WEBVTT
Kind: captions
Language: en

NOTE
DRAFT CAPTIONS — In-Person Auction Example
Source: https://coslstorage.blob.core.windows.net/web-resources/Public Auction.mp4

00:00.000 --> 00:15.900
[Music]

00:15.900 --> 00:20.500
[Music]

00:21.500 --> 00:27.500
[Music]

00:40.500 --> 00:44.500
[Music]

00:44.500 --> 00:48.500
What? These are the properties we're going to be offering tonight.

00:49.500 --> 00:55.500
Okay, so what we do today will be auctioned.

00:55.500 --> 01:00.500
I'm going to start bearing one at a time.

01:00.500 --> 01:03.500
I'm good at hard use.

01:08.500 --> 01:13.500
Folks, I'd like to welcome you to be Crawford, Franklin, Logan, Scott, and Sebastian

01:13.500 --> 01:18.500
County Commission for the Commissioner of State Lands Office.

01:18.500 --> 01:23.500
Please take out your phone if you hadn't already and make sure it's on silent or

01:23.500 --> 01:28.500
vibrate that was tremendously.

01:28.500 --> 01:33.500
As you figured out, we're going to do several counties today.

01:33.500 --> 01:40.500
We're going to start out with Crawford and I will announce the next county when we get to it.

01:41.500 --> 01:45.500
I'm going to go ahead and read our rules and regulations of the sale.

01:45.500 --> 01:50.500
If you have any questions for those after I'm done,

01:50.500 --> 01:56.500
this sale is being held to the provisions of Act 66 of 1983 as amended.

01:56.500 --> 02:00.500
All bidders must register and receive a numbered bidder card.

02:00.500 --> 02:05.500
Partials will be offered in sale number order and sold to the highest bidder.

02:06.500 --> 02:13.500
The minimum bid is listed in the catalog and equal to the amount of delinquent taxes, interest, penalties, and collection costs to do.

02:13.500 --> 02:20.500
Bids between $1 and $500 must be made in increments of $50 or more.

02:20.500 --> 02:26.500
Bids between $500 and $5,000 must be made in increments of $100 or more.

02:26.500 --> 02:33.500
Bids between $5,000 and $10,000 must be made in increments of $500 or more.

02:33.500 --> 02:38.500
Bids over $10,000 must be made in increments of $1,000 or more.

02:38.500 --> 02:45.500
All successful bidders will be required to pay the full purchase price today immediately following the auction.

02:45.500 --> 02:53.500
Payment can be made with a personal check, business check, cashier's check, money order, or credit card, debit card.

02:53.500 --> 03:00.500
Please be advised that there is a 4% processing fee for payments made with a credit or debit card.

03:01.500 --> 03:06.500
No cash payments will be accepted. That's a change for this year.

03:06.500 --> 03:10.500
Again, no cash payments will be accepted.

03:10.500 --> 03:15.500
Additional time cannot be granted to purchasers to secure funds.

03:15.500 --> 03:18.500
Please have your payment ready at the conclusion of the sale.

03:18.500 --> 03:24.500
Payments made with an insufficient check or other non-negotiable instrument shall void the sale.

03:24.500 --> 03:30.500
After the payment is cleared the bank, a limited warranty deed will be issued to the purchaser.

03:30.500 --> 03:34.500
Research the property intended to purchase prior to the sale.

03:34.500 --> 03:38.500
The Commissioner of State Lands does not guarantee the usability.

03:38.500 --> 03:42.500
Access or existence of the lands offered for sale.

03:42.500 --> 03:45.500
Additionally, the Commissioner of State Lands cannot guarantee a title.

03:45.500 --> 03:50.500
Lanes and Converences may be the responsibility of the purchaser.

03:50.500 --> 03:52.500
The sale will go like this.

03:52.500 --> 03:56.500
I will announce the sale number in its minimum bid and ask for bids.

03:56.500 --> 03:58.500
I will repeat your bid.

03:58.500 --> 04:00.500
Make sure the repeated bid is correct.

04:00.500 --> 04:06.500
When bidding is ceased, I will say going once, going twice and sold a bid or X for X amount of dollars.

04:06.500 --> 04:11.500
If there's no bid, I'll simply say no bid and we'll move on to the next parcel.

04:11.500 --> 04:15.500
The three most important requirements are number one.

04:15.500 --> 04:19.500
You must be registered a bid before placing a bid.

04:19.500 --> 04:26.500
Number two, payment made with a personal check, business check, cashiers check, money order or credit debit card.

04:26.500 --> 04:29.500
No cash payments will be accepted.

04:29.500 --> 04:32.500
Finally, your bid is a legal and binding contract to purchase.

04:32.500 --> 04:35.500
So be sure of what you're bidding on before placing a bid.

04:35.500 --> 04:43.500
Any parcel that does not sell the auction will be available purchase 30 days from today through our online auction system.

04:43.500 --> 04:46.500
List of these parcels can be found on our website.

04:46.500 --> 04:51.500
Additional information can be found on our website or by contacting our office.

