Plumbing Building Supplies Auctions in CHICAGO - Live and Online Sales

Schoolhouse Auctions license AU31400022 Patrick Marley license AU19700063 Jamie Mehrings license AU12300029 IMPORTANT INFORMATION If you cannot pickup on the designated pickup day or if you require shipping, please call to make arrangements. Items remaining on the premises after pickup day will be forfeited IF no arrangements are communicated to us. ***UPDATED PICK-UP TERMS*** 1. Winning items MUST BE PAID either online or in person NO LATER THAN 9 AM WEDNESDAY following the auction. 2. If items are NOT PAID by Wed. 9 AM, your card on file will be charged WITH AN ADDITIONAL 3% CONVENIENCE FEE for having to manually run cards. 3. If payment is DECLINED, your items will be resold in the next week's auction. Please read ALL TERMS before bidding. 1. Thank you for bidding!!! 2. You can pay cash, card, or check with Indiana ID on pick up day. You can also pay online. Go to our website and click payment/shipping tab; then click pay invoice. PO # is your bid number or invoice number located at top of invoice. Please make arrangements and pay your bill online on our website. If you have not paid bill online by Wednesday at 9 AM, we will run card with a 3% convenience fee for running cards manually. 3. Pick up is Tuesday 10am-6pm. If you need after 6pm, please call and set up appt. **It is IMPORTANT that you pick up ON TUESDAY as space is limited.** If you need another time please call asap and set up appt. 4. We do offer shipping, but please use your best judgement. We are NOT responsible for broken items in mail. ANY SPECIAL SHIPPING REQUESTS/NEEDS WILL BE SENT TO A 3rd PARTY - YOU WILL BE RESPONSIBLE ANY CHARGES/HANDLING THROUGH THAT SHIPPER. If payment for items or shipping is declined we will email. If we do not hear from you by Friday, we will resell items. 5. Picking up on time is a HUGE ISSUE. Please please pick up on Tuesday or make arrangements. If you do not pick up items during pickup times or do not make arrangements, you will be charged, and items will be resold in a later auction. 6. We do offer previews Fridays 10am-6pm IF you would like preview another time, give us a call to set up appt. 574-965-2544 7. Please check our terms before you bid. 8. We do charge 12% buyers premium to ensure future auctions.You must have a valid driver license and be 18 years old to bid. Please call with any questions. Thank you so much for bidding! We have lots more Auctions in the works. So be sure and watch our website and Facebook page for UPDATES. REGISTRATION & IDENTIFICATION: At the time of registration, we collect information about you to verify who you are before you can bid. We collect credit card information to ensure that you are a qualified buyer. All bidders must be of legal age to bid. BUYER PREMIUM: We charge a 12% buyers premium on all online auctions. This is to ensure we can have future Auctons. PAYING FOR YOUR PURCHASES: There is no cost to register for an auction (Up to $1 may be charged to validate your card by Auctionflex when you register). Your credit card will not be charged unless you win. When an auction closes, if you are the winner, you must contact us within 24 hours to arrange a different form of payment. Otherwise, the card that you used to register will be charged the full amount due. If you do not pick up during the alotted time, you will be charged storage fees as stated in the terms of auction. If your purchases exceed your credit card limit, your card will be charged a deposit up to its maximum with the balance due in 24 hours from auction close either in person at our facility or by wire transfer. REVIEWING YOUR BIDS: During an auction you can check the status of your bids at anytime. Note that no bids can be withdrawn after the auction for any reason. All items are sold as is, where is, with all faults with no guarantees that any item is fit for a particular use. We strongly recommend attending the previews if available on any and all auctions. All bids are legally binding and enforceable in the USA WINNING NOTIFICATION & INVOICING: All winning bidders will receive an e-mail invoice within 24 hours of the auction closing. PICKUPS & REMOVALS: Items will be picked up ONLY on TUESDAY 10am-6pm. Do not bid if you are unable to pick up your items during these times! Any item not picked up during the posted pickup times will be considered an abandoned item. Items are sold as is, where is, with all faults. If you abandon an item, your credit card will be charged for the full purchase price of the item plus the cost to remove, transport and dispose the item. CONDITIONS OF ITEMS SOLD & OUR ONLINE CATALOGUE: