Chimney Ridge Road, Ellijay GA 30540 (Gilmer County)
Bidding Opens: Friday, February 24 at 2:00 PM ET
Bid Deadline: Tuesday, March 7 at 2:00 PM ET
Sale Manager: Amy Martinor
This auction features a grouped bid extension - please see details in terms below.
Lot 1 - 1.51± Acre Lot, Zoned R1
Gilmer County Tax Parcel 3049CGilmer County Taxes $Terms: Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 20% Earnest Money Deposit, close by April 6, 2017. Buyer to pay all 2016 taxes and penalties.
Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.
All of the properties sell individually as "lots" however they are all tied together by the auction clock. We will set a bid deadline for all of the assets. Once we get within 5 minutes of that bid deadline, any bid placed on Any of the assets will extend All of the assets another 5 minutes. This extension will continue until no bids are placed on any of the assets in a five-minute window.
This feature is in place partially to prevent "sniping" which can occur on online auctions with a hard deadline. It recreates the action of a "Live Auction". If your opponent bids in the waning seconds of the auction, you still get another chance to bid.
With that in mind, don't wait out the bid until the last second, because the auction will remain open. Waiting it out can only put you at risk for not getting your bid in before the 5-minute clock runs out.
Amc Gal 2503