Name Overstock, Industrial & Salvage Liquidation #24
Auctioneer Source Auctions
Type Online-Only Auction
Date(s) 8/17/2022 - 8/27/2022
Lots begin closing August 27th @ 4:00PM EST
Preview Date/Time August 24th, 9am-2pm.
Checkout Date/Time August 30-31st, 9am-2pm.
Location 5519 Pride Road
Richmond, VA 23224
Buyer Premium 15% Buyer's Premium
Description
Online - Internet Only - Timed Auction. All bidding activity will take place online. When bidding, just enter your maximum bid. The system will bid on your behalf using only what it needs to keep you in the lead. Location: 5519 Pride Road, Richmond, VA 23224 Preview: August 24th, 9am-2pm. Lots Start Closing: August 27th @ 4:00pm EST. Removal: August 30-31st, 9am-2pm. Please remember, as always, the condition of these items ranges from "NEW" to "SALVAGE" and you should personally inspect all items before bidding!
Auction Terms & Conditions This is an ONLINE ONLY AUCTION with LIVE PREVIEW. INSPECTION: The bidder is invited, urged and cautioned to inspect the property prior to bidding. Property will be available for inspection at the places and times specified. Persons in attendance during inspection, sale or removal of merchandise assume all risks of damage or loss to persons, property, or merchandise and shall exercise proper precautions at all times for the protection of persons and property and shall comply with all safety and health requirements as directed by Auctioneer, and local, state and federal regulations. Auctioneer, its agents, its employees and representatives shall not be liable by reason of any defect in or about the condition of the premises on which the auction is held. Buyer specifically releases Auctioneer, its agents and representatives from all liability thereof. CONDITION & LOCATION OF PROPERTY: All property listed is offered for sale "AS IS, WHERE IS, WHAT IS" unless otherwise provided. Source Auctions nor the consignor makes any warranty, expressed or implied as to quantity, kind, character, quality, weight, size or description of any of the property or its fitness for any use or purpose. CONSIDERATION OF BIDS: Source Auctions as a commissioned agent for the consignor reserves the right to reject any or all bids including all bids under which a bidder would take unfair advantage of the consignor or other bidders, to waive any technical defects in bids, and unless otherwise specified by the consignor or by the bidder, to accept any one item or group of items in the bid, as may be in the best interest of the consignor. FORMS OF PAYMENTS: Cash payments shall be in US currency only. The other acceptable forms of payment are MasterCard, Visa, Discover and American Express. PAYMENT: The purchaser agrees to pay for property awarded to him in accordance with the prices quoted in his bid. Subject to any adjustment made pursuant to any provisions of this contract, payment of the full purchase price must be made the day of the sale within the time specified in the flyer or website. If an adjustment is made, requiring addition payment, such payment must be made immediately upon notice of such an adjustment. Payment will be auctomatically billed to buyers card on file at end of auction. If the card is declined, further attempts of decreasing amounts may be made until the balance is paid in full. ALL SALES ARE FINAL: The condition of the merchandise being offered varies. Buyer understands and agrees: (1) that any description or sample of the merchandise given or furnished by Auctioneer is solely for identification, and does not create any warranty, express or implied, that the merchandise actually conforms to such description or sample; (2) that all merchandise is purchased and accepted by Buyer "AS IS-WHERE IS," 'IN PLACE" and "WITH ALL FAULTS, KNOWN AND UNKNOWN." AUCTIONEER MAKES NO WARRANTIES OR GUARANTEES WHATSOEVER WHETHER WRITTEN, ORAL OR IMPLIED AS TO QUALITY, QUANTITY, CONDITION, LOCATION, USEABILITY, SALEABILITY, WEIGHT, MEASUREMENT, BRAND, MAKE, STYLE, YEAR, MODEL, MECHANICAL CONDITION, PERFORMANCE, AND FITNESS FOR A PARTICULAR PURPOSE OR OTHER SPECIFICATIONS. MANUFACTURERS WARRANTIES MAY BE IN EFFECT. NO SALE SHALL BE INVALIDATED AND AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT OR OTHERWISE. Descriptions have been prepared for guide purposes only and shall not be relied upon by Buyer for accuracy or completeness. By submitting a bid, Buyer/Bidder affirms it has inspected all items or has waived its right to do so prior to bidding. Buyers shall be deemed to have relied entirely upon their own inspections and investigations. NON CHARGEBACK AGREEMENT: BUYER AGREES THAT ALL SALES ARE FINAL. ALL ITEMS ARE SOLD "AS IS-WHERE IS," WITH ALL FAULTS AND WITHOUT WARRANTIES. Catalog, web, and advertising descriptions are NOT GUARANTEED. Bidders are responsible to thoroughly inspect items before bidding and to satisfy themselves of such matters as to suitability, marketability, completeness, year, make, model, condition and/or any other consideration. IF YOU ARE UNSURE AS TO ANY