Legal Information | Auctions By Oneal

Understanding Our Terms and Conditions  is important. We will post them here for each auction and have them available on site.

 

You will find the terms and conditions for  the current auction below. 

If you have any questions feel free to email us to get your questions answered. 

Terms and Conditions for Real Estate Auction

June 26, 2026, | 2125 Whiteside Rd, Mill Spring, NC

Bidder Information Flyer

Quick Highlights for Bidders
Please review these key points before registering or placing a bid.

Key Topic

What You Need to Know

Buyer’s Premium

A 10% buyer’s premium is added to the final high bid.

Deposit Due

A $7,500 non-refundable deposit is due immediately after the auction with the signed Offer to Purchase Contract.

Closing Timeline

The transaction must close within 30 days after the auction ends.

Property Condition

The property is sold “as is, where is,” with no warranties except clear title.

Inspection

Bidders are responsible for inspecting the property or choosing to waive inspection.

Buyer Costs

The buyer is responsible for most closing-related costs, including attorney’s fees, title costs, and recording fees.

Seller Confirmation

The final high bid is subject to seller confirmation.

Registration

You must verify your identity and receive a bidder number before bidding.

Auction Day Announcements

Announcements made on auction day override printed or verbal statements.

Full terms and conditions available and on site at auctionand govern the sale in all respects.

 

 

 

 

 

 

 

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