This 'AutoExtend' feature allows the bidding process to be more fair for every bidder and gives all bidders a chance to respond to any last-minute snipe bid(s). This continues and repeats until there are no more bids submitted during the 10 minute extended period. If another bid is received during that 'extended time,' the ending time is extended again-and again, if necessary, for 10 additional minutes for each extension. If there is a bid placed in the final 10 minutes for an item, the ending time for that item is automatically extended to allow the bidders 10 minutes to react. The basic rule is there must be a minimum of 10 minutes for a bidder to react to a bid. The seller will convey property to purchaser by QUIT CLAIM DEED unless noted otherwise.Īuctions use the AutoExtend feature.
#Online liquidation auction full#
Submitting/making a bid is a legally binding contract which requires full compliance by bidders/buyers of all Wisconsin Surplus Online Auction Terms & Conditions, as well as full payment by the final highest bidder, plus buyers' fees, per the terms listed herein.įull payment must be made (High Bid, Buyers Fee, Deed Transfer Fee) before deed will be transferred. You may make final payment by mailing a certified check to at PO Box 113, Mount Horeb WI 53572 or Call for Wire Transfer directions at 60. The following are not acceptable forms of payment: Credit Cards, Paypal, Personal checks & Business checks are NOT acceptable. Accepted payment methods include: cash/currency, bank-guaranteed checks/drafts, money orders, bank wire transfers, ACH Deposit. Narrative descriptions contained in these listings are excerpts from the Property Listing Reports.įull payment is required on or before the posted payment deadline. The purchaser expressly waives any claim for adjustment or rescission based upon any such representation or statement. Representations or statements regarding the property made by the seller or any representative of the seller shall not be binding on the Seller or considered as ground for any claim for adjustment in, or recession of, the resulting sale of the parcel. Submitting/making a bid is a legally binding contract which requires full compliance by bidders/buyers of all Wisconsin Surplus Online Auction Terms & Conditions. Bidders are strongly encouraged to inspect property and ask any questions prior to bidding. The entire risk as to the quality and performance of the property is with the buyer, and should the auction property prove defective following the purchase, the buyer will assume the entire cost to rectify. All items offered for auction and their descriptions have been provided by the seller & compiled to assist the buyer. Items offered for auction are subject to final confirmation by the seller. Both the sellers and/or Wisconsin Surplus reserve their right to withdraw any auction item at any time and/or change the auction duration without giving any notice. If you have any questions please contact Wisconsin Surplus.Īll properties sell "AS IS - HOW IS - WHERE IS." Neither Wisconsin Surplus nor the seller gives any type of guarantee or warranty, implied or otherwise. Prior to bidding - bidders are strongly encourage to review the 'How to Bid' section.
Please see below table for applicable buyers' fee rates/amounts.īy use of you agree to the User Agreement & Terms of Use. Buyers' fee percentage is determined by actual amount of the final accepted high bid on each item. FEES: Auction Buyers Fee & Deed Transfer FeeĪn Auction Buyer's Fee will be added to all high bids to determine the final selling price.INSPECTION: On your own from the public roadway during daylight hours.CONTACT: For inspections and General Questions Contact: Todd Neuenfeldt at 71 or - For Deed Transfer Questions: David Ray, Corporation Counsel, or Helen Bush, Legal Associate at 71516 Church Street Stevens Point WI 54481 - Fax: 7Available: M-F 7:30-4:30pm.
Payments must be in the form of Guaranteed Funds (Cashiers Check, Wire Transfer or Cash)
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