BUYER PREMIUM: The highest bidder acknowledges that there is a seven percent (7%) Buyer's Premium which will be added to the final bid price to be paid by the highest bidder and will be incorporated into the total selling price. The highest bidder also will acknowledge that Maas Companies Inc is the Agent for the Seller. Independently, if applicable, a two percent (2%) Broker Participation Fee will be due from the Seller to the Broker representing the highest bidder who registers with Maas Companies Inc prior to the completing their online registration. Said participation fee shall be paid when the highest bidder, registered by said broker, closes on the purchase of the property. Broker Participation is not required. CERTIFIED DEPOSIT: The high bidder must submit a SECOND CERTIFIED DEPOSIT bringing the total deposit monies equal to 20% of the total purchase price due within 2 business days of bid acceptance. The remaining balance is due on day of closing, within 30 days. The earnest monies deposits are NON-REFUNDABLE unless the Seller cannot give clear title on the property. The Buyer acknowledges that the Buyer has inspected the property and is purchasing the property on an "as is, where is with all faults" basis. The Buyer also acknowledges that there are no express or implied representations or warranties by Seller as to physical conditions, quality of construction, workmanship, or fitness for any particular purpose. The Buyer further acknowledges that the information and descriptions are believed by the Seller to be accurate, however, such information and descriptions are not guaranteed. The Buyer agrees to be bound by the terms of these terms and conditions and agrees to execute any additional documents to proceed with the purchase of the property under the terms of this offer. Bids submitted on Proxibid are binding and irrevocable. Bidders are bound by their bidding via Proxibid, at no time may a buyer revoke a bid. Bidders further acknowledge that the property is selling subject to owner confirmation with 24 hours of the sale. ANY ANNOUNCEMENTS MADE DURING THE AUCTION PROCESS WILL TAKE PRECEDENCE OVER MATERIAL PUBLISHED ABOUT THIS EVENT.