Are auction sales contingent on inspection?
| Print | All of our sales are on an “as-is” basis. There are no warranties as to the condition and/or the fitness of the property for a particular use. We encourage our buyers to do their due diligence prior to sale day for their own protection. A full buyer’s package is available to prospective buyers, including appraisal, termite/moisture inspection, survey, and other documents relating to the sale of the property. This allows a potential buyer the ability to obtain financing prior to the auction.
All of our sales are on an “as-is” basis. There are no warranties as to the condition and/or the fitness of the property for a particular use. We encourage buyers to do their due diligence prior to sale day for their own protection. Because properties are open for inspection well in advance of the auction date, the buyer has the opportunity to preview the home with a home inspector, interior decorator, appraiser, contractor or other experts. The buyer’s bid would then reflect the results of the buyer’s due diligence and facilitate an “AS IS” sale.
