Bidding
Auto Bid is a maximum bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. [Please Note: In Reserve Price Auctions, if your maximum bid is the first to meet or exceed the seller's reserve price, the system will automatically move your bid up to meet the reserve, and bidding will continue from there.]
The System will default to Auto bid if not instructed to do so otherwise. To choose a Flat bid option, click on the radio button next to Flat Bid.
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When you are ready to place a bid, choose a bid type, enter your bid amount in the Bid Amount box and click on the Bid on this item button. You will be prompted to login (or register, if you haven't already).
Once you've submitted your bid, we will send you a bid confirmation notice via email and place a similar notice in your My Messages in-box located within My B4A.
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| A more comprehensive, step-by-step guide to bidding is available by clicking here.
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When an Auction Ends
- If you are the winning bidder of a County Tax Sale auction, you will receive an e-mail (and message in you're My Messages in-box) from Bid4Assets with settlement and deed transfer instructions within 24 hours. As a winning bidder your deposit will be transferred to the County Tax Collector as a non-refundable down payment for the property. As a reminder, your bid is a binding contract.
- If you are not the winning bidder on the auction, your deposit will automatically be refunded within 10 business days of the close of the auction.
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- Online check deposits are refunded by online check (ACH) to the originating bank account within 10 business days of the day the auction closes.
- Check or wire deposits are refunded by check, to the name and address provided in your Bid4Assets profile, within 10 business days after the close of the auction. To confirm your profile information, click on the My Profile link located in My B4A.
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