General Terms and Conditions
This web-site is intended to be a friendly, enjoyable and useful experience, but as with anything concerning any kind of transactions there are risks involved and we strongly advise you to understand all of these terms before joining. If you spot a listing that you feel is violating the general terms and conditions of this web-site as stated below please let us know by contacting us.
Buy Repos.net Auction Terms and Additional Information Please Note: Items are located at 3164 Freeway Lane Saginaw MI 48601. For Questions regarding items listed for sale please contact Don 989-776-1770. Sale items can be viewed and inspected on Monday and Tuesday from 8:00 a.m. – 5:00 pm . All items purchased on the online auctions are to be paid for and picked up within 3 days from the auction end date. After 3 day period since notification of win unit will be relisted in next sale. We are open for pick-up and payment Monday -Friday 8:00 a.m. – 5:00 p.m. **Condition of online auction items** All high bids are considered legal binding contracts and all sales are final. All items are sold "as is where is", with NO guarantee, warranty, or possible refund written, expressed, or implied. The working/running condition of an item may not be known and may not always be listed in the items description. Sometimes we do know and list the condition of the items, but many times do not. Please note that all sales are final regardless of the purchase items condition. Please note that if an item(s) is not paid for and picked up within 3 days from the date of the auction, unless specified otherwise in the items description or in writing from the auctioneer, the item(s) and bidder will be in default, and the item(s) may be resold by the auctioneer. Any deficiency will become the expense of the high bidder who defaulted. This amount will be immediately due and payable upon the resale of that item. The auctioneer will notify the defaulted bidder of this amount, and take any legal collection actions. the use of an attorney or collection agency for this deficiency. BUYERS FEES are as follows on all online purchases:
BUYER WILL PAY $215.00 FOR EACH UNIT WON. BUYER WILL ALSO PAY MICHIGAN SALES TAX DOC AND TITLE FEES AS WELL.
Posted closing times and displays of Auction Co.'s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at its discretion Dynamic bidding - The dynamic bid on this website is a feature that does NOT allow an item to sell at the end of the auction until there is 10 minutes of bidding inactivity. Example - An item is bid on at 7:50pm. An auction is scheduled to close at 8:00pm. When this bid is place the ending time will automatically extend to 8:10pm. When another bid is place at 8:01 the auction will extend until 8:20pm. This will give bidder 19 minutes to place another bid. If no bids are placed this auction will conclude at 8:20pm. The key to your dynamic bidding feature is that the auction extends from the preset closing time in 10 minute intervals, NOT 10 minutes from when you placed your bid. Sales Subject to Approvals: This means that an items sale is contingent upon receiving the approval of the Bank, Court, Trustee or Lien Holders affiliated with that particular piece. Please call 989-776-1770 for the Approvals on all items that sell subject and we will be happy to assist you." Note to the buyers of titled items: For Michigan residents, we are required by the State of Michigan to broker all vehicles sold. All units must be brokered through Michigan Recovery Services. We can apply for your plates and registration if you so choose. If you wish to have us do so, you MUST provide us with proof of insurance for the purchased vehicle before you can remove it from the auction site. If not, you must be prepared to tow or trailer your vehicle. The appropriate fees will be added to your invoice. Please note that buyers will need to sign the appropriate paperwork required by the state for title transfers. Title processing may take up to 15 business days. For Out of Country buyers, the State of Michigan requires we collect 6% sales tax and transfer the title as an “In-Transit” through the Michigan Secretary of State before the title is issued to the buyer. We need all out of country buyers to contact our title dept. to start the paperwork before the item can go across the border. We will need to obtain the appropriate documents and signatures to transfer the title, this could take 3 to 5 weeks. We recommend all vehicle purchases made with the intent of taking the vehicle out of the country contact the title dept Amy @ 989-776-1770.
Rights To Suspend or Terminate.
You agree that this web-site, in its own discretion, may terminate any auction or use of the service immediately and without notice if (a) We believe that you are not abiding by the general rules of this web-site
(b) You have repeatedly broken a certain term (c) You have listed a suspicious item (d) We believe you to be a non paying bidder. In most cases when we suspect foul play we will suspend your account/listing whilst we investigate further. If our investigation is conclusive then your account with us will be terminated.
You are solely responsible for the contents of your actions through this web-site. You must ensure that your participation in the selling or buying of items does not violate any applicable laws or regulations. By this we mean that you must check that you entitled to sell or buy the relevant item and that you are not prohibited from doing so by any law or regulation.
You must not transmit through the service any unlawful, harassing, libelous, abusive, threatening, harmful, vulgar, obscene or otherwise objectionable material. You must also not transmit any material that encourages conduct that could constitute a criminal offence, give rise to civil liability or otherwise violate any applicable law or regulation.
Membership to this web-site is only available to those you can form a legally binding contract. This web-site does not permit minors (under
18) to register. If any member fails to signup with their correct age the account will be terminated immediately.
This site acts as the window for sellers to conduct auctions and for bidders to bid on sellers' auctions. We are not involved in the actual transaction between buyers and sellers. As a result, we have no control over the quality, safety or legality of the items listed the truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers to buy items. We cannot and do not control whether or not sellers will complete the sale of items they offer or buyers will complete the purchases of items they have bid on.
In addition, note that there are risks of dealing with foreign nationals, underage persons or people acting under false pretence.
This Web-site shall not be responsible for any items sold by Auction, for any damage to items during transit or during the inspection period, nor for misrepresentations and/or breaches of contract by either buyer and/or seller. This web-site shall not be responsible for the cost of procurement of substitute goods or any losses resulting form any goods purchased or obtained.
This web-site assumes no liability for the content of the listings.
However if you fall victim of a fraudulent transaction we will assist you as much as we can.
Your credit card will be charged a 5% restocking fee if you are the winning bidder of an auction and do not come in to pay and pick up your winnings within 3 business days. Your final winning bid must first be approved by the lender. The restocking charge will be a minimum of $50.00 with a maximum of $1,500.00. As long as you come in to pay within 3 business days, your credit card will not be charged a restocking fee.