How does the deposit work?
To qualify to bid, photo identification and a cashier’s check deposit (amount varies) must be presented at registration. Cashier’s checks must be made payable to: EG&G Tech Srvcs Immediately after the bidding, the high bidder will be required to provide their earnest money deposit check. In most cases, the second high bidder will also be required to make a deposit. The Terms of Sale will explain deposit requirements for each property. If you are not the high bidder or second high bidder, we do not collect your deposit. The successful bidder’s deposit will be retained as the initial payment for the property. This deposit is non-refundable. Personal or business checks, bank letters, or letters of credit will not be accepted.
