TERMS & CONDITIONS FOR REAL ESTATE
1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com.
2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.
3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract.
4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.
5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding.
6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract.
7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.
8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
TERMS & CONDITIONS FOR PERSONAL PROPERTY
1. All bidders must be registered to bid, and will not be accepted without providing name, address, phone, and valid ID. By registering for the auction, bidder agrees to and accepts the terms and conditions of the auction set forth herein.
2. All items are being sold "As-Is, Where-Is". All sales are final. Bidders are encouraged to inspect items being sold and are solely responsible to satisfy themselves as to any inspections, current condition, usability, etc. prior to bidding. Buyer is solely responsible for the item upon the auctioneer stating "sold" or the "close" of auction.
3. PREVIEW: Thursday, January 9th, 11AM-1PM
4. PAYMENT & TAX INFO: A 10% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Acceptable forms of payment include cash, company/personal check, credit card, or wire transfer. A 3% card convenience fee will be added to the invoice if paid by credit/debit card. No credit/debit cards will be accepted for items needing shipment. All items needing shipment must be paid in full by wire transfer only. All invoices must be paid in full prior to removal. In the event Buyer has not paid accordingly, the registered credit card shall be automatically processed on any unpaid balances, unless other arrangements have been made. Purchases are subject to city, county, and state sales tax, where applicable, unless Buyer provides appropriate exemption permit.
5. PICK UP/REMOVAL: Buyer pick up/removal date and time: Wednesday, January 15th, 9-11:30AM. No load out shall be provided by the Seller or the Auction Company (BRING HELP). Although we understand hardships and situations arise, we simply do not have the manpower or storage capacity for items which are not retrieved on designated pick up/removal date(s) and time(s). Please make every attempt to attend the above designated pick up/removal or send someone on your behalf.
6. FORFEITURE: In the event Buyer does not attend the designated pick up/removal, the Auction Company will make reasonable effort to arrange a separate scheduled date & time for Buyer to retrieve items; however, no guarantee is made by the Seller or the Auction Company. An additional fee may be assessed by the Auction Company for a separate scheduled pick up/removal. If items are not retrieved by 5 PM, Friday, January 31st, 2025, then Buyer automatically forfeits items and the Seller and/or Auction Company may dispose of the items at their sole discretion with no further liability to the Buyer.
7. SHIPPING INSTRUCTIONS (U.S. Only): No Shipping.
8. UNPAID INVOICES: The Buyer agrees to pay all invoices and/or debts to Wiggins Auctioneers in accordance to the terms set forth herein. In the event such invoices and/or debts are not paid, there will be late charges accrued at the rate of 15% per year or the max interest allowed by law. Buyer also agrees to reimburse Wiggins Auctioneers for any attorney fees, collection fees, and/or costs 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 Garfield County, Oklahoma.
9. All information is taken from sources believed to be reliable; however, no guarantee is made by the Auction Company nor the Seller. Buyer(s) shall satisfy themselves as to value, size, condition, etc. prior to auction day.
10. The Auction Company, Seller or an Agent/Representative reserve the right to bid on behalf of themselves or a third party.
11. For convenience, this auction is being broadcast online. Neither the Auction Company nor the Seller is responsible for delay of signal or loss of signal by either side.
12. Bidder hereby agrees to sign/accept by electronic means, and that the electronic signature/acceptance shall have the same force and effect as an original signature.