PRACTICE BIDDING LOT
This lot is used for test bidding and to place sample and practice bids. Feel free to bid on this lot, these are sample bids only and you will not be charged for using the practice bidding lot.
MAX BID AMOUNT
If you are not going to be available when the auction ends you can place a max bid. You can enter the highest amount you are willing to pay and the computer will automatically bid up to your max amount in the increments specified. NOTE: EXAMPLE 1. If the bid is at $200,000 and if you put in a $220,000 max bid, you would be the high bid at $200,050 provided no one else has placed a higher bid. If the auction ends at $200,050 you would be the winner at $200,050, It would take someone else to bid against you to increase your bid. EXAMPLE 2. If the bid is at $200,000 and your max bid is $220,000 and someone else has placed a bid of $209,000, then your bid would be advanced to $209,050. And if the auction ends at $209,050, then that Final Bid Plus the 5% Buyers Premium will determine final selling price/purchase price of $219,502.50.
RESERVE: Bidding Starts at $90,000! No Reserve!
Online Real Estate Auction Information
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