MIKE LOGAN’S HVAC & PLUMBING LIQUIDATION AUCTION

Description

Terms

PLEASE NOTE: All online bidders agree that they have read and fully understand these terms and agree to be bound thereby:

Buyer Premium: A Buyer Premium of 18% is added to the high bid. Please take this into consideration when bidding. Bid price + buyer premium = sale price.

Loadout: Thursday, February 22, 9:00 AM-3:00 PM at 51 S Galloway St, Xenia, OH. Local pickup only—NO SHIPPING WILL BE PROVIDED. Items will be picked up from Auction location . All purchases will be paid for in U.S. funds on the advertised pickup date via cash, check, or credit card (MC/VISA - additional 4% convenience fee charged). All payments (cash, check, and credit card) must be made in person ONSITE prior to loadout during the scheduled loadout period. The credit card on file with Proxibid will not be automatically charged at the close of the auction except as described below.

Absolutely no removal of items without a paid receipt. Any items not paid for and picked up on scheduled pickup date will be charged to buyer's credit card on file with the bidding platform unless other arrangements have been made. Buyers must provide their own tools and labor for removal of items; no labor will be provided by owner or Auction Company. All risk of loss and/or damage for items left at the property after this scheduled pickup day will be purchaser's sole responsibility.

Payment: All purchases will be paid for in U.S. funds on the advertised pickup date via cash, check, or credit card (MC/VISA - additional 4% convenience fee charged). If Purchaser has not paid or picked up items by the end of advertised Pickup Date, SHERIDANS will charge the total amount due to the credit card on file with the online bidding platform, including a 4% convenience fee. All sales are FINAL – no refunds.

The successful bidder whose payment is insufficient to satisfy his/her invoice total will be considered in default and will be flagged in our database. SHERIDANS reserves the right to sell to the next highest qualified bidder in the event the successful high bidder does not comply with the terms of the sale. By bidding on the items in the auction, the buyer agrees to all terms and conditions set forth. By registering and placing a bid you agree that if you happen to become a default bidder, SHERIDANS has the right to charge your credit card for the entire balance of your invoice, plus any and all costs incurred by the Seller and SHERIDANS in a subsequent resell of the item(s). If SHERIDANS is able to sell your item to the next highest qualified bidder at a price lower than the auction high bid price, the default bidder agrees to allow Sheridan to charge their credit card for the difference in their high bid price and the actual selling price to the backup bidder.

Online Bidding: All SHERIDANS Timed Online Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 2 minutes of the auction's ending will automatically extend the auction for 2 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction for that item automatically extends to 6:02 pm. The auto-extend feature remains active on a per-item basis until no further bids are received within the 2 minute time frame.

During this auction process there is a chance that you will be outbid. At that time you will receive an outbid notification by email. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, sometimes email notifications can be delayed. We are not responsible for the failure of any part of the bidding process or internet bidding.

If you are bidding against someone who has placed a max bid in the system that is exactly the same as your max bid, the max bid that is placed first will take precedence over a bid placed after. This means that the person who placed the bid first will have the high bid in the event that the same bid is placed.

Inspection: Public Inspection Friday, February 16, 10:00 AM to 3:00 PM at 51 S Galloway St, Xenia.

Modifications and Technical Difficulties: SHERIDANS retains full discretion to modify the date, time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of SHERIDANS or the Seller.

In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, SHERIDANS and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither Proxibid nor SHERIDANS nor the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.

Bidder’s Agreement: Your use of this site and bid placement constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.

Disclaimers: All items sold AS IS, WHERE IS with all faults and without warranty expressed or implied. SHERIDANS is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions; however, it is the bidder's responsibility to execute due diligence by inspecting the items, asking questions, and/or conducting any video or photographic inspections to determine the condition of each item. Descriptions that are provided by the Auction Company are provided in good faith and may be matters of opinion. It is automatically acknowledged by registering that you have inspected the items being sold to your satisfaction. By placing a bid, this creates a contractual agreement to purchase the items being sold at the high bid price plus Buyers Premium and any additional fees.