PERSONAL PROPERTY AUCTIONS

Personal property may or may not be sold with a minimum bid. A 10% Buyer's Premium applies and appropriate sales tax will be collected on personal property sales.

For example: If you have the winning bid of $100, you will be charged $10 for the buyer's premium then 6.5% sales tax, bringing your total to $117.15. Due to state regulation/law, Haywood Realty & Auction Company, Inc. must collect sales tax on buyer's premiums. Sales tax only applies to personal property sales.

All successfully purchased property must be removed the day of the auction, unless special arrangements have been made with the auctioneer and former owner.

If you are unclear on any matter pertaining to the auction, please notify the auctioneer immediately for clarification.