Disclaimer

Disclaimer

There information contained in this website is for general purposes only.  The information is provided by Surelock Network Auctions and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for nay purpose.  Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitations, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising  out of or connection with the use of this website.

Through the website you may be able to link to  other websites which are not under the control of Surelock Network Auctions. We have no control over the nature, content and availability of those sites. The inclusion of any links not necessary imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, Surelock Network Auctions takes no responsibility for, and will not be liable for the website being temporarily unavailable due to technical issues beyond our control.

Property Sourcing

As part of Surelock Network Auction Services, we periodically email newsletters, notices of special situations, offers by affiliated firms and other things of interest and value to our clients. If you wish to receive these e-mailings, be sure to register your e-mail address at enquiries@surelocknetworkauctions.com. If you do not wish to receive these e-mailings, you may opt out on any of our emails.

While we like to verify the details of properties offered through its network, it isn’t possible to check every aspect of every property everywhere in the country. Therefore, it is very important for prospective investors to inspect properties in person whenever possible and to do their own due diligence as to the condition of the property, the features of the neighbourhood, community facilities and regional demographics before writing a purchase offer and/or entering into a contract to buy.

Also, neither Surelock Network Auctions nor its agents or affiliates can guarantee that any property will appreciate or be cash flow positive either from completion of escrow or during subsequent periods. Therefore, it is essential that investors have adequate financial reserves to cover periods of vacancy, instances of late or uncollectible rents, fix-up and maintenance costs, legal fees for evictions and related actions, and management fees. It is also essential that investors not over-leverage themselves and purchase more property than they can reasonably afford.

 

Investing is an uncertain endeavour. The future is unpredictable even to those who profess to have exceptional forecasting abilities. Therefore, price appreciation of property cannot be assured, actual rental income may vary from expected levels and many circumstances may change over time. In fact, during periodic down cycles in real estate, prices can and do fall, sometimes significantly. Nobody can guarantee that such price declines will not occur, or that if they do occur, it is only a matter of time before they return to or exceed previous price levels. The same is true for rents. Under certain market conditions, rents do tend to increase year over year. However, during periods of economic downturn or recession, rents can decrease as the number of qualified tenants declines or the number of rental properties on the market expands. There can be no assurances that if rents do fall, that they will shortly return to previous high levels. That is another reason why investors must have adequate financial resources (cash) to avoid default, foreclosure or a reduction in their life styles as they divert resources to maintaining their rental properties.

Surelock Network Auctions has an affiliation of brokers, sales agents and management companies that are independently owned and operated and are not under the management or control of the Company. While we may receive compensation in the form of referral fees, no employment or agency relationships exist between the Company and the affiliated individuals and companies referred to above. Any claims, representations or statements of fact made by brokers, agents, management companies or their representatives should be verified independently by the investor before entering into any purchase agreement.

By using any of the services offered through this website and/or by participating in the Network – sponsored events or by purchasing property through referrals from our NETWORK, investors waive any and all claims against Surelock Network Auctions, it’s presenters, speakers, agents or employees that may arise from statements, actions, representations, recommendations or warranties made by referred real estate agents, loan brokers, property managers, new home builders, sales agents or vendors. Surelock Network Auctions will rely on this waiver as a condition for referring investors to those referred to above.

In general, Surelock Network Auctions acts as a facilitator, or matchmaker, between investors, brokers and/or properties. As in relationships, a matchmaker introduces two hopefully compatible parties, but whether they live together happily ever after is up to them once the introduction is made.  Surelock Network Auctions is NOT qualified to advise on tax or legal matters so be sure to consult an appropriate professional for tax or legal advice.