Register to BidUpdate Profile

THE REAL ESTATE AUCTION AUTHORITY SINCE 1977
Integrity • Service • Results
Corporate Headquarters • 1216 Dawson Rd, Suite 102, Albany, GA 31707
PH: 229.436.2733 • 800.342.2666 • info@jdurhamauctions.com
Visit Us On FacebookVisit Us On TwitterCheck Our Feed
HOME AUCTIONS Current Auctions Past Auctions FOR SALE Acreage for Sale Residential Properties Equipment for Sale Commercial Properties BUYERS & SELLERS Why Auction? The Auction Process FAQ Terminology J.DURHAM BROKERAGE Brokerage Services Broker Referrals Acreage for Sale ABOUT US Our Qualifications Our Team Testimonials In the News CONTACT US Contact J.Durham Join our Mailing List


TERMS AND CONDITIONS OF THE AUCTION FOR ONLINE BIDDING

TERMS FOR ONLINE BIDDING: The online registration will need to be completed, including Credit Card information which will be verified and approved. THE CREDIT CARD WILL BE CHARGED $1.00 FOR THIS PROCESS. THE CREDIT CARD IS FOR VERIFICATION PURPOSES TO ENSURE WE HAVE SERIOUS BIDDERS. The successful “online” purchaser will be required to sign the Seller’s real estate purchase agreement and make an earnest money deposit equal to 15% of the contract price in certified funds or by wire transfer, within 48 hours of notification of being the successful purchaser. The executed contract must be submitted according to the instructions received with the contract. The sale will close in thirty (30) days after the date of the auction at which time the purchaser will pay the balance of the purchase price. A 10% Buyer’s Premium will be added to all purchases to arrive at a contract price. In the event the successful purchaser fails to submit the signed “Real Estate Sales Contract” and earnest money deposit within the 48 hour time frame, as specified above, they will be considered in “default”, and will be charged an administrative fee of $4,000.00 on the credit card provided at auction registration. All administrative fees are non-refundable. Additional default remedies are reserved by J. Durham and Associates, Inc. and the Seller.
J.DURHAM AND ASSOCIATES, INC., WILL HAVE THE “SOLE” AND “FINAL” DECISION AS TO THE SUCCESSFUL HIGH BID AMOUNT. ACCEPTANCE BY THE “ONLINE” BIDDING PLATFORM DOES NOT NECESSARILY CONSTITUTE AN ACCEPTED BID BY J. DURHAM AND ASSOCIATES, INC.

BIDDING INCREMENTS
$1,000---$5,000...$100
$5,000---$10,000... $250
$10,000---$25,000...$500
$25,000---$50,000...$1,000
$50,000---$75,000...$1,500
$75,000---$100,000...$2,000
$100,000---$250,000...$2,500
$250,000---$500,000...$5,000
$500,000+....$10,000

DEFINITIONS

“J. Durham & Associates, Inc.” is hereafter referred to as “Auctioneer.”

“The owner or entity selling a property or item through J. Durham & Associates, Inc.” is hereafter referred to as “Seller.”

“http://www.jdurhamauctions.com” and “http://www.jdurhamauctions.net” is hereafter referred to as the “Site”

“A registered user on the Site for the purpose of bidding in online auctions” is hereafter referred to as “Bidder”

“A bidder who has successfully won an auction with the highest bid” is hereafter referred to as the “Buyer.”

These definitions set forth above apply to any all paragraphs and sections of the terms and conditions of the Site set forth below.

DISCLAIMER

The Seller and Auctioneer have set forth information of an auction in that particular auction’s description for the purpose the Bidder’s convenience. All of the information included is believed to be correct to the best of the Sellers and Auctioneers knowledge, and in good faith. It is the Bidder’s responsibility to confirm that the provided information is correct. Relying on provided information without inspecting yourself is the Bidder’s risk. The Bidder must rely solely on their personal inspection of the item being sold. All items are being sold AS IS WHERE IS with NO WARRANTY, whether express or implied, and WITH ALL FAULTS. Please review all information, personally inspect the item being sold yourself, and seek assistance before bidding. No improvements or repairs to items for sale will be made by the Seller or Auctioneer.

AGREEMENT OF TERMS

The Bidder must be registered and agree to these terms before bidding. Any access to all auctions is subject to all specific terms and conditions and all laws and regulations including copyright and trademark laws. By accessing this site, Bidder agrees to all terms and conditions. Auctioneer reserves the right to change any or all of the terms and conditions at any time and for any reason without notice. It is the Bidders responsibility to review these terms and conditions for changes every time Bidder accesses the Site. By accessing the Site, Bidder agrees to any all changes that have been made to the terms and conditions of the Site.

TERMINATION OF AGREEMENT

Auctioneer reserves the right to terminate any and all of these agreements at any time for any reason without notice. These terms and conditions constitute a binding agreement between Bidder and Auctioneer. If Bidder is dissatisfied with the Site or sale in any way, Bidder’s only recourse is to discontinue use of the Site. Auctioneer reserves the right to terminate Bidder’s registration and use of the Site, impose limits, restrict access or use of part of or the entire Site without notice or penalty.

