ONLINE BANK ORDERED OILFIELD EQUIPMENT AUCTION IN CONJUNCTION WITH BONNETTE AUCTIONS- BEGINS CLOSING JUNE 4TH AT 10AM CT

FEATURING: REAL ESTATE, OIL RIGS, TRUCKS, TRAILERS, OILFIELD EQUIPMENT, AND RELATED ITEMS

RING ONE- OIL RIGS, TRUCKS, TRAILERS, OILFIELD EQUIPMENT, AND RELATED ITEMS- BEGINS CLOSING AT 10AM CT

RING TWO- REAL ESTATE AND BUILDINGS- BEGINS CLOSING AT 11AM CT

BUYER’S PREMIUM: 12% PER ITEM UNCAPPED

BIDDING OPENS: MAY 29TH @ 10AM CT

BIDDING BEGINS CLOSING: JUNE 4TH @ 10 AM CT

***ITEMS LOCATED IN MOORE, TX***

 

REAL ESTATE TERMS

REGISTRATION: In order to register for the auction, you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online. This can be emailed to info@bonnetteauctions.com. 

BUYERS PREMIUM: 12% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $112,000.00.

DEPOSIT: 10% of the high bid price down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example, if the property sells for a total sales price of $112,000.00 including buyer’s premium, then a deposit of $12,000.00 would be put down the day of the auction.

FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.

DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days.

 

TX Real Estate Broker Scott Swenson #425652
Barbara Bonnette, Auctioneer TX #13418

ONLINE BIDDING DEPOSIT: $1000

THIS IS PROCESSED AS A HOLD ON YOUR CREDIT CARD AND IS RELEASED IF NO PURCHASE IS MADE.

IF A PURCHASE IS MADE THE HOLD WILL BE APPLIED TO YOUR BALANCE DUE. 

IF YOU PAY WITH ANOTHER PAYMENT METHOD THE FUNDS WILL BE RETURNED TO YOUR CREDIT CARD.

***ATTENTION***

VEHICLE TITLES WILL BE REGISTERED IN THE NAME AND OR COMPANY NAME YOU REGISTERED TO BID WITH IN THE AUCTION. 

WE WILL NOT CHANGE THE REGISTRATION INFORMATION AFTER THE AUCTION.  WE WILL ONLY CORRECT MISSPELLINGS AND INCORRECT ADDRESSES.  

INSPECTION/PREVIEW: BY APPOINTMENT ONLY

ALL ITEMS MUST BE REMOVED JUNE 10-14TH 8AM - 4PM CT

CUSTOMER IS RESPONSIBLE FOR LOADOUT

***NO ONSITE PAYMENTS WILL BE ACCEPTED***

***CREDIT CARDS OVER $10,000 WILL NOT BE ACCEPTED***