGLY RECOMMENDS THAT ANY PROSPECTIVE BIDDER PERSONALLY INSPECT THE PROPERTY PRIOR TO THE AUCTION. EACH POTENTIAL BIDDER IS REPONSIBLE FOR CONDUCTING THEIR OWN INSPECTIONS, INVESTIGATIONS.
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