Frequently asked questions

Non-institutional investors must provide sufficient proof of funds which demonstrates liquidity and the ability to close the transaction for each asset of interest. Additional proof of funds may be required during the auction event if your high bid surpasses the amount provided through your proof of funds.

You will need to register as that entity and provide entity formation documents, good standing certificates, and authority resolutions for that entity. Assignments may be allowed but only as permitted under the purchase and sale agreement for each asset. So be sure to read the purchase and sale agreement for the asset you’re bidding on.

Yes. You must submit a refundable participation deposit for each individual asset you’re interested in. The amount of each participation deposit varies from asset to asset. Please review each individual asset’s property display page for the required participation deposit.*

Before placing a bid, be sure to review all of the due diligence available in the asset’s due diligence/document vault, the purchase and sale agreement, and the auction terms and conditions. If you have additional questions, please contact us.

Within two (2) hours, you will be contacted by one of our contract specialists in order to go through and sign the contract. Remember that the terms of the purchase and sale agreement are non-negotiable.

The earnest money deposit is due within twenty four (24) hours of being declared the winning buyer for each asset.

Closing of the transaction will typically occur at thirty (30) days after the purchase and sale agreement has been executed, or as specifically set forth in the agreement.

All commercial property and note sales are final and purchases are made on an “as-is, where-is” basis. Should you be declared the winning buyer and fail to close the transaction, you may be considered in default and subject to liquidated damages and/or specific performance requirements.

Yes. Some assets do have financing available from our preferred lenders. Select the ‘financing available’ filter on the property search page to determine which assets have financing available, then click the link which will direct you to our financing portal and short application process. You will then be matched with one or more lenders and once qualified, you’ll receive a term sheet or letter of interest that can be applied to your proof of funds. Among many other benefits, financing from our preferred lenders will undoubtedly expand your buying power.

How to register in AuctionTree™