Deposit: A $2,500 credit card deposit is required at the time of registration. The credit card on file will be authorized the deposit amount, which will be charged if you are the winning bidder. An invoice for the balance will be provided after the close of the auction.
Final Payment: All items must be paid in full within 48 hours (2 business days) from time the bid approval email is sent by bank wire, cashier’s check or credit card (up to $20,000 maximum for credit card purcheses. The balance due with bank wire or cashier's check). Cashier’s checks are made payable to CWS Marketing Group, Inc. See Terms of Sale for details. For lots that do not meet reserve, and the bid is approved after the sale, the Buyer will have 48 hours from the time notification is sent to make final payment.
Removal: A list of local companies buyer's have used to ship items in the past is available in the sale terms. Removal is the responsibility of, and at the expense and risk of Buyer. CWSAMS, nor the agencies represented, ship any property. If shipping is desired, it is the sole responsibility of the buyer. Therefore it is strongly recommended that buyers look into shipping arrangements prior to bidding.
Removal must be completed on or before the:
10th business days from date of sale, and for auction lots that the high bid is approved after the auction, 10 business days from the invoice being sent.
Removal is by appointment only and should be made by the Buyer with the storage vendor only after Buyer has received the necessary Property Release Document. Please see Removal Details for complete removal information.
Special Requirements for IRS-CI Property All auction lots are being offered by the IRS-CI. The IRS-CI reviews all bidders for IRS-CI offered lots and approval may take up to three (3) business days. This does not change the requirements for payment. Please call ahead before pickup to ensure that the IRS-CI has approved your purchase for release.
Reserve Some merchandise in this sale has a reserve price. When the auction closes, each lot will display either SOLD or ENDED. SOLD indicates the reserve (if there is a reserve) was met, and a payment email will be sent to the high bidder. ENDED indicates all final bids did not meet the reserve. In this case, CWSAMS will ask the seller if they will accept the high bid. If the seller accepts the high bid, an email notice confirming the approval will be sent to the high bidder, along with payment instructions.
Terms: It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.
