Bidding Terms & Conditions of RepoAuctionHouse

Welcome to RepoAuctionHouse. By continuing to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern RepoAuctionHouse’s relationship with you in relation to this website and auction services.

The term “RepoAuctionHouse,” “us,” or “we” refers to the owner and operator of the website whose registered office is 300 N La Salle Dr, Chicago, IL 60654. The term “you” refers to the user, viewer, bidder, or participant of our website and auction services.

• 1) Binding Contract: A bid on an item is a binding contract, meaning that if you win the auction, you are legally obligated to complete the purchase and pay for the item within the specified timeframe. Failure to complete a purchase may result in account suspension, legal action, or forfeiture of deposits.
• 2) Registration Requirements: All bidders must register and create an account before participating in auctions. You must provide accurate, current, and complete information during registration and be at least 18 years old to participate.
• 3) Payment Terms: Payment is due immediately upon winning an auction unless otherwise specified. Accepted payment methods are clearly listed for each auction. Late payment fees may apply for overdue accounts, and all sales are final unless otherwise stated.
• 4) Shipping and Handling: Buyers must review shipping and handling costs before bidding. These costs are in addition to the winning bid amount and may include packaging, insurance, delivery confirmation, and special handling fees. Items must be paid for and collected within the specified timeframe or additional storage fees may apply.
• 5) Warranties and Disclaimers: All items are sold “as is” without warranty of any kind. We expressly exclude liability for any inaccuracies or errors to the fullest extent permitted by law. Your participation in auctions and purchase of items is at your own risk.
• 6) Governing Law and Jurisdiction: Your use of this website and any dispute arising out of such use is subject to the laws of the United States. Any legal disputes will be resolved in the jurisdiction of Illinois.

It’s important to review all auction details, shipping costs, and item conditions before placing any bids. RepoAuctionHouse reserves the right to reject any bid at our discretion and to modify these terms at any time. Continued use of the website after changes constitutes acceptance of the modified terms.