All items sold as is where is with all faults and with no warranties express or implied. Buyer is responsible for inspection of items prior to bidding (preview is by appointment the Friday and Saturday prior to the auction. We do our best to call and/or photograph item damage although we cannot catch everything, so it is recommended that buyers inspect items for themselves at PREVIEW. Please call us or text us at Silver Lake 903-875-9458 prior to auction day if you would like to schedule viewing of items or are entering an absentee / online bid and have a question about an item. By placing a bid, bidder signifies that they have examined the items to their satisfaction, or that they have chosen not to personally examine them. A bid is a binding contract. Non paying bidders will be reported to Hibid.
There will be a 15 per cent buyers premium added to the total of items purchased for this auction with a 5 per cent discount for cash payment. This is to help cover the cost of auction workersand other incidental expenses,
There will be Texas Sales Tax of 7.75% unless the buyer has a valid resale tax certificate on file with us or the item being sold is not subject to sales tax, such as U.S. coins and currency.
Methods of payment include cash, check, or credit card with valid ID. There is a $35 charge for returned checks. If you want to pay with your card on file with Hibid you will still need to contact us with your security code from the back of your card.
Winning bidders will be sent an email the night of or day following the auction if they win items. If you think you won but did not get an invoice, check your spam folder. Unless temporary storage arrangements are made, all items won must be paid for and picked up by noon on the Saturday following the auction close. Bidders who do not follow through with payment by noon on the following Saturday will have their bids cancelled and the items may be sold to the backup bidder or returned to consignors or storage, or reauctioned. Unless prior storage arrangements have been made, any items left at the auction by buyers past noon on the Saturday following auction close are thereby abandoned and revert to ownership of Silver Lake Auction LLC with no refund given. Storage units may be rented near the auction site if needed, subject to availability.
Pickup of items is by appointment on the Tuesday, Thursday, and Friday following the auction and on Saturday morning. Call of text 903-875-9458 for an appointment to pick up your items.
Buyers are responsible for packing and loading items and encouraged to bring their own packing materials and loading help as we have limited personnel available. Once you are declared the winner of an item you are responsible for loss or damage, therefore it is advised that you pick up your items as soon as possible after the auction close.
By placing a bid through this website or at the live auction, you are entering into a legally binding contract and agree to follow through with the payment for and pickup of the item as specified above. Bidder expressly agrees not to stop payment, dispute or contest auction transactions and agrees to payment rules and item abandonment rules above stated.
Although it is a very rare occurance, Silver Lake Auction LLC and its consignors reserve the right to remove any and all items from a sale at any time, up until the time the item is sold.
All sales are final with no returns.
Anyone who is age 18 or over may bid, however Silver Lake Auction LLC reserves the right to reject a bid from any bidder. Bidders who have negative hibid ratings or who have failed to pay or pickup items previously may have their bids cancelled or denied. Workers at the auction as well as the auctioneer himself may bid. The highest bidder acknowledged by the auctioneer shall be the purchaser. For live auctions, in the event of a dispute between bidders, or if the auctioneer doubts the validity of a bid, the auctioneer shall have sole discretion to name the successful bidder, reopen the bidding between two tie bidders, or resell the item.
Bidders are responsible for their own merchandise once they are recognized as the purchaser.
The auctioneer may at his discretion combine or divide lots during live auctions. Live floor bidders have priority over internet bids in a tie bid.
Anyone entering the auction premises for any reason does so at their own risk. Silver Lake Auction LLC shall not be responsible for accidents, nor is the auctioneer.
If you are unable to attend a live auction or are not comfortable using a computer or phone to bid, you may leave an absentee bid by calling the auctioneer at 903-875-9458 any time before auction day.
Shipping may typically be arranged on smaller items by Silver Lake Auction LLC at actual postage rates with a minumum charge of $10 for postage handling packing and insurance. For breakable items we charge 50c per foot for bubble. Silver Lake Auction LLC makes no warranty with respect to shipping items. If buyer desires insured postage they must request it when arranging shipping. Regardless, Silver Lake Auction LLC may add insurance at its discretion for higher value breakable items.
Enough red tape. Enjoy the auction!