Bidding Timing

Enter your bid strategically. Making an offer too early or too late can affect your chances. Midway through an auction is often a good time to start bidding, especially for used heavy construction equipment.

Keeping Track

Recognize when to stop. If you ' ve reached your budget, indicate to the auctioneer that you ' re out. A simple head shake or signal can convey this effectively.

Be Sharp Auctions require quick decision making. Understand your interest level and budget for each item beforehand to make informed, rapid decisions.

With these practices and strategies in mind, you can become a savvy and successful bidder at construction auctions, making the most of the opportunities available while managing risks and costs effectively.

EQUIPMENT AUCTION RESOURCES

Housby: https:// housby. com / Jeff Martin Auctioneers: https:// www. jeffmartinauctioneers. com / JJ Kane: https:// www. jjkane. com / Ritchie Bros.: https:// www. rbauction. com / US Auctions: https:// www. usauctions. net /

7001 W Allison Rd, Chandler, AZ 85226

By virtue of default by AFC-AZ Leasing LLC( Individually and collectively“ Client”), under a Negotiable Promissory Note and Security Agreement( s), Security Agreement( s) Promissory Note( s), Lease Agreement( s) and related documents dated March 10, 2021, payable to Commercial Credit Group Inc.(“ CCG”), which obligation is secured by the property described below( the“ Equipment”), CCG will sell at Public Auction, to the highest bidder, AS-IS, WHERE-IS, WITHOUT ANY REPRESENTATIONS OR WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, all of its right, title and interest to the following Equipment:

( 1) 2021 Utility Compass 8.5’ X28’ Enclosed Trailer Vin 53BMTEB21MF037177

TERMS: Successful bidder must pay 25 % of purchase price at time of sale via cash, certified or acceptable bank check, with the balance payable in good funds on the next business day, unless: 1. The bidder has pre-qualified by presenting CCG with a written non-contingent, lending commitment from a source and in a form acceptable to CCG in its sole discretion, in which case we will entertain bids up to the amount of such written commitment; or 2. The bidder has obtained from CCG written credit approval in advance of the scheduled public sale.

CCG reserves the right to bid at the sale. Contact Herb Orengo at( 630) 718-4684 for additional information or to arrange an inspection of the Equipment.

www. contractorshotline. com June 28, 2024 21