ABSOLUTE AUCTION OF LIGHT FIXTURE LIQUIDATION

Absolute Online Auction of  Light Fixture Dispersal

Bidding Ends Tuesday April  8th, 2014 @ Approximately 6:00p.m.

1013 Mt Vernon Drive Shelbyville, Ky 40065

OVER 2300 LOTS!!!

Directions: 1 Mile North of US 60 & Hwy 55 Intersection, turn onto Mt Vernon Drive

If you are building your dream home, are a builder or in the retail fixture business - this is an opportunity for you to purchase a huge assortment of fixtures at your own price. Some of the fixtures included are Thomasville, Thomas, Progress, Minka – Lavery, Millennium and other quality brands.

Preview: Thursday April 3rd and Tuesday April 8th 12:00 noon to

6:00 pm both days.

Pickup: Wednesday April 9th 12:00 noon to 7:00pm and Thursday April 10th 9:00 am to 6:00pm

Buyer’s Premium: Their will be a 10% buyer’s premium added to the last bid to determine the final purchase price.

Sales Tax: All items are subject to 6% KY sales tax unless you provide a resale number upon registration.

Shipping and Handling: If you choose to have your items shipped, there will be a $5.00 charge per lot handling fee with a maximum of $150.00 – plus shipping cost.

Terms: 

TERMS

BUYER'S PREMIUM:  There will be a 10% Buyer’s Premium added to the winning bid.  The sum of the winning bid plus the buyer’s premium will be the sales price.

Preview: Thursday April 3rd and Tuesday April 8th 12:00 noon to 6:00pm both days.

Pickup: Wednesday April 9th 12:00 noon to 7:00pm and Thursday April 10th 9:00am to 6:00pm

AUCTION END TIMES:  TUESDAY APRIL 8TH AT APPROXIMATELY 6:00P.M. 

Ford Brothers, Inc.  On line Auctions are timed events and all bidding will close at specified time. Ford Brothers, Inc.  On line Auctions also have an auto extend feature.  If a bid is placed in the final 5 minutes of an auction, the close of the auction will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:05.The auto extend feature remains active until no further bids are received within a 5 minute time frame. 

REFRESH YOUR SCREEN CONSTANTLY DURING THE CLOSING MINUTES OF THE BIDDING

All property is sold in “AS IS” and “WHERE IS” condition.  ALL SALES ARE FINAL!  Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed.  Property is available for inspection at specified times and it is the bidder's responsibility to determine condition.  Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, charge back, etc.  

All description information has been gathered from sources which we believe to be reliable but are not guaranteed.  Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc.  Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.

PAYMENT:  Payment will be due in full at the time of pickup.  These items must be picked up on either April 9th from 12:00 p.m. to 7:00 p.m. or on  April 10th from 9:00 a.m. to 6:00 p.m.    You may pay for your items at time of pick up at the auction site.  Accepted methods of payment are cash, cashier's check or personal/business check, Visa, Mastercard (with a 3% credit card processing fee) or wire transfer.    Personal and business checks will be verified for sufficient funds before items are removed from the auction site.     All fees incurred by wired transfers will be paid by the purchaser.  All purchases that have not been paid by Thursday, April 10th by 6:00 p.m. will automatically be charged to the credit card used at registration, with a 3% processing fee (minimum processing fee of $3).

Shipping and shipping preparation on items that will fit into a US Postal Service flat rate box will be subject to the following charges:  $5 per lot handling fee plus the cost of shipment and shall be paid prior to shipping.  The shipping insurance is available through most shipping companies and would be the expense of the buyer (optional).  Ford Brothers, Inc. and the sellers WILL NOT be liable for any lost or damaged packages.

 Any items not removed by the deadline will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer.  There will be NO REFUND to the purchaser for these forfeited items.
    
There will be no loading equipment at sites.  It is the responsibility of the buyer to make their own loading arrangements. 

SALES TAX:  Kentucky Sales Tax (6%) will be added to the sale price.  Dealers or other exempt parties must provide proper documentation to Auctioneer before bidding.
 

SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc. 

Any dispute between Ford Brothers, Inc, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Shelbyl County, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth.

Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Ford Brothers, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.

Ford Brothers, Inc., reserves the right to alter this agreement at any time.  This will take place by updating this site.  Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.

Auction company employees and/or auction company may bid on and purchase auction items.

BIDDER DEFAULT:   Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Ford Brothers and all other Marknet auctions.

If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately.

For additional information, contact Ford Brothers, Inc. Auctioneers - Realtors at 1-800-526-9430.

TIME IS OF THE ESSENCE in regard to all auction terms.