winnging bidder will be required into an agreement the following day of the auction. The sell is subject to seller confirmation There is no buyers premium on the real estate A bank letter of credit is required to bid on the real estate THIS IS AN INTERNET ONLY AUCTION: All items sell as is, where is with any and all faults or flaws. Items sell with no warranty stated or implied. Bidding opens immediately and starts to close on Tuesday Dec 19th @ 6pm everytime there is a bid the real estate will stay open for bids for another 10 minutes STAGGERED/DYNAMIC CLOSING: The auction will begin closing at 6 PM on Tuesday, Dec 19th. Real Estate will begin to close at 6:00 PM. The closing time of each lot will be automatically extended an additional 10 minutes when ever a bid is placed within the last 2 minutes of the lot closing. LOAD OUT/PICK-UP: Winning bidders will meet the auctioneer and sign contracts the following day and put the 10 percent down check that will remain in excrow at a title company. S AGE REQUIREMENT: All bidders must be at least 18 years of age to purchase. Real Estate is sold 'AS IS, WHERE IS, with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the real estate and bid accordingly. Descriptions are believed to be accurate but not guaranteed. Server & Software Technical Issues: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Schmid Auction reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR SCHMID AUCTION SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Schmid Auction.