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Category: TERMS (8 records) Archive: Former Armadillos Restaurant of Ft. Collins - Internet Only Auction - November 10th, 2015 2:00pm

Lot Photo Description Price
Inspection:  Tuesday, November 10th from 9:00am - 2:00pm at the auction location in Fort Collins.  We urge you to conduct a thorough inspection of all items before placing any bids.

This is an INTERNET ONLY auction with staggered ending times. The first 2 lots will close at 2:00pm on Tuesday, November 10th.  2 lots will close every minute thereafter.  Items receiving bids within 3 minutes of closing will remain open as long as there is active bidding. You may also place your maximum bid price and the system will bid for you up to your maximum bid but no higher. Please call our office with any questions, 303-289-1600.

Items receiving bids within 3 minutes of closing time will remain open as long as there is active bidding.

Buyers' Premium: There will be a 13% buyers' premium (10% if paying in cash or cash equivalent) added to all winning bid prices and is subject to all applicable sales tax.

Payment:  Payment is due by 4:45pm on Wednesday, November 11th.  Any bidders who have not paid by this time will have their credit card charged automatically and a paid receipt emailed to them. If you'd like to have your card charged immediately after the auction by Roller personnel and a paid receipt sent to you, please respond to the invoice email with your desire to have your card on file charged.  You may pay online or at our office in Denver on Wednesday, November 11th from 8:15am - 4:45pm.  Payments will be accepted in Visa, MasterCard, Discover, cash, bank wire transfer, cashier check or check approved by TeleCheck. (Payments in cash, bank wire transfer, cashier check or check with a letter of guarantee from the bank will receive a 3% reduction off of the buyers premium.)  No payments will be taken at the auction location in Fort Collins.

REMOVAL:  All purchases must be removed at buyers expense and responsibility on: November 11th & 12th from 9:00am - 4:00pm at the auction location in Fort Collins. No removal on the day of the auction.

It is the buyers responsibility to pick up all purchased lots, including if a 3rd party is picking up on the buyers behalf. Roller personnel is there to assist/locate items but not to verify all items have been picked up. We will attempt to assist with this, but it is ultimately the responsibility of the buyer.

Helpful Hints: This auction will close at a rate of 2 lots every  minute. Below you will find some hints/tips that will help you keep up.
  • Place a bid now on any and every lot that you have interest in even if it's at the $2.50 starting bid. Although this may not be a reasonable bid when it comes to the ending price it will sell at it, it enables you to click on the 'Review Bids' button at the bottom of the page, once logged in, to view those lots on which you've placed prior bids. This will enable you to view only the lots you are interested in.
  • Once the auction begins to close (2:00pm on 11/10/15) you will see an 'Open Items' link at the top of the page. This is an important feature many people don't notice. Clicking on this link will enable you to have the system only show those lots which have not yet closed including those that are in extended bidding. This will help in those situations that you're bidding on a lot that's in extended bidding and future lots you have interest in are beginning to close. They will be shown much closer together using this Open Items feature. Just a note, this will also refresh your screen.
  • Using maximum bids is another way to help stay on top of your bids. Using the maximum bid column allows the system to bid for you at the next bid amount without you needing to monitor the auction.
  • Grouped Ending: You'll notice on some of our auctions that certain lots will show up as a GROUP. All lots within this group must have a period of 3 minutes of inactivity before any item in the group will close. This is done to give the buyers the ability to choose which of the assets they prefer and bid on that one without losing the opportunity to bid on their 2nd choice, 3rd choice, etc.

Use this lot to place practice bids. Feel free to experiment here with placing max bids, current bids or both. Call our office with any questions. 303-289-1600 or 866-515-1668.