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K & V Farms ONLINE ONLY AUCTION
March 14, 2017, at 8:00 am EDT
Greg and Randy have sold their farm land and are retiring. They have chosen Orbitbid.com to liquidate the remaining farm equipment with a one day ONLINE ONLY AUCTION on Tuesday March 14, 2017 starting at 8:00am and closing at 6:00pm.Highlights include:
- Case 980 Forklift
- Irrigation Pumps
- Assorted 3″ and 4″ Irrigation Pipe
- Crawlers
- Nurse tanks
- Wagons
- Side Dresser
- Transplanter
- Tractors
- Tillage Equipment
- And Much More!
Preview day will be Monday, March 13, 2017 from 9am-4pm and auction day from 8am-5pm.
Auction Preview Photos:
TERMS & CONDITIONS
Inspection Times:
Monday | 3/13/2017 | 9:00 a.m. – 4:00 p.m. |
Tuesday | 3/14/2017 | 8:00 a.m. – 5:00 p.m. |
Payment Dates:
Wednesday | 3/15/2017 | 8:00 a.m. – 5:00 p.m. ET Online payments may be made at your convenience, Final payment due by 3/16/2017 @ 5:00 p.m. ET |
Thursday | 3/16/2017 | 8:00 a.m. – 5:00 p.m. ET Online payments may be made at your convenience, Final payment due by 3/16/2017 @ 5:00 p.m. ET |
Payments are not accepted at the auction location. All payments required within 2 days of auction.
Removal Times / Failure to Remove:
Wednesday | 3/15/2017 | 8:00 a.m. – 5:00 p.m. |
Thursday | 3/16/2017 | 8:00 a.m. – 5:00 p.m. |
Friday | 3/17/2017 | 8:00 a.m. – 5:00 p.m. |
Extended pickup hours available for 2nd day of removal by APPOINTMENT ONLY!
This is available only for prepaid invoices.
Items NOT removed within auction terms will be considered abandoned and forfeited
Buyer is responsible for DISASSEMBLY, LOADING, PACKAGING & SHIPPING of items purchased.
Auction staff will not have tools available for disassembly. Please bring any necessary tools with you at time of pickup.
Orbitbid.com does not package or ship items. Once items leave our premises, we are no longer responsible. Be sure to insure your shipment with the carrier.
Special Notes
Staff will not have tools available for disassembly. Please bring any necessary tools with you at time of pickup.
PLEASE NOTE: PAYMENTS ARE NOT ACCEPTED AT THE AUCTION LOCATION
General Information:
**IMPORTANT NOTE & REMINDER If for any reason buyers fail to remove any of buyer purchases within the time specified, the Auction Co. shall have the right but not the obligation, in its sole discretion, to resell, discard or remove and store said purchase at buyers sole risk and expense (storage costs will be charged – per day – per item – other costs additional), without waiving any rights that Auction Co. or seller may have against buyer. Storage charges will be the responsibility of the buyer (after removal period.) Removal period is posted on each sale and may vary from sale to sale.
Buyer’s Premium Text:
- A 13% Buyer’s Premium is in effect for this auction.
- A 3% discount on the buyer’s premium is given when INVOICE IS PAID IN FULL with cash or wire transfer, resulting in a 10% Buyers Premium for these two types of payment.
Payment Types Accepted & Applicable Buyer’s Premium for each:
- Wire Transfer = 10% Buyer’s Premium
- *Cash = 10% Buyer’s Premium
- MasterCard, VISA, Discover, AMEX = 13% Buyer’s Premium
Cash accepted ONLY at these locations:
- CORPORATE OFFICE: 601 Gordon Industrial Ct., Byron Center, MICHIGAN 49315
- WAYLAND AUCTION CENTER (Repocast.com): 3450 12th Street, Wayland, MICHIGAN 49348
Sales tax is calculated on total sales price which includes Buyer’s Premium (therefore Buyer’s Premium is also taxable).
Explanation of Sales Tax on Buyers Premium
Types of Payment:
- Cash
- Credit Card (Visa, Mastercard, Discover, AMEX) up to $10,000.00
- Wire transfer
HOW TO PAY:
- Credit Cards: Online, at Corporate Office, or at Wayland Auction Center
- Wire Transfer: Refer to details on invoice
- Cash payments: accepted at these locations:
- CORPORATE OFFICE: 601 Gordon Industrial Ct., Byron Center, MICHIGAN 49315
- WAYLAND AUCTION CENTER (Repocast.com): 3450 12th Street, Wayland, MICHIGAN 49348
PAYMENTS ARE NOT ACCEPTED AT THE AUCTION LOCATION. Unless auction location is the same as Corporate Office or Wayland Auction Center.
WE DO NOT ACCEPT:
- Checks (includes Personal, Business, Cashier, Certified, etc)
- Direct Deposits
Storage Fees / Restocking Fees
**IMPORTANT NOTE & REMINDER If for any reason buyers fail to remove any of buyer purchases within the time specified, the Auction Co. shall have the right but not the obligation, in its sole discretion, to resell, discard or remove and store said purchase at buyers sole risk and expense (storage costs will be charged – per day – per item – other costs additional), without waiving any rights that Auction Co. or seller may have against buyer. Storage charges will be the responsibility of the buyer (after removal period.) Removal period is posted on each sale and may vary from sale to sale.
Titled Lots:
For questions on a titled item please contact our Title Office at (616) 261-4988 ext. 1144
For auctions conducted outside of the state of Michigan:
Buyers will be responsible for taxes and plates at their local Secretary of State or DMV office. Titles will be given at the auction location or sent via mail upon receipt of secure payment.
