Offering process: Ends on Wednesday, July 14^th 2021 at 7:00 PM Utah Time.

The minimum Bid is $449,000 but that is not a price that the seller will accept.  It is just the minimum bid where the auction process starts at.

Buyers and agents can offer online anytime from the beginning until the end of the published auction date provided they have submitted a pre-approval or POF to the listing agent.

Once the seller accepts the winning offer, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest offer plus the buyer’s premium.  The buyer and seller will open escrow with all of the buyer’s contingencies and inspections time frame outlined in the contract. For more information contact the Listing Agent!

SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY OR ALL OFFERS!

Buyer’s Premium 3% (built in the contract price. The buyer’s premium will be added on top of the winning offer which shall establish the final sales price.

Highest Offer + Buyer’s Premium = Sales Price!

The winning Offeror shall provide a purchase contract by 12 noon the following day from the deadline. If the buyer does not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!

Notice to the winning Offeror If you are the winning offeror selected by the seller at the end of the process and back out without submitting a purchase contract, you may be liable for a $500 penalty fee and will be invoiced for that amount.

*******IMPORTANT DETAILS*******

In order to place an offer on any property available by auction, you must REGISTER and create an account at www.onlineoffers.homes/register. If you are working with an Agent, you will need to provide us with their contact information.

By creating your account, you agree to accept AND you understand the Terms and Conditions of the auction process and this offering platform.

In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the offering area. Registration and documents must be received NO LATER than 12:00 pm Utah Time the day of the auction.

If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the auction, you will NOT be allowed to offer on a property!

Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the offering time on the property you wish to offer. It is IMPORTANT to understand the steps and functionality needed to place your offer. Technical or agent support will not be available after 12:00 pm on the final day of the auction.

Offering Auto Extend – Our system Prevents Last Second Offering by Automatically Extending the Offering Time. If an Offeror places an offer within 5 minutes of the end of the offering time, the system will automatically extend the offering time by 5 minutes in order to allow other offerors the opportunity to respond.

Attention Winning Offerors! – If You Are The Winning Offeror: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.

By agreeing to these Terms and Conditions you agree and understand any offers you submit will be available and visible to the public in real-time on the property page of our web site.

The Seller has required the listing agents to have all offers submitted online. We have been instructed NOT to review or present offers that were not submitted through the online process.

If you are bidding from a different time zone than the property, you MUST change the clock on your computer to insure your bids are submitted in a timely manner.

WE DO NOT RECOMMEND USING A MOBILE PHONE FOR BIDDING! IF YOU DO, YOU MUST REFRESH YOUR SCREEN TO ENSURE ACCURACY!