Auction Terms & Conditions 10% Buyers premium will be added to final bid on all items. 3% will be added to the final price if paying by debt or credit card.
Buyer must pick up items within the specified time frame stated. All items are sold as is, where is with no warranties or guarantees expressed or implied by Prater Realty Auction & Realty. It is the buyers responsibility to inspect all items prior to bidding. All sales are final. ALL ITEMS SELL AS-IS. Prater Realty & Auction has attempted to provide accurate descriptions of all items, however, it is the bidder's responsibility to determine the condition and suitability of each lot. Printed statements or descriptions by Prater Realty & Auction staff are provided in good faith and are matters of opinion only.
In the event of non-payment of items, the bidder shall assume all court costs associated with collection of payment in court. Any debt collection or dispute proceedings will be heard in Warren County, TN.
Soft Close: This auction has a soft close feature, meaning if a bid is placed within the last 1 minutes of a lot closing then time will be extended an additional 2 minutes onto the time left remaining.
Stagger Close: This auction features a stagger close which means items end in several second increments. each auction may have a different stagger time amount. larger auctions will have a smaller stagger time to ensure the entire auction ends in a timely manner. An example of a stagger close is this. The auction is set to start ending at 7pm. This does not mean all lots will end at 7pm. If the stagger time is set to 10 seconds then lot 1 will end at 7:00:00pm, lot 2 will end t 7:00:10, lot 3 will end at 7:00:20 and so on until all lots have ended. Note: bidding can extend on a lot if a bid is placed withing the last 2 minutes of the item ending. See the paragraph above to explain the "soft close' feature.
All items purchased must be picked up and paid for on the specified day and time. No exceptions. Please be prepared to pay for and pick up items on this day before you place a bid on any items. Please call our office if you have any questions regarding the pickup times and location 931-474-3715, ANY ITEMS NOT PICKED UP ON DESIGNATED PICKUP DAY WILL BE ASSESSED A $5 PER DAY STORAGE FEE UNLESS ARRANGEMENTS ARE MADE PRIOR TO AUCTION END.