Online Only Auction
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Date(s)
6/19/2024 - 7/9/2024
AUCTIONEER INFORMATION
Bidding Notice:

READ ALL AUCTION TERMS AND CONDITIONS


Information
Lot # 1a
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead BIDDING INSTRUCTIONS: HOW TO REGISTER & BID
Description
*To avoid being charged for this lot, do not bid here. -CREATE YOUR INTERNET BIDDING PROFILE on bontragerauction.hibid.com. Lot 1a contains a 3-minute video with instructions. -BIDDING PROCESS: Register and bid anytime between the start and close dates. At the end time, lots will close at the rate published (between 3 and 6 items per minute.) Bidding within the last minute of a lot increases the bid time by 2 more minutes on that lot only. Refresh your screen frequently to see the latest bidding info. -HOW TO BID: Click the "Bid" button or plus sign (+) found next to the lot you want to bid on. A screen will pop up that shows the next increment you must bid, or you can enter your own bid there. For items that show "X" and a number, your bid will be multiplied by that number. -WHAT IS A “MAX BID”? The system will bid for you up to the maximum amount you entered. You could win the item for less if other bidders stop bidding at an amount less than your maximum. If 2 bidders leave the same “max bid”, the one who entered first wins. -WHAT IS “SOFT CLOSE”? Lots close slowly, at a rate of 1 per minute, starting at the published closing time. Bidding within the last minute of a lot will increase the bid time for that lot by 2 more minutes. It will not affect the bid time for other lots. -OUTBID EVERY TIME YOU PLACE A BID? Most of the time this is because someone else has left a max bid on the lot you are bidding on that is higher than your bids. -HOW ARE BID TIES RESOLVED? The person who placed the bid first will win the bid. -HOW WILL YOU KNOW IF YOU WON? Bontrager Real Estate & Auction Service will contact you at the close of the auction. -PAYMENT: We accept cash and certified bank drafts. No personal checks are accepted.
Name REAL ESTATE: 2.71 ACRES VACANT LAND, TOWN OF BENNINGTON, NY
Auctioneer
Type Online-Only Auction
Date(s) 6/19/2024 - 7/9/2024
Auction Date/Time Info
STARTS Wednesday, June 19, 2024 at 9:00 am; ENDS Tuesday, July, 9, 2024 at 7:00 pm (soft close)
Preview Date/Time There is no preview for this auction.
Checkout Date/Time The nonrefundable deposit is due within 24 hours of the close of the auction, to be paid in cash or certified funds (no personal checks or credit/debit cards).
Location
Buyer Premium 10% cash/certified bank draft
Description
Public online real estate auction of a 2.71 acres of residential vacant land on Alleghany Rd in the Town of Bennington, NY. Online Bidding: Wednesday, June 19, 2024 at 9am - Tuesday, July 9, 2024 at 7:00 pm (soft close) -Property will sell subject to the owner's acceptance of the final bid. A 10% buyer's premium is added to the final bid, resulting in the purchase price. Please read all terms and conditions before bidding. A nonrefundable deposit of $5,000 is due at the close of the auction in cash or certified funds (no personal checks).
By bidding with our auction company, you are agreeing to the following. This property will be sold as is, subject to the owner's acceptance of the final bid. 10% buyer's premium is added to the final bid price resulting in purchase price. The buyer's premium is paid to the auction company. The nonrefundable deposit is due at the close of the auction in cash or certified funds (no personal checks or credit/debit cards). Deposit must be paid in full within 24 hours of the close of the auction as prescribed, or the bidder will by default immediately and without further negotiation forfeit the sale of the property, all future claims and rights to the property, and any deposit collected will not be refunded. Proof of funds is required in order to bid. All inspections must be conducted prior to bidding. Closing will take place approximately 45 days from the end of the auction, and is not contingent on the buyer's ability to secure funds. If buyer is unable to close on the property for any reason within prescribed time frames, the deposit will not be refunded, the buyer will immediately and by default forfeit the property and all future claims and rights to the property and the property will be re-sold. Cooperating brokers will be protected if they notify Bontrager Real Estate & Auction Service in writing or by email the name of their clients before the open house dates or before their client registers to bid, and are required to attend the open house or any showings with their client. Brokers can notify the auction company of the names of their clients by emailing todd@bontragerauction.com. Clients must register and bid in the online auction themselves unless they submit a written permission for a representative to bid for them prior to bidding. Bontrager Real Estate & Auction Service is acting as exclusive agent for the seller. Please review the auction contract and disclosures located in the documents section of our website. -All sales are final. Everything is sold "AS IS" with no guarantees unless otherwise stated by the auctioneer. It is the responsibility of the bidder to assure him or herself as to the condition of items, including real estate, prior to bidding. Condition reports given by the staff of Bontrager’s Auction Service are subjective, and while we strive to be honest, we will not be held responsible or liable for any errors in description. Buyer is responsible for examining items before bidding. Auction company does not take responsibility for buyer's failure to examine. Merchandise is not subject to adjustments once the item has been sold. -By bidding with our auction you are entering into a contract with our terms and conditions. You are accepting responsibility to perform your duties as winning bidder, and agreeing that Bontrager Real Estate & Auction Service, its employees, officers, owners, representatives, agents, and consignors will not be held liable for any losses, claims, liabilities, judgments, expenses, fees, or other damages arising from the use of our services, website, auction property, and this site, including property damage, injuries, dispute with another bidder, or breach by bidder of this site. Any liability to a purchaser will not exceed the purchase price actually paid. -Bontrager Real Estate & Auction Service will not be held responsible for any interruption in internet service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. By bidding with our company you are accepting that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. -Bontrager Real Estate & Auction Service has the right to void any sale, suspend bidding, re-sell any item/lots for any other reason. -Bids cannot be retracted once the auction begins. -In the event of legal proceedings arising from this contract or from the auction in connection therewith, buyer consents to being subject to the personal jurisdiction of the courts of the State of New York, Genesee County. -Failure to read or understand the terms and conditions of this auction does not exempt bidders from following them.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 950.00 50.00 USD
950.01 - 9,750.00 250.00 USD
9,750.01 - 19,500.00 500.00 USD
19,500.01 - 49,000.00 1,000.00 USD
49,000.01 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% cash/certified bank draft
Payment Terms
-Proof of funds is required to bid in this auction. -$5,000 deposit is due in cash or certified funds (bank draft, certified check) from the successful bidder at the close of the auction. We do not accept personal checks or credit/debit card payments for real estate auctions. Deposit must be paid in full within 24 hours of the close of the auction as prescribed, or the bidder will by default immediately and without further negotiation forfeit the sale of the property, all future claims and rights to the property, and any deposit collected will not be refunded. - In order to create a bidding account you will be required to enter credit/debit card information. For real estate auctions we will not bill your credit/debit card. -10% buyer's premium is added to the final bid price resulting in purchase price. -The buyer is responsible for paying the balance (purchase price minus deposit) at closing. Closing will take place approximately 45 days from the end of the auction, and is not contingent on the buyer's ability to secure funds. If buyer is unable to close on the property for any reason within prescribed time frames, the deposit will not be refunded, the buyer will immediately and by default forfeit the property and all future claims and rights to the property and the property will be re-sold.
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