Turning assets into cash for 26 years
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Estate of Joseph Schulte- Park Hills KY - Saturday, August 17th 3:00 PM Eastern

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INFO importantinfo2DESCRIPTION: $25 AUTHORIZATION HOLD When you register or bid on any auction, our merchant services software will place a $25 authorization hold to the card on file. This is NOT a fee or a deposit (i.e., it won't be applied toward your purchase). The hold is released by us automatically after the auction, and depending on your card issuer, may take 3-7 business days to appear as available. It's an industry-standard practice, similar to the hold placed on your card when you check into a hotel.

MAXIMUM BIDS You can enter the next required bid or a maximum bid that authorizes the software to bid on your behalf up to your designated amount. It's completely confidential: only you can see your maximum bid. Many people use this feature to place items of out-of-reach from competing bidders, and often calculate out the bidding increments so they stay on top. If someone's incremental bid is EXACTLY equal to a previously placed max bid, the max bid wins because it was time-stamped earlier, so it can be a strategic tool.

BUYER'S PREMIUM Per Auction Terms, standard 20% Buyer's Premium in Effect on all Personal Property. Therefore, if your bids total $100, your invoice total will be $120. With respect to vehicles with titles, successful buyer is responsible for tax, title fees, registration. 6% State Sales Tax in Effect on this and any auction in the Commonwealth of Kentucky. Tax is charged on the total sale price (including buyer's premium)- thus in our example, 6% sales tax on $120 is $7.20 for a grand total of $127,20.

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Turning assets into cash for 26 years.

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Worley Auctioneers
South Lebanon OH 45065

Phone: (513) 774-9182

Penny Worley
O: 513-774-9182 
C: 513-310-2596

R.E. Broker 
Keller Williams Pinnacle Group

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