Buying at Auction

 

Acceptance
Once your offer has been accepted, you are required to pay the deposit as specified in the contract. The seller will then sign the offer document, making a “contract”, legally binding you to the sale.
Some States have cooling off periods after contracts have been signed. We strongly recommend you seek legal advice before signing.

Deposits
By law, all deposit monies must be banked into an official trust account on the next day they are received or by no later than the next business working day. Real Estate agents do not receive any
interest or benefits whatsoever from holding deposits on behalf of the seller.

PRD

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