MATTER, DO NOT TO BID. To the maximum extent allowable, buyer hereby waives any and all rights to dispute, or initiate a chargeback, in any manner whatsoever, charges placed on customer's credit or debit account as it pertains to any purchases made with your user account. Customer specifically acknowledges that by utilizing a credit or debit card payment method, for the purchase of items specified on any invoice or transaction made with the user account, the customer has agreed to an additional fee for use of this service. TITLE: Unless otherwise provided in the flyer, title to the property sold here under shall vest in the purchaser as and when removal is effected. On all motor vehicles and motor propelled or motor drawn equipment requiring licensing by a state motor vehicle regulatory agency, a title or proper documents for title will be furnished for each vehicle and piece of equipment unless otherwise provided in the flyer. DELIVERY, LOADING, AND REMOVAL OF PROPERTY: The purchaser shall be entitled to obtain the property upon full payment therefore with delivery being made only from the exact place where the property is located within the installation. The purchaser must make all arrangements necessary for packing, removal, and transportation of property. Source Auctions will not act as a liaison in any fashion between the purchaser and carrier, nor will Source Auctions recommend a specific common carrier. Loading will only be performed as set forth in the flyer. Source Auctions will provide the initial placement of the property on conveyance(s) furnished by the purchaser and the initial placement on the purchaser's conveyance(s) shall be as determined by the Source Auctions. Source Auctions will not block, chock, brace, lash, band, or any other manner secure the cargo on such conveyance(s) furnished by the purchaser. Where it is provided in the flyer that Source Auctions will not load or that the purchaser will load, the purchaser will make all arrangements and perform all work necessary to effect removal of the property. The purchaser shall remove the property at his expense within the period of time allowed in the invitation. Items purchased under the sale catalog will be released only to the purchaser or his authorized representative. The authorized representative must furnish authorization from the purchaser to the custodian of the property location before any delivery or release will be made. When property is described as being boxed, packed, crated, skidded, or in containers, Source Auctions does not warrant that the property, as packaged, is suitable for shipment. Segregation, culling, or selection of property for the purpose of effecting partial or incremental removals will not be permitted except as specifically authorized and prescribed by Source Auctions. Buyer is solely responsible to provide any personnel, equipment or material needed to pick up purchases and shall assume all responsibility for the removal of any item of property purchased at the sale and any and all risks associated with such removal including, without limitations, the responsibility for providing LICENSED AND BONDED professionals to ensure proper water, gas and/or power disconnection, disassembly, removal and loading, and full financial responsibility for any damage or liability to persons or property resulting from any negligent act or omission of Buyer or Buyer's employees, agents and/or representatives during pick-up and removal. REMOVAL TIMES: Please see the details of the auction for removal days and times. All property must be paid for and picked up within 5 days of the end of the sale. If not, the merchandise will be deemed abandoned and Buyer will lose any right, title or interest Buyer may have acquired and the merchandise shall revert and repossess to Auctioneer without further notice to Buyer and Buyer's deposit will be forfeited. No purchaser may assign, transfer, or dispose of his rights in any article purchased before he has paid the purchase price in full. No reselling will be allowed from the premises. ORAL STATEMENTS AND MODIFICATIONS: Any oral statement or representation by any representative of Source Auctions changing or supplementing the flyer or catalog or any condition thereof, is unauthorized and shall confer no right upon the bidder or purchaser. Further, no interpretation of any provision of the contract, including applicable performance requirements shall be binding on Source Auctions unless furnished or agreed to, in writing by the supervisor or his designated representative. CLAIMS LIABILITY: The bidder or purchaser agrees to save Source Auctions and Consignor harmless from any and all actions, claims, debates, demands, judgements, liabilities, costs, and attorney's fees arising out of, claimed on account of, or in any manner predicated upon loss of or damage to property and injuries, illness or disabilities to or death of any and all persons whatsoever, including members of the general public, or to the property of any legal