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What are the rules for bidding at an auction?

auction bidding rules
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What are the rules for bidding at an auction?

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Before an auction begins, the auctioneer will always go over the terms of the sale. Normally, all of the announcements that are made on the day of the sale take precedent over all previously printed material. Always pay close attention to the announcements made on the day of the sale because certain conditions or terms of the sale may have changed. Buyers must register prior to the auction either via this website or at the auction buyer registration table on the day of sale. You must have a valid drivers license with a photo to prove your identity on the sale date. If bidding on real estate, you will need sufficient cash or a good check the day of the sale for an earnest money deposit. The earnest money check will be deposited on the next business day. Earnest money deposits on real estate range from 10% to 20% down depending upon the size of the sale. Always check the terms of the sale as advertised to insure the amount of earnest money required. All monies will be retained in Liberty

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