All bidders must be pre-registered. A $10,000 deposit must be placed into Max Spann Real Estate Auction Co. escrow account 24 hours prior to bidding conclusion time. Auction Co. is not responsible if notification of bank transfers or deposits is received after the auction concludes. I understand that if I am the High Bidder and fail to submit my full deposit as required within the time frames outlined, a Default Fee of $10,000 will be charged and will be non-refundable. If you are not the high bidder said deposit will be promptly returned.