04:51.500 --> 04:53.500
Are there any questions?

04:53.500 --> 04:56.500
All right, let's get this thing started.

04:56.500 --> 04:59.500
Folks, there's a lot of you in here.

04:59.500 --> 05:02.500
Don't be bashful, yell at me.

05:02.500 --> 05:05.500
Put your card as high in the air as you can.

05:05.500 --> 05:07.500
I do not want to miss anybody.

05:07.500 --> 05:12.500
Do not wait until the last second to bid because I don't want to burn you.

05:13.500 --> 05:17.500
Sell number seven, minimum bid, $2,789 even.

05:17.500 --> 05:20.500
Do I have any bids?

05:20.500 --> 05:22.500
Sell number seven?

05:22.500 --> 05:26.500
Sell number seven, minimum bid, $2,789.

05:26.500 --> 05:28.500
No bid.

05:28.500 --> 05:29.500
Three thousand.

05:29.500 --> 05:30.500
Two eight.

05:30.500 --> 05:33.500
Sell number eight, minimum bid, $719.90.

05:33.500 --> 05:34.500
So I have any bids.

05:34.500 --> 05:35.500
I've got that up front.

05:35.500 --> 05:37.500
Folks want to sell eight.

05:37.500 --> 05:40.500
I've got $719 on some change.

05:40.500 --> 05:42.500
Going once, sir.

05:42.500 --> 05:44.500
Shout them out.

05:44.500 --> 05:45.500
Sorry?

05:45.500 --> 05:46.500
$1,000.

05:46.500 --> 05:47.500
Got $1,000?

05:47.500 --> 05:49.500
$1,500?

05:49.500 --> 05:51.500
$2,000 on the side.

05:51.500 --> 05:52.500
Yes ma'am.

05:52.500 --> 05:53.500
$2,100.

05:53.500 --> 05:54.500
$2,200.

05:54.500 --> 05:55.500
Where?

05:55.500 --> 05:56.500
$2500?

05:56.500 --> 05:57.500
$2500.

05:57.500 --> 05:58.500
$2600.

05:58.500 --> 05:59.500
Over here.

05:59.500 --> 06:00.500
$2600.

06:00.500 --> 06:01.500
Over on the wall.

06:01.500 --> 06:02.500
$2,600.

06:02.500 --> 06:04.500
$2700 right here.

06:04.500 --> 06:06.500
$2800.

06:06.500 --> 06:08.500
$3,000.

06:08.500 --> 06:10.500
$3100.

06:10.500 --> 06:12.500
$3100.

06:12.500 --> 06:14.500
Sir.

06:14.500 --> 06:16.500
$3200.

06:16.500 --> 06:18.500
$3200.

06:18.500 --> 06:20.500
Got $3200 to my extreme left.

06:20.500 --> 06:21.500
$3200.

06:21.500 --> 06:23.500
$3300 right here.

06:23.500 --> 06:24.500
$3300.

06:24.500 --> 06:26.500
$3300.

06:26.500 --> 06:27.500
$4,000.

06:27.500 --> 06:28.500
$4,000.

06:28.500 --> 06:29.500
$4,000.

06:29.500 --> 06:30.500
Got $4,000.

06:30.500 --> 06:32.500
We're on sale number eight.

06:32.500 --> 06:34.500
$4,000.

06:34.500 --> 06:36.500
$4,000.

06:36.500 --> 06:37.500
$4100.

06:37.500 --> 06:39.500
$3100.

06:39.500 --> 06:41.500
Give me a bid number.

06:41.500 --> 06:43.500
I'm at $4100.

06:43.500 --> 06:45.500
$4200.

06:45.500 --> 06:47.500
What do you wish to bid, sir?

06:47.500 --> 06:49.500
Yes, sir.

06:49.500 --> 06:51.500
$4,200.

06:51.500 --> 06:53.500
$4,500.

06:53.500 --> 06:55.500
$4,500.

06:55.500 --> 06:57.500
$4,500.

06:57.500 --> 06:59.500
$5,000.

06:59.500 --> 07:00.500
$5,000.

07:00.500 --> 07:01.500
I've got $5,000.

07:01.500 --> 07:03.500
Got to go about $500 now.

07:03.500 --> 07:04.500
$5,500

07:04.500 --> 07:05.500
Yes, sir?

07:05.500 --> 07:06.500
$5500.

07:06.500 --> 07:08.500
$6,000.

07:08.500 --> 07:10.500
$6500.

07:10.500 --> 07:12.500
$7000.

07:12.500 --> 07:14.500
$7,000.

07:14.500 --> 07:16.500
$7500.

07:16.500 --> 07:18.500
$7500.

07:18.500 --> 07:20.500
$7500.

07:20.500 --> 07:22.500
$7500.

07:22.500 --> 07:24.500
Going once.

07:24.500 --> 07:25.500
Going twice.

07:25.500 --> 07:27.500
Sold to bid number...

07:27.500 --> 07:28.500
155

07:28.500 --> 07:30.500
155 for $7500

07:32.500 --> 08:34.900
[Music]