*AUCTION TERMS: A 10% Buyer Fee will be added to the high bid at invoice and become the contract purchase price. ALL ITEMS ARE BEING OFFERED SUBJECT TO SELLER CONFIRMATION. While it is the intent of The Seller to sell any listed item, there may be occasion where a high bid does not meet the best interest of The Seller. The high bid will be presented to the seller and may be accepted or rejected as soon as possible after the conclusion of the auction, at the sole discretion of the seller. THE SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT ANY AND ALL BIDS, and negotiate with the highest bidders through their agent, Texas Auction & Realty. Withdrawal of items from the sale after they are listed may sometimes be necessary. Auctioneer and Seller reserve the right to do so at any time before or during the auction. When the seller accepts the highest bid, an invoice will be generated and e-mailed to the winning bidder. All Payments shall be made to Texas Auction & Realty and may be in the form of Cash, Cashiers Check, or Check with accompanying Bank Letter of Guarantee. Payment for items with a total invoice price of $2,500 or less may be paid with Mastercard, Visa, or Discover. Payment for items with a total invoice price over $2,500 MUST be paid with Cashiers Check. Payment must be received prior to receiving a paid receipt. A paid receipt is required prior to scheduling pickup and removal. THE SELLER DOES NOT ACCEPT PAYMENTS AT PICKUP. PAYMENT MUST BE MADE TO TEXAS AUCTION & REALTY, AND A PAID INVOICE MUST BE PRESENTED AT PICKUP. THE SELLER DOES NOT ACCEPT PAYMENTS, PERIOD. All Items are being sold As Is, Where Is with NO Warranties or Guarantees of any kind. Buyers assume all responsibility and hold the seller and Auctioneer harmless for introducing any item or part of item into the stream of commerce. Photographs and Descriptions are provided as a guide, and a guide only, Bidders to verify correctness of ANY advertised information to their satisfaction as to use for any particular purpose. A Preview is available for every item according to the schedule listed below. All bidding is based upon the Bidders Personal Inspection and opinion.

* INVOICES & PAYMENT TERMS: All Invoices are due and payable upon receipt. Buyer authorizes Ross Bandy Auctioneers, LLC dba Texas Auction & Realty to charge buyers credit card to pay invoices up to $2,500. A Cashiers Check will be required for invoices over $2,500. You may pay in Cash when you pickup your items. If you have a preference in how you wish to pay, please let the Auctioneer know before the auction ends! Otherwise, all cards will be charged after the conclusion of the online auction.

* SALES TAX: Sales tax will be collected on taxable items at the appropriate sales tax rate unless you have filled out a valid Texas Resale Exemption form. You may fax your form to: (817) 594-0585. We must have this on file in order to exclude sales tax from your purchases on your final invoice.

* EXTENDED BIDDING / DYNAMIC CLOSING: If a bid is entered within the last five minutes of the closing of an item, the closing time will be extended by five minutes to ensure sufficient time for bidders to submit their bids. Extended Bidding will continue until all bidding has ceased.

* PREVIEW & INSPECTION: The Preview and Inspection Schedule is available, and can be found in the Auction Listing Tab on the Auction Page. Individuals previewing items are personally responsible for any breakage/damage to items they are handling and will be charged appraised value for item(s). All people previewing assume all responsibility for their own safety. Auctioneer & Seller are not responsible for accidents.

* PICK UP TIME / REMOVAL: The Pickup Time / Removal Schedule is available, and can be found on the Auction Listing Tab on the Auction Page, and must be adhered to specifically. Any bid placed by a Bidder should be based on their ability to comply with the pickup schedule as listed. Buyers MUST pickup these items and provide any additional personnel or equipment required to move the item. IF YOU CANNOT PICK UP THE ITEM DURING THE SCHEDULED PICKUP TIME --- DO NOT BID! Buyer is responsible for providing the supplies, boxes, packing material, tools, equipment, etc. necessary, as well as the physical labor for dismantling, rigging, crating, loading and hauling at their own expense. ANY ITEM NOT PICKED UP WITHIN 5 DAYS WILL BE CONSIDERED ABANDONED. IF THE BUYER INVOICE IS NOT PAID, THE DEFAULTING BIDDERS ACCOUNT WILL BE CLOSED FOR ALL MARKNET ALLIANCE AUCTIONS.

* SHIPPING AND DELIVERY:
SHIPPING: is available on small items and can be grouped. Please send us an email at the conclusion of the auction if you need your items shipped, and include the address you wish the items shipped to, as well as a method of payment. No items will be shipped until payment has been received for the total invoice including shipping charges. When possible, we use USPS Flat Rate Boxes - The shipping cost will be invoiced as follows: Large - $25, Medium - $20, Small - $10.

DELIVERY: is by quotation only a minimum of 24 hours prior to the end of bidding.

* NOTICE TO BIDDERS AND BUYERS OF AUCTIONEER'S RIGHT TO REPOSSESS AND RECOVER DAMAGES:
By placing any bid, each Bidder or Buyer -
1) understands that Auctioneer or Seller incurs actual damages by non-performing Bidders or Buyers.
2) understands that Auctioneer or Seller may repossess any property not paid for by midnight on the 5th day after auction ends, and may close the non-paying Bidder account.
3) understands that Auctioneer or Seller may repossess any property not picked up by the Buyer or his/her representative on the 5th day after auction ends regardless of invoice payment status. A Storage Fee equal to any payments, may be levied at midnight on the 5th day after auction ends. Defaulting Buyer account may be closed, and a black flag notification may be sent to the MarkNet Alliance removing registration access to all MarkNet websites.
4) understands that Auctioneer or Seller may request assistance from a third party to recover damages incurred as the result of a non-performing Bidder or Buyer.
5) ANY ITEM NOT PICKED UP WITHIN 5 DAYS WILL BE CONSIDERED ABANDONED. IF THE BUYER INVOICE IS NOT PAID, THE ITEM(S) WILL BE RESOLD AND THE DEFAULTING BIDDERS ACCOUNT WILL BE CLOSED FOR ALL MARKNET ALLIANCE AUCTIONS.

Texas Auction & Realty makes no warranty that:
1) your use of the site will be uninterrupted, timely, secure, or error-free.
2) the results that may be obtained from the use of the site will be accurate or reliable.
3) the quality of any information or other material obtained by you through the site will meet your expectations.
4) the use or the inability to use the site; unauthorized access to or alteration of your transmissions or data; statements or conduct of any third party on this site; or any other matter relating to the site.
5) in case of any errors or malfunctions of hardware or software, Texas Auction & Realty reserves the right to cancel any transaction even if you have received confirmation of the transaction by email.
We strive to make this system as stable as possible, however errors and equipment malfunctions are possible and may happen without notice. We cannot and will not guarantee uninterrupted access to the Site or its services.

Bank Owned Vehicles Auction - Online Only