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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Doubled up denominations... Posted by Ward-CA- on February 27, 2004 at 11:26 PM In Reply to: Re: Have to cover your winning bid 100%... posted by Jerry on February 26, 2004 at 8:30 PM : You could also bring several C.checks in different amounts, : I.E. your willing to bid 200K bring a 100K cc, a 50K cc, : a 25K cc and 2 10K plus 1 5K... you could then make change : to a point where your over would be minimum and not tie up : desperatly needed cash. ======================== Jerry, On the subject of what denominations of Cashier’s Checks (CC) to bring... I’ve discovered that a doubled-up denomination works best. So in the case where you know that the opening bid is $150,000 you might as well bring an initial check for $150,000 and then: One CC for 1,000, and another for 2,000, and another for 4,000, and another for 8,000, and another for 16,000, and and finally, another for 32,000 With this combination you could cover any combination, in thousand dollar increments, from $150,000 up to $213,000 dollars. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : You could also bring several C.checks in different amounts, : : I.E. your willing to bid 200K bring a 100K cc, a 50K cc, : : a 25K cc and 2 10K plus 1 5K... you could then make change : : to a point where your over would be minimum and not tie up : : desperatly needed cash. : ======================== : Jerry, : On the subject of what denominations of Cashier’s Checks (CC) to bring... I’ve discovered that a doubled-up denomination works best. So in the case where you know that the opening bid is $150,000 you might as well bring an initial check for $150,000 and then: : One CC for 1,000, and : another for 2,000, and : another for 4,000, and : another for 8,000, and : another for 16,000, and : and finally, another for 32,000 : With this combination you could cover any combination, in thousand dollar increments, from $150,000 up to $213,000 dollars. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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