A Buyer's Premium of 15% is added to the high bid. Please take this into consideration when bidding. Bid price + buyer premium = sale price.
All sales subject to 6% Michigan Sales Tax.
Items can be paid for on Monday following the sale from 9:00 am till 12:00 pm, and Tuesday following the sale from 9:00 am till 12:00 pm, at the Auction House located at 1007 S. Washington St., Owosso. Once paid you will be given a receipt to pickup items located at 211 S Elm St. Owosso, MI 48867.
Bidders email address and phone number may be used for email and text correspondence.
No item is to be removed from the auction site until full settlement arrangements have been made. Auction Company and/or sellers not responsible for accidents on inspection/auction/load out day, or accidents involving machinery or items after sold.
Items left more than 7 days after the sale ends will be forfeited and resold. Buyers that are in default of picking up their items will be black flagged in our database, making them unable to bid on future sales.
In the event that sale items are located at another facility, payment must be made at the auction house in Owosso. Those items must be picked up on the set load out day.
All purchases must be paid for in U.S. funds at load out. Cash, Visa, MasterCard, American Express, Discover, or good personal checks (w/bank letter if over $5000) are accepted. Should you choose to pay with a credit card, you will be charged an additional 5% handling fee. $5000 max payment accepted on credit cards. Credit card and ID must be present at load out, even for pre-paid invoices. Each transaction necessary to collect insufficient funds will have a $35 fee imposed.
All sales are FINAL- no refunds.
All titled vehicles subject to 6% Michigan sales tax (calculated based on sale price), $75 broker fee, and $15 title transfer fee.
All Crowe Real Estate & Auction, Online Only Auctions are timed events that have an auto-extend feature. This auction uses Extend-All Bidding! If there are ANY bids on ANY item within 5 minutes of the auction closing, ALL items will extend for ANOTHER 5 minutes until ALL bidding has stopped. This means that all items will continue to stay open even if there hasn't been a bid within the last 5 minutes. This gives bidders that have been outbid an opportunity to bid on other items before they close. **If auction is extended past 30 minutes, then extension times will decrease to 3 minutes. If auction is extended past 1 hour, then extension times will decrease to 2 minutes. If auction is extended past 1 hour and 30 min, then the extension will decrease to 1 minute.
Bidding increments are as follows:
$0 - $50 = $2
$50 - $200 = $5
$200 - $1000 = $25
$1,000 - $10,000 = $100
$10,000 - $25,000 = $500
$25,000 - $500,000 = $1,000
$500,000 - $1,000,000 = $5,000
$1,000,000 and up = $10,000
All items sold AS IS, WHERE IS with all faults and without warranty expressed or implied. Crowe Real Estate & Auction is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions. However, it is the bidder's responsibility to conduct any inspections to determine the condition and feasibility of the bidder’s intended use. Descriptions that are provided by the auction company are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have either personally inspected the items being sold, hired an agent to inspect the items being sold or waive your right to inspect the items being sold. By placing a bid, this creates a contractual agreement to purchase the items being sold at the high bid price plus Buyers Premium and any additional fees.
Sale on all items is subject to seller approval. Auction company reserves the right to confirm the sale with the seller, and bid on behalf of the seller, if necessary. Items may have reserves that may or may not be noted.
Items must be removed at load out unless other arrangements have been made. If you do not come to the load out, we reserve the right to charge your credit card for the high bid price, plus buyer premium and any other fees associated with the item.
The successful bidder not attempting to settle their invoice after the conclusion of the auction will be considered in default and will be black flagged in our database. Crowe Real Estate & Auction reserves the right to sell to the next highest qualified bidder in the event the successful high bidder does not comply with the terms of the sale. By bidding on the items in the auction, the buyer agrees to all terms and conditions set forth. By registering and placing a bid you agree that if you happen to become a default bidder, Crowe Real Estate & Auction has the right to charge your credit card for the entire balance of your invoice, plus any and all costs incurred by the seller and Crowe Real Estate & Auction in a subsequent resell of the item(s). If Crowe Real Estate & Auction is able to sell your item to the next highest qualified bidder at a price lower than the auction high bid price, the default bidder agrees to allow Crowe Real Estate & Auction to charge their credit card for the difference in their high bid price and the actual selling price to the backup bidder.
During this auction process there is a chance that you will be outbid. At that time you will receive an outbid notification by email. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, sometimes email notifications can be delayed. We are not responsible for the failure of any part of the bidding process or internet bidding.
If you are bidding against someone who has placed a max bid in the system, the max bid that is placed first will take precedence over a bid placed after. This means that the person who placed the bid first will have the high bid, in the event that the same bid is placed.
Crowe Real Estate & Auction has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Crowe Real Estate & Auction or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Crowe Real Estate & Auction, MarkNet Alliance and the Seller reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Crowe Real Estate & Auction, MarkNet Alliance or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Crowe Real Estate & Auction will provide an option to ship via Shipping Saint. Buyers requesting shipping service will need to call our office at the conclusion of the sale at 989-720-7355. Buyers that have requested shipping will have a separate invoice emailed and texted to them with a pay link. Auction invoices and shipping invoices must be paid before any item will be sent out.
While Crowe Real Estate & Auction packs all items to the best of their ability and as safe as possible, all shipped items will be insured for the invoice amount. If a greater insurance amount is wanted, the buyer must request the amount before the packaging process begins. Once items leave the auction facility, Crowe Real Estate & Auction is not responsible for broken or damaged goods upon arrival to customer.
Your use of this site and bid placement constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.
Crowe Real Estate & Auction reserves the right to revise The Terms and Conditions