or political entity including state, local or interstate bodies, in any manner caused by or contributed by the bidder or purchaser, it agents, servants, employees, or any person subject to its control while in, upon or about the sale site and/or the site on which the property is located, or while the property is in the possession of or subject to the control or the bidder or purchaser, its agent, servant or employees after the property has been removed from Consignor's control. RISKS: All risk loss shall pass to Buyer at the time of payment. If Auctioneer is unable to deliver an article sold to Buyer due to fire, theft, or any other reasons whatsoever, Auctioneer shall reimburse Buyer for all monies paid to Auctioneer in respect to the article and Auctioneer shall have no further liability to the purchaser arising from or relating to such loss, including without limitation any damages for loss of profits. LIABILITY AMOUNT: In no event shall Auctioneer's liability to Buyer exceed the purchase price actually paid. A Buyer's claim shall be limited to the amount paid for the merchandise, and shall not extend to any obligation; risk; liability; right; claim; remedy for loss of use, revenue or profit; liability of Buyer to any third party; personal injury; or any other direct, indirect, incidental or consequential damages. Auctioneer is acting as an agent only and is not responsible for the acts of its principles. WITHDRAWAL OF PROPERTY AFTER REWARD: The Consignors reserves the right to withdraw for its use any or all of the property covered by this contract, if a bona fide requirement for the property develops or exists prior to actual removal of the property from Source Auctions control in the event of a withdrawal of this condition, Source Auctions shall be liable only for the refund of the contract price of the withdrawn property or such portion of the contract price as it may have received. ELIGIBILITY OF BIDDERS: The bidder warrants that he is not: (a) under 18 years of age; (b) an employee of the consignor where the consignor prohibits the employee from bidding. For breach of this warranty, the Source Auctions shall have the right to annul this contract without liability. REQUIREMENTS TO COMPLY WITH APPLICABLE LAWS AND REGULATIONS: It is the bidder's responsibility to ascertain and comply with all applicable federal, state, local and multi-judiciary laws, ordinances, and regulations pertaining to the registration, licensing, handling, possession, transportation, transfer, export, processing, manufacture, sale, use, or disposal of property listed in the invitation. Purchasers or users of this property are not excused from any violation of such laws or regulations either because the United States is the party to this sale or has had any interest in the property at any time. COMMUNICATION: By agreeing to these terms and conditions you are agreeing to receive email and text notifications from Source Auctions and its affiliate auctioneers. You may opt out at any time by unsubscribing. SALES TAX: Buyers will be charged all applicable taxes unless SATISFACTORY PROOF OF EXEMPTION is provided to Auctioneer prior to payment. If satisfactory proof is not provided, Buyer will pay all applicable taxes to Auctioneer. No taxes will be refunded once the tax has been collected. Proof of exemption, subject to approval by Auctioneer, includes VALID RESALE CERTIFICATES, EXEMPTION CERTIFICATES, VALID CRS only, and any other documents as governed by applicable local, state, and federal laws deemed acceptable at Auctioneer's sole discretion. SHIPPING: All lots not picked up by the end of the removal period will automatically be shipped at the Buyer's expense. Shipping & Handling charges will be charged to the credit card on file. Source Auctions will make every reasonable attempt to reduce base shipping charges for the benefit of the Buyer. Source Auctions charges $5 per box shipped for a handling charge. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 4.95 0.05 USD
4.96 - 9.90 0.10 USD
9.91 - 24.75 0.25 USD
24.76 - 49.50 0.50 USD
49.51 - 99.00 1.00 USD
99.01 - 995.00 5.00 USD
995.01 - 4,975.00 25.00 USD
4,975.01 - 9,750.00 50.00 USD
9,750.01 - 99,900.00 100.00 USD
99,900.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 15% Buyer's Premium
Payment Terms
Accepted forms of payment include Visa, MasterCard, Discover, American Express and Cash. Credit cards will ALWAYS be charged the day after the auction unless otherwise specified. You must have available balance on your credit card for your online purchases. 2% Cash discount. We do not accept checks or money orders. Please notify help@sourceauctions.com before the auction or immediately after the auction of your intent to pay cash.
In person pickup location: 5519 Pride Road Richmond, VA 23224 All orders not picked up during the removal period will automatically be shipped at buyer's expense. Please see auction details for removal dates, times and location. Visit sourceauctions.com for more information.