How do I pay for items at an auction of business assets or a liquidation sale?
Many auction companies will not take checks and/or credit cards; this means cash or cashiers check only…be prepared! Deposits may be required to obtain a bidder’s paddle, or simply upon the award of a bid. Either way, you will most likely be responsible to leave a deposit for your purchases on the day of the auction. Full payment is always required before purchases can be picked-up. Full payment is to be made at the conclusion of the auction, even if you do not intend on picking up your purchases for several days.
