This property is being sold with a reserve. In other words the seller reserves the right to accept or reject the high bid. Upon approval (normally within 3 business days) the high bidder will be notified by our staff at the phone number or email address provided on the registration form. There is a 11% buyer?s premium. 11% or $2000, whichever is greater, will be added to your high bid to arrive at the contract price. KEEP THIS IN MIND WHILE YOU?RE BIDDING. Example: High bid $100,000.00 X 10% = $10,000.00. $100,000.00 + $10,000.00 = $110,000.00 is the contract price. There will be a 10% deposit due today. Immediately following the bidding, the successful bidder will execute a contract for the purchase of the property and deposit 10% of the contract price with the escrow agent. Personal checks are accepted. The contract is not assignable. The balance of the purchase price is due at closing within 30 days. Each purchaser is responsible for obtaining his/her own financing if necessary. You must be pre-approved for financing. If you are unsure of your ability to obtain the necessary financing, do not bid as you could lose your earnest deposit if you don?t close. The contract to purchase this property is subject to the seller being able to provide an insurable title. Purchaser will pay all closing costs associated with this transaction with the exception of the seller providing owners title insurance and pro-rated taxes. All other expenses will be paid by Buyer. All adjustments of taxes or other pro-ratable items on this property shall be prorated as of the date of closing. Any unresolved complaint with H5 Auction & Realty should be directed to : Texas Department of Licensing and Regulations; P. O. Box 12157; Austin, TX 78711; 512-463-6511, www.tdlr,texas.gov. All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. H5 Auction & Realty may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall H5 Auction & Realty be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. H5 Auction & Realty shall endeavor to describe in detail each item and any pertinent information about it. H5 Auction & Realty will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase. H5 Auction & Realty is providing Internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against H5 Auction & Realty or anyone else if the Internet service fails to work correctly before or during the live auction. H5 Auction & Realty will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. H5 Auction & Realty reserves the right to withdraw or re-catalog items in this auction.