Type of Sale: Court Ordered Auction Docket # 024-CH-13 in Grainger County. Location of Sale: Online Only NO BUYERS PREMIUM: There will not be Buyers Premium charged to the Buyer at closing. The Chancery Court, Probate Division, Grainger County, TN has commissioned Jackson Real Estate & Auction to sell ONLINE ONLY, 3745 Hwy 131, Washburn, TN. Tax Map 029 Parcel 039.00. It is the Buyer's responsibility to measure and inspect to their satisfaction prior to bidding. There shall be no warranty or guarantee of any kind expressed or implied. Transfer of Property: Property to be transferred by Clerk & Masters Deed, Vickie Greenlee, Grainger County Clerk & Master. Deposit: The successful bidder will make a 10% deposit directly to the Grainger County Clerk & Master's office located at 270 Justice Center Drive, Rutledge, TN 37861. 865-828-4436 - Vickie Greenlee, Clerk & Master no later than October 30, 2024, by 11 am EST. The 10% deposit is nonrefundable unless the Buyers bid is rejected by the court in which case the Buyer will be refunded the deposit. The earnest money must be paid by CASHIERS CHECK in US dollars. The balance is to be paid in full at closing. Participation Requirements: Valid Credit Card required to participate online. Jackson Real Estate and Auction may at any time require the bidder to produce a bank letter or proof of funds document as part of the auction process and to verify that funds are readily available to close this transaction. Closing Location: The Buyer will close with the Grainger County Clerk & Master's office located at 270 Justice Center Drive, Rutledge, TN 37861. 865-828-4436 - Vickie Greenlee, Clerk & Master. Currency Type: USD Real Estate Terms: Jackson Real Estate & Auction will email the winning bidder a contract following the closing of the auction. The successful bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding. By bidding you are entering into a binding agreement. Property to be transferred by a Clerk & Masters Deed. The Buyer is responsible for the cost of their title opinion, title insurance & recording fees. Closing to occur approximately 30 days following the sale and is subject to court approval. The Buyer agrees to an automatic extension of the closing date should the court dates need to be modified or extended for any reason or no reason per the court. The purchase of this property will not be contingent upon any survey, financing, inspections, or any other contingencies of any kind or nature. The Buyers are responsible for all property taxes, both current and past and assumes any and all property taxes from any previous years as well as the current taxes. Jackson Real Estate & Auction and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). This property is sold "AS IS, WHERE IS and WITH ALL FAULTS" that may or may not exist. This property is sold without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on the bidder's behalf. All measurements, acreage amounts, square footage & age descriptions are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed. It is the Buyers' responsibility to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption will be part of the sales contract. Jackson Real Estate & Auction and the Clerk and Masters Office reserves the right to withdraw this property from the auction without notice. Jackson Real Estate & Auction will not be liable for any computer, internet, or website malfunctions. Bidding will continue until all bidding has ceased. Time clock is managed by the computer. ALL BIDDERS MUST REGISTER TO BID AT THIS AUCTION. There are NO CONTINGENCIES of any kind granted to the Bidder / Buyer of this property. All Bidders / Buyers are stating by bidding that they have the necessary funds to close this transaction and that they have performed all of their due diligence regarding this purchase and are satisfied with this property. NO NEW SURVEY IS BEING PROVIDED AND THE CURRENT RECORDED DEED IS BEING TRANSFERRED TO THE BUYER(S). The Auctioneer reserves the right to amend, change or update these terms and conditions at any time without notice. Bidders should check back often to see if any changes, amendments, or updates have been made. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Confirmation of Agency: Jackson Real Estate & Auction, Mark Jackson, Broker / Auctioneer, are acting as agents of the Seller. Thank you in advance. Jackson Real Estate & Auction