Our best efforts are made to represent all items accurately in descriptions and photographs; however, all items are ultimately sold on an 'as is, where is' basis, with all faults. We strongly encourage all bidders to personally verify the condition of each item during the scheduled preview times. No responsibility is assumed by Schoolhouse Auctions or the seller for any errors or omissions. Prices referenced are MSRP (Manufacturers Suggested Retail prices) and can be discounted significantly on the open market so do your own due diligence in researching values. Jewelry Appraisals are provided to us by the consignors and when provided are always insurance value appraisals which are usually much higher than retail values. CLAIMS: No claims regarding goods purchased will be allowed. Bidders are reminded that all goods are sold on an 'as is, where is' basis PERSONAL & PROPERTY RISKS: We will not be liable for damage or injury to individuals or their property. ADDITIONS & DELETIONS: We reserve the right to remove and/or add lots and/or items to the sale at any point during the auction. AUCTION RECORDS: In the unlikely event of a dispute, you agree to accept as true the information that we have in our records. SOFT CLOSE: Items close at regular intervals. To prevent a bidder from 'sniping', all bids made in the last minute of the auction will force an item to stay open for an additional 2 minutes. This will continue until all bidding has ceased. STRATEGY: Bidding is similar to Ebay type auctions, we recommend that ALL BIDDERS put in their maximum bid when placing a bid online. This does not mean you will have to pay the amount you bid; you only pay one bid more than the next highest bid, and only up to your maximum bid. The software system will play out the bids as you would at a live auction and only uses the funds required to beat out the under-bidder at the prescribed bid increment. CATALOGUE ERRORS & OMISSIONS: If a description does not match a picture in a lot, the description takes precedence. All items are sold on an 'as is, where is' basis, with all faults. In the event an item was listed in error or an item can't be located during pick up for any reason, the bidder agrees that their maximum recourse is a full refund of the item in question and that all other items bid on remain binding. LIMITATION OF LIABILITY You expressly understand and agree that Schoolhouse Auctions and it's Consignors shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses resulting from: (i) the use or the inability to use the service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the service; (iii) unauthorized access to or alteration of your transmissions or data; (iv) statements or conduct of any third party on the service; or (v) any other matter relating to the service. By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to all of these terms. SHIPPING POLICY: we do offer shipping. but please use best judgment. If not sure please call first. Shipping amy take a couple weeks as we are a small business. If payment is declined. we will email. If we do not hear from you by next auction. We will resell items. All Shipping has to be Pre-approved before any bidding. We charge $8 for handling. It is non-negotiable. All fragile items will be insured and claim will have to be processed thru carrier. ANY SPECIAL SHIPPING REQUEST, Large or akward items, or super fragile expensive items WILL NEED TO BE SENT TO A 3rd PARTY - YOU WILL BE RESPONSIBLE ANY CHARGES/HANDLING THROUGH THAT SHIPPER. We are not responsible for breakage of fragile items when shipping. All shipping expenses plus handling fees will be paid by the buyer. For items to be shipped, we will charge for your items won on our online auction. Then we will contact you with shipping info and amounts at a later date. Shipping may take a couple weeks.

Online Only Public Auction Bidding to close: October 31st @ 6pm EST Auction Preview: October 30th 12pm-5pm EST Auction Pick-up: November 1st 10am-5pm EST "Shipping Available" as indicated by lot Located at 1325 West North St Bremen, IN. 1000+ Lots of Industrial Supplies and Tools Owner: Arndtco LLC Terms: Credit card on file will be run for payment. 15.4% buyer's premium. 7% Indiana sales tax on all lots retrieved from our facility. Items shipped from our location may require us to collect sales tax based on the state to which items are being shipped. Sales tax will be determined at time of shipping. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up. Kraft Auction Service, LLC. - AC30900120 Col. Conrad Kraft- AU01023657 Jonathan Kraft – AU10500173 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com