Bidding at an auction conducted by Karlin Daniel & Associates should be a fun and rewarding experience. We focus on making your auction experience as pleasant and easy as possible. You can scratch your nose or even wave at a friend and not unintentionally buy anything. The auctioneer's chant is pleasing and avoids monotony. The bidding will be clear, and you will always be able to understand how much money is bid. If you are planning to attend and perhaps bid at a Karlin Daniel & Associates conducted auction, you should be aware of the TERMS and CONDITIONS of the auction so that you are well prepared to bid and BUY! Initially, the best course of action when contemplating whether or not you wish to bid at an auction conducted by any auctioneer is to request all literature available regarding the specific auction you have interest in attending. Karlin Daniel & Associates routinely publishes auction flyers or brochures that list and describe the property or properties being sold at our upcoming auctions. We are delighted to provide you with this information without any charge. Our printed material often features photographs, plats and other valuable information. Upcoming real estate auctions being promoted by our company feature additional information in what we label as the "Bidders Information Package". This valuable information will include copies of the deeds, plats, tax bills, purchase contracts, registration forms and any other factual data obtained from our extensive research of the property subject to that particular auction. Real estate auctions and personal property or equipment auctions differ in many ways. One distinct difference is that in personal property or equipment auctions, the terms of payment require that the total purchase price be paid in full at the time of purchase. Real estate auctions require a deposit and the remaining balance is payable at a specified date, usually 30 days, after the date of the auction. In real estate auctions, the burden of discovering the quality of title is the responsibility of the buyer. However, should a less than marketable title present itself, and the problem is not correctable, then the funds deposited and held in escrow will be returned to the buyer. In personal property or equipment auctions, the buyer is assured by the auction company of a good and marketable title to all items being purchased at auction. Additional terms typical to an auction: ALL BIDS ARE BASED ON CASH AND YOU SHOULD NOT BASE YOUR BID ON DOLLARS YOU DON'T HAVE INSPECTION TIMES ARE PUBLISHED FOR OUR AUCTIONS AND WE ENCOURAGE YOU TO MAKE YOUR OWN DETERMINATION OF THE FITNESS OF ANY ITEM OR PROPERTY AND ITS SUITABILITY FOR YOUR PURPOSE ONCE AN ITEM HAS BEEN DECLARED SOLD TO YOU IT BECOMES YOUR PROPERTY AT THAT MOMENT ALL ITEMS ARE SOLD STRICTLY ON AN "AS IS, WHERE IS" BASIS AND ALL SALES ARE FINAL THE APPROPRIATE SALES TAXES ARE CHARGED UNLESS YOU HAVE AN EXEMPTION FORM SIGNED AND APPROVED PRIOR TO THE PURCHASE MOST OF OUR AUCTIONS ARE SUBJECT TO A 10% BUYER'S PREMIUM ADDED TO THE BID PRICE PERSONAL OR BUSINESS CHECKS ARE NOT ACCEPTED UNLESS PRIOR APPROVAL HAS BEEN ISSUED FOR EACH AUCTION You should arrive at the auction site with adequate time to register with the auction company and receive your bid paddle. This time will provide you with time to ask any questions you might have and to thoroughly inspect any item you wish to bid on and buy. Now, raise your paddle and bid. It is open and public bidding, the fairest disposal method in the world.