Michigan residents, we are required by the State of Michigan to broker all titled items sold. A $95.00 broker fee will be charged for all vehicles which we need to broker. In addition, a $15.00 fee for title transfer will be charged. We can apply for your plates and registration if you so choose. If you wish to have us do so, you MUST provide us with proof of insurance for the purchased vehicle before you can remove it from the auction site. If not, you must be prepared to tow or trailer your vehicle. The appropriate fees will be added to your invoice.
Non-Michigan Residents will pay the $95.00 Broker Fee and necessary fees according to their state rules for titled vehicles. Please note that buyers will need to sign the appropriate paperwork required by the state for title transfers. Title processing may take up to 15 business days. Then will take 4-10 business days to receive your title from the Secretary of State.
For Out of Country buyers, the State of Michigan requires we collect 6% sales tax and transfer the title as an “In-Transit” through the Michigan Secretary of State before the title is issued to the buyer. All out of country buyers must contact our title department to start the paperwork before the item can go across the border. We will need to obtain the appropriate documents and signatures to transfer the title; this could take 3 to 5 weeks. We recommend all vehicle purchases made with the intent of taking the vehicle out of the country contact the title dept. as soon as a winning bid is accepted. For questions on a titled item located in Byron Center please contact our title dept. at (616) 261-4988 ext. 1144,
Shipping Options / Information:
Orbitbid will not be able to assist with disassembly, loading, packaging, or shipping of any item(s) AND cannot be listed as the “shipper” on any BOL.
Shipping Information
Refund Policy:
NO REFUNDS, RETURNS, OR EXCHANGES. All items sold “AS IS WHERE IS” with all faults.
Condition of Online Auction Lots:
All high bids are considered legal binding contracts and all sales are final. All items are sold “as is where is”, with NO guarantee, warranty, or possible refund written, expressed, or implied. The working/running condition of an item may not be known and may not always be listed in the items description. Sometimes we do know and list the condition of the items, but many times do not. Please note that all sales are final regardless of the purchase items condition, unless the discretion of an Orbitbid.com Manager deems differently.
All items sell AS IS – WHERE IS WITH ALL FAULTS and with no warranty of any type expressed or implied as to the merchantability or fitness for any particular purpose of any goods offered in this sale. All sales are made on an AS IS – WHERE IS WITH ALL FAULTS basis. All buyers are urged to physically inspect the item prior to bidding during the inspection period. No bids can be withdrawn once submitted before, during or after the auction for any reason. BUYER agrees that these terms as well as all other terms set forth below, can be amended or revised only in writing, signed by the auctioneer. BUYER also agrees that any oral representation made by the auction company or its agents shall not modify these “AS IS – WHERE IS WITH ALL FAULTS” terms. BUYER understands that any description given, written on the equipment, or advertised by any other means is not guaranteed, and BUYER will rely entirely on their own inspection. All information and descriptions contained in advertising this sale are believed correct, but no responsibility is assumed by Auction Co., or Seller for any errors or omissions.
Dynamic Bidding:
Posted closing times and displays of Auction Co.’s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at its discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. All times based on Eastern Standard Time. Dynamic bidding – The dynamic bid on this website is a feature that does NOT allow an item to sell at the end of the auction until there is 10 minutes of bidding inactivity. Example – An item is bid on at 7:50pm. An auction is scheduled to close at 8:00pm. When this bid is placed the ending time will automatically extend to 8:10pm. When another bid is placed at 8:01 the auction will extend until 8:20pm. This will give bidder 19 minutes to place another bid. If no bids are placed this auction will conclude at 8:20pm. The key to your dynamic bidding feature is that the auction extends from the preset closing time in 10 minute intervals, NOT 10 minutes from when you placed your bid.
Sales Subject to Approval:
This means that an items sale is contingent upon receiving the approval of the Owner, Bank, Court, Trustee or Lien Holders affiliated with that particular piece. Please call (866) 672-4806 for the Approvals on all items that sell subject and we will be happy to assist you.
High bidders will be notified as soon as possible the day following the auction.
Sales Tax:
Sales Tax Rate for this auction will be: 6%
All bidders will be subject to applicable sales tax for the state in with the auction is held. If you are tax exempt, provide our office with the documentation required for exemption.
Sales tax is calculated on total sales price which includes Buyer’s Premium (therefore Buyer’s Premium is also taxable).
Explanation of Sales Tax on Buyers Premium
MI Sales Tax Exemption Form
Posted Closing Times:
Posted closing times and displays of Auction Co.’s current time are approximate. Auction Co. reserves the right to close early or extend auctions at any time at its discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid. All times are local time for auction location. Dynamic bidding – The dynamic bid on this website is a feature that does NOT allow an item to sell at the end of the auction until there is 10 minutes of bidding inactivity. EXAMPLE: An item is bid on at 7:50pm. An auction is scheduled to close at 8:00pm. When this bid is placed the ending time will automatically extend to 8:10pm. When another bid is placed at 8:01pm the auction will extend until 8:20pm. This will give bidders 19 minutes to place another bid. If no bids are placed, this auction will conclude at 8:20pm. The key to your dynamic bidding feature is that the auction extends from the preset closing time in 10 minute intervals, NOT 10 minutes from when you placed your bid.
Forklift & Loading Dock:
Loading Dock is NOT available at this auction site.
Forklift is NOT available at this auction site.
Qualifications for 3% Buyers Premium Discount:
3% Discount on Buyer’s Premium when invoice is PAID FULL with one of these qualifying payment methods:
- Cash
- Wire Transfer
These are the only types of payment that qualify for the 3% discount on the buyer’s premium.
Cash accepted ONLY at Corporate Office or Wayland Auction Center
All written material is subject to change. Announcements made day of sale take precedence over printed material.