Lot Terms:

All lots are sold "AS-IS" and must be paid in full on auction day.
Cash, Credit Card (when announced), certified funds, company check with letter of bank guarantee or recommendation. Check out after auction.

Real Estate Terms:

$10,000 down non-refundable deposit day of auction and signed purchase agreement. 10% of purchase price in addition due within 7 business days. Balance at closing within 30 days. The funds to be paid by cash, credit card, cashier's check, company check accompanied by letter of guarantee or recommendation from bank to meet or exceed the deposit amount. A personal note may be required (until check clears), to be marked VOID and returned to buyer.
FINANCING AVAILABLE

Balance of the purchase price to be paid within 30 days or at closing .
All Real Estate is sold AS-IS with a guarantee to pass all environmental inspections (paid by buyer). Seller guarantees clear title.
These warehouses are in "like new" condition.
Loomis Group Auctioneers does not warranty or guarantee any Real Estate or its descriptions, information on taxes, closing costs, or inspections. Any warranties made will be the sole responsibility of the seller.

Closing costs are announced or issued prior to auctions. All buyers are responsible for their bidder's number and all charges.

Registration for a buyers number constitutes an agreement to all terms-- written or announced.

Auctioneers hold the right to offer, re-assess and re-offer Real Estate, as many times as he or the owner feels needed to obtain the highest price. When more than one parcel or real estate properties are offered, auctioneer has the right to offer lots separately, and in entirety and sell whichever combination produces the greatest amount to the seller. When Auctioneer announces "SOLD", that acts as a legal binding contract, and buyer is responsible to pay the entire amount of the sold price. In the event the buyer refuses the Real Estate, he (or she) will be held liable for all legal fees, costs, and forfeits deposit. If Real Estate is sold for a lesser price than the original auction price, the initial auction buyer will be responsible for the difference in the amount.

Buyers must perform their own due diligence prior to the auction and bid accordingly. Buyer is responsible for their own appraisals, financing, ect. Loomis Auctioneers can refer buyer (prior to auction) to Real Estate Lenders.

Video Recoding of the public auctions may be performed for reference. All registered buyers give consent to video recording by signing the buyer's registration.