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Auction Information:
AUCTION INFORMATION: 
Name Houghton's January 21st Online Auction
Date(s) Monday, December 17, 2012 - Monday, January 21 2013
Preview: Preview Dates:
Wednesday Jan 16th 8 - 5
Thursdays Jan 17th 8 - 5
Friday Jan 18th 8 -5
Saturday Jan 19th 8 - 1
Monday Jan 21st 8 - 5
Location 720 S Minnesota Ave
Oronoco, MN
Buyer Premium 10% Buyer's Premium on $2,000 and less
 Bidding Notice Preview Dates:
Wednesday Jan 16th 8 - 5
Thursdays Jan 17th 8 - 5
Friday Jan 18th 8 -5
Saturday Jan 19th 8 - 1
Monday Jan 21st 8 - 5
Description Houghton's January 21st Online Auction
Terms and Conditions ONLINE AUCTION STARTS ENDING AT 6PM - MONDAY JANUARY 21ST
EACH LOT ENDS SEVERAL SECONDS AFTER THE PREVIOUS LOT, BIDDING ACTIVITY WILL EXTEND 3 MINUTES, PER LOT, IF THERE IS BIDDING ACTIVITY IN THAT LOT IN THE LAST THREE MINUTES


AUCTION LOCATION 720 SOUTH MINNESOTA AVE,
ORONOCO, MN
FROM HWY 52 EXIT 64, GO EAST .3 MILES ON OLMSTED CNTY #112, TURN LEFT ON MINNESOTA AVE, (ALSO OLMSTED CNTY #18) GO 1 MILE

ONLINE AUCTION TERMS

ALL ITEMS MUST BE PAID FOR BY ON SPECIFIED PAYMENT AND PICKUP DATES. WITH NO EXCEPTIONS.
13% BUYERS FEE APPLIES TO ITEMS OF $2,000 OR LESS(3% Discount for Cash or Check), NO BUYERS FEE ON ITEMS SELLING FOR OVER $2,000
MN STATE SALES TAX 6.875% APPLIES TO ALL PURCHASES
IF YOU CANNOT MAKE THE PAYMENT PICKUP DEADLINE YOUR CREDIT CARD WILL BE BILLED FOR YOUR PURCHASES. IF YOU FAIL TO PAY FOR YOUR ITEMS, IT WILL BE TURNED OVER TO THE DISTRIC ATTORNEYS OFFICE FOR COLLECTION, COURT COST, STORAGE FEES, AND ANY OTHER COSTS INCURRED BY HOUGHTON AUCTION SERVICE WILL BE COLLECTED.
YOU ARE REQUIRED TO REGISTER WITH A VALID EMAIL ADDRESS, MAILING ADDRESS, PHONE NUMBER, AND CREDIT CARD INFORMATION. PERSONS NOT GIVING THIS CORRECT OR VALID INFORMATION WILL NOT BE ALLOWED TO BID ON THIS AUCTION. BUYERS OUTSIDE THE 48 STATES MUST PAY WITH CASH OR WIRE TRANSFER TERMS OF THE SALE ARE 3% Buyers Fee unless paid with cash or check

TITLES TRANSFERED
HOUGHTONS AUCTION SERVICE IS A MN LICENSED AUTO DEALER. HOUGHTONS AUCTION SERVICE WILL TRANSFER ALL TITLED ITEMS INTO BUYERS NAME. MN SALES TAX, TITLE TRANSFER FEE, AND ADMINISTRATIVE FEE WILL BE COLLECTED

REFRESH YOUR PAGE
IT IS VERY IMPORTANT FOR YOU TO KEEP REFRESHING YOUR PAGE TO SEE THE CURRENT BIDS, AND TO SEE IF YOU HAVE BEEN OUT BID, THE BIDS ARE CONSTANTLY CHANGING

ONLINE AUCTION
THIS IS AN ONLINE AUCTION ONLY WITH INTERNET OR ABSENTEE BIDDING ONLY. ALL INTERNET BIDDERS MUST REGISTER ONLINE, AND ABSENTEE BIDDERS MUST REGISTER WITH AUCTION COMPANY.

STAGGERED, SOFT, & LINKED CLOSE
STAGGERED CLOSE, EACH LOT ENDS SEVERAL SECONDS AFTER THE PREVIOUS LOT
(SEVERAL SECOND DELAY BETWEEN EACH LOT , SO ALL LOTS DON'T END AT THE SAME TIME)
SOFT CLOSE - BIDDING ACTIVITY WILL EXTEND , 3 MINUTES, PER LOT , IF THERE IS BIDDING ACTIVITY IN THAT LOT IN THE LAST THREE MINUTES

MAX BID AMOUNT
IF YOU ARE NOT GOING TO BE AVAILABLE WHEN THE AUCTION ENDS YOU CAN PLACE A MAX BID, YOU CAN ENTER THE HIGHEST AMOUNT YOU ARE WILLING TO PAY AND THE COMPUTER WILL AUTOMATICALLY BID UP TO YOUR MAX AMOUNT IN THE INCREMENTS SPECIFIED.

LOTS SELLING
ALL ITEMS SOLD AS IS, NO WARRANTY, PLEASE INSPECT BEFORE YOU BID AND BUY. IF YOU ARE THE WINNING BIDDER YOU ARE RESPONSIBLE FOR PAYMENT OF YOUR ITEMS. AND YOU ARE RESPONSIBLE FOR YOUR BIDS
13% BUYERS FEE ON ALL ITEMS OF $2,000 AND LESS (3% DISCOUNT IF PAID CASH OR CHECK)
0% BUYERS FEE ON $2,001 AND OVER
MN STATE SALES TAX 6.875% APPLIES TO ALL PURCHASES

SHIPPING OF AUCTION ITEMS
MOST ITEMS CAN BE SHIPPED, IF YOU ARE BIDDING FROM OUT OF THE AREA. SMALL ITEMS WILL BE SHIPPED UPS,USPS, LARGER ITEMS WILL BE SHIPPED BY TRUCK FRIEGHT. ALL SHIPPING AND HANDLING COSTS ARE THE RESPONSIBILITY OF THE BUYER

BID INCREMENTS BID
INCREMENTS
$25 AND UNDER $2.00
$26 - $50 - $3.00
$51 - $100 - $5.00
$101 - $250 - $10.00
$251 - $500 - $15.00
$501 - $750 - $20.00
$751 - $1,000 - $25.00
$1,001 - $2,500 - $50.00
$2501 - $5,000 - $75.00
$5,001 - $7,500 - $100.00
$7,501 - $10,000 - $150.00
$10,000 AND UP $200.00

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