Reading Auction Service & Real Estate represents the sellers only and does not inspect property on behalf of buyers and does not assume responsibility for the correctness of any descriptions.
Bidder agrees to terms and conditions upon registration for sale and agree to be bound by terms. Property is sold “as is where is” with faults, no implied or expressed warranties of any kind. Buyer is to perform all inspections prior to auction.
Buyer must make non-refundable deposit at the conclusion of bidding. See specific listing www.readingauctionservice.com for deposit requirements for specific auction. Total purchase price is the amount of highest bid plus 5% buyers premium. Immediately following the auction Buyer must execute the sales contract and property disclosure (if available) which will be posted prior to the auction. The balance of the purchase price will be due within 30 days along with all closing costs.
Buyer will pay all closing costs including title insurance, closing fees, filing costs, revenue stamps and 5% buyers premium and any other fees. Seller will cure any title problems if needed. Taxes will be pro-rated to the day of closing.
Possession will be upon closing with filing of deed.
Deposit will be refunded if seller defaults.
Properties sell subject to bank, court or seller approval. The court, bank or seller retains the right to bid or have someone bid on their behalf.
Property is sold with no contingencies. Buyer must conduct all inspections required by lender before auction and buyer must be pre-qualified if using a lender.
Buyer should rely on their own information, judgement and inspection of the property and records. All information given whether orally or in writing was from sources believed to be accurate but is not guaranteed. All dimensions or real estate are only approximations.
Any Broker/Agent who brings a buyer to auction or represents themselves will be paid a referral fee only in the amount of $1,000 and must register the buyers name & address and Agent information via email to readingauctionservice@yahoo.com at least 96 hours prior to auction.
5% buyers premium will be charged on all personal property
Get Shipping Quotes