Bidding Notice:

10% Buyer's Premium Added to Bid.

Auction Notice:

Selling Absolute - 10% w/Buyer's Premium

Auction Information
Name Absolute Estate Auction Nashville
Auctioneer
Type Live Webcast Auction
Date(s) 7/13/2024 - 8/2/2024
Auction Date/Time Info
August 1st, 2024 4 PM
Preview Date/Time August 1st at 3 PM
Location
Buyer Premium 10% Added to the Winning Bid
Description
*NASHVILLE ABSOLUTE ESTATE AUCTION* Calling all Investors /Flippers! Home sells to the highest bidder! Bring your tool box and your vision. This home is located in the highly desirable Cleveland Park neighborhood. It has potential for rehab or start over again with a new home like so many others in the area have done. Lots of nice rebuilds/flipped homes in the area. You have easy access to: The Pharmacy, Five Points, Downtown Nashville, Nissan Stadium, not to mention Public transportation. Property is zoned SP/RS-5. This zoning could allow for a single family home in addition to a DADU. There is frontage on North 5th as well as a public access in the rear of the lot. Join the others that are taking advantage of the opportunity to name your price on an East Nashville project with so many exciting things happening in Nashville. 10% buyer's premium added to the winning bid to determine contract price. Selling As Is with no contingencies. Lead Base Paint: Homes built prior to 1978 may contain lead base paint. Buyers will be signing a waiver at closing waiving the lead base paint inspection if not inspected.
Buyer's Premium: 10% will be added to winning bid price to determine final selling/contract price. 10% down payment the day of the auction, closing shall be within 30 days. Contact Auctioneer for additional conditions for the sale. Realtors: There is a 1% Broker Participation Fee paid to the broker representing the winning bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100,000.00 5,000.00 USD
100,000.01 - 110,000.00 2,500.00 USD
110,000.01 - 120,000.00 1,500.00 USD
120,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Added to the Winning Bid
Payment Terms
10% Down Due by 10 AM Central Time next Business Day, with closing no later than September 3rd, 2024
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