What is earnest money and when is it due?3Earnest money is a deposit toward the purchase of the property the buyer makes to demonstrate that he or she is serious or "earnest" about the purchase of the property. Earnest money is typically due within 24 hours of when the winning bidder is declared. Refer to the Auction Terms and Conditions in the Property Information PDF for each particular property on which you plan to bid for more detail.
Frequently Asked Questions
When can I view the property being auctioned?3Our auction properties are available for on-site inspection at specified times. Refer to the property listing page on our website and the Property Information PDF for each particular property that interests you for more detail.
When should I place my bid?3We recommend placing your bid with us pre-auction. Many of our properties sell pre-auction and are no longer available on auction day. If you do not place a pre-auction bid, you may bid on auction day at the prescribed time and place for the auction of the particular property. Refer to the property listing page on our website and the Property Information PDF for details.
When should I place my bid online?3If you are placing a bid online, note that our online auctions start and end at the times clearly shown on the listing page on our website and in the Property Information PDF for the property. Please be careful to note that all times are expressed in Central Standard Time (CST). If you are in a different time zone, you will need to convert your local time to Central Standard Time.
When should I register for an auction?3Bidders should register as soon as possible. Registering to bid does not obligate you; it simply gives you the option to bid.
Where do I register?3You may register online on our website. If you are having difficulty registering online, please contact us by phone (847.509.2757) or email firstname.lastname@example.org. After you have registered, we will notify you when your registration has been approved. Once you have received our approval, you may bid.