The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed. If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000.Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount. If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200.Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will be the leading bid. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. What is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure.Ī more comprehensive, step-by- step guide to bidding is available by clicking here. Please email our Deposits Team for further assistance.Įnter your bid amount in the Bid Amount box and be sure to agree to all the terms. We will mail your refund instead of emailing it. No problem! If you'd like a check mailed to you instead of an echeck, please let us know during or soon after a sale ends. What if I prefer/require a physical check be mailed to me? No, but it's a good idea to add to the contact list in your email so the check does not go to your spam folder. Is there anything I should do while waiting for my check? Please let our Deposit Team know and we will send you the check by PDF. Please be sure to check your spam/junk folder, but if you do not see the check, no problem. What happens if I do not see my refund email or I have trouble loading the message? You may wish to create an account, particularly if you participate in many sales, to save time and unlock additional deposit options. All recipients have the option to print their check as a "guest." There is no cost and you do not need an account with a third-party to receive your check. All non-winning bidders will be refunded by eCheck automatically upon completion of the post-tax sale audit.ĭo I need to create an account with Delux eCheck to receive my refund? With eChecks, Bid4Assets can refund bidders on the same day their check is issued, saving the average bidder five to seven days waiting for the mail to be delivered. Once printed, eChecks can be deposited like any other check: at your bank, at an ATM or using a mobile banking app.ĮChecks are quicker, safer, and more convenient than traditional paper checks. In short, it is a regular check with all the features of a traditional bank check. Bid4Assets’ deposit services team works diligently to clear deposits as quickly as possible, even late ones.Īn echeck is a check that is emailed and printed rather than being mailed. For deposits received after the deadline, no guarantees can be made for participation.Please note, certified checks/money orders may take an additional business day to process. You will be notified by email and in your message center when you are cleared to bid. Please allow up to 48 business hours to acknowledge receipt of your deposit.All non-US citizens must contact customer service for assistance. Federal regulations require first-time bidders to complete a USA Patriot Act registration, which will be automatically generated when clicking for deposit instructions.Please do NOT send more money than the required deposit or your deposit may be rejected. There is no limit to the amount that you can bid the bid deposit does not cap your bidding, it is simply a requirement to participate.Please do NOT deposit funds directly into Bid4Assets' escrow account. ACH, direct deposit, credit card, or money transfers will be rejected. Only certified check/money order or wire transfer are accepted.Regardless of which auction IDs you will be bidding on, please use the deposit ID in the instructions. This ID is unique to each sheriff auction. Only reference the deposit ID listed in the instructions.This single deposit allows you to bid on all of the auctions closing on that particular date. Only one deposit is required per auction date.Please review the following additional information on deposits.
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