BIDDER REGISTRATION PROCESS
All bidders will be required to validate their account and post a $3,000 Good Faith Authorization Charge prior to being able to place a bid.

What is a Good Faith Authorization Charge?
A Good Faith Authorization Charge will not go towards the purchase of the property, and it is not a deposit. It is a hold that allows us to validate your account and confirm that you are a serious bidder.

Once the authorization is approved, this charge will appear as a hold on your credit card. If you are using a debit card, the Good Faith Authorization Charge will appear as a pending transaction. Acceptable Payment Methods: Visa, Mastercard, Discover, and American Express.

Click here to add a credit card to your account.

The Auction Ended – Now What?
The winning bidder will then be required to post the initial deposit amount, as specified within the terms of the sale.  All deposits must be received no later than 24 hours from auction close. All deposits shall be in the form of Bank Wire or Cashier's Check. NO Personal Checks, Business Checks, or ACH Transfers are accepted. Deposits shall be made payable to Ashland Auction Group, LLC. Once the winning bidder signs a contract of sale and tenders a deposit, their Good Faith Authorization Charge will be released. 

Unfortunately, there can only be one winner. We appreciate your business and will initiate a release of the hold once the auction ends. Depending on your banking institution, it can take up to two days to have the hold removed and available. Once the hold is released, the funds will become available immediately. In some cases, a release of the Good Faith Authorization Charge may take longer. We kindly ask that all bidders check with their financial institution if they have any questions regarding the availability of funds on your credit/debit card.

Security
Any credit or debit card that is entered into AshlandAuction.com is processed through our payment gateway. Using our vendor’s secure payment gateway, we leave security up to the professionals. Your information is not being written down on a sticky note on somebody’s desk. In fact, your banking information is not even visible to our team at Ashland Auction Group. Bidders can safely provide their credit card information without worrying about where their information is being stored.

PREPARE FOR BIDDING:

1. Create an Account
   Create an Account with AshlandAuction.com (visit www.AshlandAuction.com/Register)
   
   
2. Validate Your Email
   Check your email inbox for an email asking you to verify your email address.
   
   
3. Add a Credit Card in Advance of the Auction
   Click here to add a credit card to your account.
   
   
4. Confirm Your Good Faith Authorization Charge
   Once bidding is open, you will be required to confirm that you want to participate in the auction by clicking "Bid Now." If you have not added a credit card to your account yet, you will be prompted to do so at this time.  Once your Good Faith Authorization Charge is posted, you will be able to participate in the auction.
   
   

Need Assistance with Registering? We're Here to Help.
If you need assistance, please contact an Account Services Representative by calling 410-488-3124.

Pre-Auction Offers can be submitted via:

• an online form: https://www.ashlandauction.com/pre-auction

• Phone: 410-488-3124

• Email: Sales@AshlandAuction.com

Pre-Bid offers can only be submitted before the start of the online auction.

• Good Faith Authorization Charge Required: All bidders will be required to post a $3,000 Good Faith Authorization Charge to establish themselves as a bona fide bidder.

• 10% Buyer's Premium will be added to the high bid.

• Title: Property will be sold with free and clear title.

• Settlement: 45 days from date of contract ratification.

• Winning Bidder is required to tender deposit within 24 hours via certified funds in the form of cash, cashier’s check, or bank wire.

• Winning Bidder is required to sign and return a contract of sale within 24 hours.

• If either the deposit or contract is not received the bid will be voided and Ashland Auction Group reserves the right to terminate the bidder’s account.

• Bidders are bound by AshlandAuction.com’s Terms of Use

• Ashland Auction Group will not be responsible for any errors in bidding, website failure, or internet disruption.

• Each bid made on a property in the last two minutes of an auction will add more time to the auction. This will continue indefinitely until the time expires without new bids being placed. A soft close ensures fairness and allows the highest bidder to win.

The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions, or covenants of record affecting same. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. Property is sold subject to any Local, State or Federal Government Housing Code Violation Notices or Vacant House Notices issued by Local, State or Federal Government. In addition, the purchaser shall independently verify if a use and occupancy permit exists on the subject property by Local, State or Federal Government. It is the purchaser’s responsibility to obtain any use and occupancy permit, if needed. The purchaser waives and releases the Trustee, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to, the environmental condition thereof. If the Trustee/ Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit, this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Trustee/ Seller or Auctioneers. All expenses, including real estate taxes, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of settlement and assumed thereafter by the purchaser. In the event that the property is occupied, the Purchaser is purchasing the property subject to the existing occupants of record. Purchaser is responsible for obtaining possession of the property. Purchaser agrees to give rights of possession at time of settlement.

If the property is Tenant occupied, it is being sold subject to the existing Tenant or Occupant in the property.  The Bidder shall independently verify all lease documents. Ashland Auction Group, LLC does not guarantee if the tenant is current on rental payments.

Ashland Auction Group, LLC does not guarantee the occupancy status of a tenant, nor is Ashland Auction Group, LLC responsible for a tenant breach of lease agreement or vacating property during the advertised auction period, closing, or post-closing, if any. 

Property is sold subject to any valid or invalid MDE Lead Certification from the Maryland Department of the Environment. Ashland Auction Group does not warrant the accuracy of any MDE Lead Certifications, if any. It is Buyer’s responsibility to verify with all Local, State and Federal Governments if any other licensing requirements are required.

Recordation costs, transfer taxes and all other costs incident to settlement, to be paid by the purchaser. However, if the Property is improved residential real property, and if Buyer is a first time Maryland homebuyer as defined in MD Tax Property Code §13-203(b), as from time to time amended, who will occupy the Property as Buyer's personal residence, then Seller shall pay the state transfer tax of 0.25% to the extent required by law. If payment of the additional deposit, if any, or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Time shall be of the essence.

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Property dimensions, square footage, number of bedrooms, number of bathrooms, number of levels in property and acreage are more or less and should be independently verified by the bidder. Photos placed on website are for information purposes only and shall be independently verified by buyer.

If the property is rented the bidder shall independently verify all lease documents. Ashland Auction Group, LLC does not guarantee if the tenants are current on rental payments. All properties are being sold subject to any ground rent of record. In the event there is an error in the advertised ground rent or the contract states “Fee Simple”, the Buyer shall take title with the existing ground rent of record and there shall not be a monetary penalty to the seller. Prospective purchasers are encouraged to perform their own due diligence and inspections in advance of the auction.

Ashland Auction Group, LLC is acting as agent for the Seller in this transaction and or Auction.  Ashland Auction Group, LLC is not acting as agent for the any bidder or any successful bidder regarding pre-auction offers, offers online, onsite auction or post auction offers.

Any person or real estate agent submitting bids on behalf of a buyer, corporation, or other entity agrees to be personally liable for the payment of the purchase price and any related charges and the performance of all Buyer obligations under the Terms of Sale.

Registered Brokers or Agents who represent bidders for pre-auction, on-site auctions, online auctions, or post-auction listings are acting as an agent for the buyer and not a sub-agent for Ashland Auction Group, LLC.

2.0% Broker Co-Op. Agents must register 48 hours in advance of the start of the auction. Additional terms and conditions are listed at: https://www.ashlandauction.com/cms/brokers

Notice: Bids are legally binding. Bids placed on AshlandAuction.com are bound by AshlandAuction.com’s Terms and Conditions (see AshlandAuction.com’s Terms).