This area, deposit amount, usually 10% of expected sale price has to be deposited in form of cashiers check with the auctioneer BEFORE the start of the sale as a condition of bidding. Unsuccessful bidders are given their check back after sale. This lady needed an attorney a month ago. Here in the upper mid-west, auctions tend to sell things well for the owner. Some other places, not so well. A person needs to know their market. Any real estate deal, money should be in bank before keys are handed over. When I bought my current place, I needed to move before we could possibly close on the deal. Convinced the seller to rent for two months, cash upfront, house was empty anyway so it wasn't a big deal to them. Yes it cost me a bit more, but was better than living in a snow bank!
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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