This property will be sold as-is not subject to inspections or financing. A 10% deposit is required with all offers and is non-refundable if the buyer is unable to close. The 10% deposit must be wired to Freije Auctioneers escrow account within 48 hours of the end of the auction. The buyer is responsible for all closing costs, surveys, etc/ Subject to Tenants Rights thru 2013 Harvest. A 10% buyer’s premium will be added to the purchase price to arrive at the final sale price.
"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.