How does the bidding process proceed?
All parcels will be sold by Auction ID. Minimum bids will be as stated per parcel and each raise will be in increments of at least $100 until the close of the auction on May 12, 2009 at stated time on Bid4Assets.com website. For a more detailed explanation of the bidding process, log on to www.bid4assets.com, click on “How to Buy/Sell” on the right side of the home page, then click on “How to Bid”. You may also bid by fax if you do not have access to the Internet. More information and instructions are available by calling 1-877-427-7387.An autobid (or proxy) saves you time and money. An autobid authorizes Bid4assets to bid $100 above any competing bid, up to, but not exceeding the maximum dollar amount that you are willing to pay. In other words, your bid will automatically increase ONLY as other bidders participate, up to your specified maximum amount. This enables you to continually bid without having to constantly monitor the auction.