INTERRUPTION OF SERVICE

Auctioneer cannot and will not be held responsible for interruption of service, errors, or omissions caused by any means, and Auctioneer does not guarantee continual, uninterrupted or error free service. The Bidder acknowledges that these auctions are conducted electronically and relies on hardware and software that may malfunction unexpectedly. Auctioneer may void a sale, temporarily suspend bidding, and resale any items that were affected by malfunction. All decisions made by Auctioneer are final.

AGENCY DISCLOSURE

Auctioneer is representing a seller. The Bidder is a customer. The Bidder is required to acknowledge the agency.

LIMITATION OF LIABILITY

All sales are final. Auctioneer and Seller are not liable for damage to items at the time of the sale, before the sale, or after the sale. All items are sold AS IS WHERE IS and with NO WARRANTIES. Auctioneer or Seller do not make any express or implied guarantees or warranties on items and cannot be held liable as such.

REGISTRATION

AGE LIMIT

All registered bidders must be 18 years of age or older.

REGISTRATION INFO

Bidder is required to register before bidding. All information is subject to verification. Registration constitutes complete agreement with the Sites terms and conditions. Auctioneer reserves the right to deny registration at its sole discretion.

VERIFICATION

All registration information must be accurate and correct. Any falsified information will make registration and any bids or won items null and void. Any payment Bidder has made will be forfeited if provided information is determined to be falsified.

PRIVACY

Bidder’s information will not be shared with any other company or third party other than those described in our privacy policy. Upon registering, Bidder agrees to receive automatic emails from auctioneer about upcoming auctions, information, etc. Bidder’s information will not be sold or rented. If Bidder wishes to discontinue receiving automated emails from Auctioneer, Bidder may click the unsubscribe link contained in the email to be automatically removed from the email subscribers list.

SUSPENSION AND PERMANENT BAN

If Bidder is deemed to have provided falsified information upon registration, or if Bidder has failed to honor a winning bid made under that user’s registered log-in, Auctioneer reserves the right to temporarily suspend, or permanently ban Bidders access to the Site without notice.

BIDDING

ITEM DESCRIPTIONS

All information provided by Auctioneer and Seller is believed to be correct and made in good faith. Information provided in the auction shall not be construed as warranty express or implied. Item are sold AS IS WHERE IS WITH ALL FAULTS and with NO WARRANTY. Bidder acknowledges that all items in an auction are available for inspection prior to the auction. Bidder is strongly encouraged to inspect the items to determine the nature, quality, condition, quantity and size of the. Relying solely on information provided on the Site is done so at Bidder’s own risk. Some states do not allow the disclaimer of implied warranties, so the forgoing disclaimer may not apply to you.

INDEMNITY

Bidder accepts responsibility for and agrees to indemnify, defend and hold harmless each Seller and Auctioneer and employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs and expenses (including reasonable attorneys fees and expenses) related to, arising from, or associated with Bidder’s, his agents or representatives, use of the Site, including but not limited to personal injuries or property damage incurred on the sale premises or during removal and transport of any auction items, and arising out of, based upon, or resulting from any breach or violation by Bidder of this Site’s terms and conditions or any use by Bidder of the site or as a result of a dispute with another bidder.

INSPECTIONS

All bidders are strongly encouraged to inspect all items for quality, nature, condition, quantity and size of the item. The provided information is made on belief of being correct and in good faith. The information provided does not constitute a warranty whether expressed or implied. It is the Bidder’s right and obligation to inspect the item prior to bidding. All items are sold AS IS WHERE IS with ALL FAULTS and with NO WARRANTY. Inspection dates will be made on a per auction basis and will be made known in the particular auctions description.

RIGHT TO ACCEPT OR REJECT

The property or item is being offered for sale subject to Seller acceptance. Seller reserves the right to accept or reject any and all offers for any reason, however, the sole purpose of the Auction is to sell the item.

AUCTION END TIMES

Auctions are timed events. The auction end time will be stated in that particular auctions description.

ADJUSTMENTS

Auctioneer reserves the right, for any reason, in its sole discretion, to terminate, change or suspend any aspect of the auction sale.

WITHDRAWL OF PROPERTIES

Auctioneer and Seller reserve the right, for any reason, without notice, to withdraw any and all properties from auction. The Sellers of items sold through this Site reserve the right to reject any and all bids in their sole discretion.

DISPUTE BETWEEN BIDDERS

The final high bidder shall be designated at the end of each auction. If a dispute arises between two or more bidders, Auctioneer reserves the right to reopen bidding. Auctioneers designation of the Buyer shall be final. The laws of the State of Georgia shall govern the validity, construction, interpretation, and effect of all agreements pertaining to the auction, as well as the auction itself. If any litigation should arise between the parties to this auction that, in any way, involves this contract/invoice or should, in any way, involve the real or personal property of the auction, the venue for such action shall be Terrell County, Georgia.

 

Click here to continue the registration process

Join our Email List

Receive notifications of upcoming auctions directly to your email or mobile device!

Corporate Headquarters
1216 Dawson Road, Suite 102
Albany, GA 31707
PH: 229.436.2733800.342.2666
info@jdurhamauctions.com
Visit Us On FacebookVisit Us On TwitterCheck Our Feed