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What is the Commitment fee about?

commitment fee
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What is the Commitment fee about?

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The commitment fee is paid the following terms apply: Visa/MasterCard, Discover & American Express processing done through International Card Services & Link Point for the deposit as a commitment fee, whichever is applicable, which will be due within 48 hours of the close of the auction. A Bank Cashiers Check or a Bank to Bank wire transfer [details are provided to you with our Congratulations Letter after you are awarded the property as the Winning Bidder] of the balance of the high bid will be due within 4 business days of the close of the auction. If a commitment fee is not paid, the entire purchase price will be due after the end of the second business day. Due to the higher processing cost no personal checks are accepted. Call us if you have any questions.

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The commitment fee is paid the following terms apply: Visa/MasterCard, Discover & American Express processing done through International Card Services & Link Point for the $600 or $1800 commitment fee, whichever is applicable, which will be due within 48 hours of the close of the auction. A Bank Cashiers Check or a Bank to Bank wire transfer [details are provided to you with our Congratulations Letter after you are awarded the property as the Winning Bidder] of the balance of the high bid will be due within 4 business days of the close of the auction. If a commitment fee is not paid, the entire purchase price will be due after the end of the second business day. Due to the higher processing cost no personal checks are accepted. Call us if you have any questions.

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