Listing Details

TO BE SOLD ABOVE A MINIMUM BID OF $5.9M - Luxury Estate Home and Personal Property Former Residence of Senator John and Cindy McCain

Terms

REAL ESTATE TERMS

Standard Real Estate Terms: $100,000.00 deposit required to bid day of auction. Can be in for of Personal or Business Check. Balance to equal 10% due in 10 days to the Closing Agent Office via wire transfer.

Internet Real Estate Terms: $100,000.00 deposit required 24 hours in advance of the auction via wire transfer or cashiers' check.

PERSONAL PROPERTY TERMS

REGISTRATION: To bid in person, you will need to register in person at the sale. Please remember to bring your government issued photo ID (valid driver’s license). By registering for the sale, the Bidder acknowledges that he/she has read, understood and accepted the terms and conditions of the sale. Anyone bidding on behalf of a third party shall be a registered bidder at the auction and be personally responsible for their bidding.

INTERNET BIDDING: Pre-registration is required with a valid credit card. Occasionally, the Internet cannot keep up with the pace of the live auction. It is at the auctioneer’s discretion to accept or reject an Internet bid. Due to the structure and speed of live Internet auctions, the final bid shown may not be the actual final bid. Frequently, the floor responds before an Internet bid is accepted, therefore, floor bids are always considered first over identical Internet bids. The Auctioneer reserves the right to determine who the final bidder is at his sole discretion. Also, the Auction Company reserves all rights to correct any incorrect Internet bids.

BUYERS PREMIUM: A Buyer’s Premium of 10% will be added to the successful bid price to create the total purchase price.

SALES TAX: All items are subject to a 5.6% Arizona sales tax. Dealers purchasing must register their tax exemption form prior to the sale or prior to registration. In the event you do not have your tax exemption form present, you will have to pay sales tax at the auction. If you provide a valid copy of your exemption certificate within 7 days after the auction, the sales tax will be refunded to you.

CATALOGUE DESCRIPTIONS: All item descriptions and dimensions are provided as a courtesy only. It is the Bidders responsibility to inspect all lots prior to bidding to ensure that they are satisfied with them. The Auctioneer and Seller make no warranties or guarantees, expressed or implied, as to the genuineness, authenticity, or quality of any item. Auctioneer and Seller are not responsible for advertised discrepancies or inaccuracies. Everything is sold “as is” and “where is”, except as expressly made in writing. No warranties, expressed or implied, are made as to the merchantability of any items or their fitness for any purpose, or otherwise. The Bidder acknowledges that he has had the opportunity to examine the goods purchased and has exercised this clause. THERE ARE NO WARRANTIES WHICH EXTEND BEYOND THE DESCRIPTION ON THE FACE HEREOF.

PAYMENT: Items purchased will not be released until, full payment has been received, verified and approved. Payment may be made in cash, check, Visa, MasterCard, Discover and AMEX. Items are sold for immediate removal.

REMOVAL OF PURCHASES: No items may be removed during the sale unless otherwise instructed by the Auction Company. All property shall be removed from the premises by the Bidder at her/his own risk and expense BY SUNDAY, DECEMBER 6, 2009 AT 5:00 PM unless special arrangements have been made or unless it is being transported by a shipper approved by the Auction Company.

SHIPPING AND PACKING: Responsibility for packing, shipping and insurance shall be exclusively that of the purchaser. Bidder agrees to indemnify and holds harmless Auction Company and Seller of any and all damages resulting from the removal of the property from the auction. Upon acceptance of the bid by the Auctioneer, the risk of loss to the property shifts to the Bidder. Higgenbotham has provided the name of a professional packer and shipper.

Already have an account? Login