Cash! %Ten down as earnest money and as part of the purchase price in cash or check AT THE SALE or electronically - BE SURE TO BRING YOUR CHECKBOOK THE DAY OF THE SALE - the balance will be paid at the closing in thirty days or as determined by the closing agent. The non-refundable earnest money must be deposited in escrow within three business days, and in case of breach of contract will serve as liquidated damages.
A 10% BUYER'S PREMIUM will be added to the high bid to determine the final contract amount! This is an Industry Standard and offers benefits to both buyer and seller.
RESERVE: The seller reserves the right or accept or reject the bid. If a reserve figure, subject to change, is established by the seller, the property will sell at Absolute Auction, meaning that no bid at, or above. the reserve amount will be rejected. Check back frequently for updates!
ADDITIONALLY, the buyer must provide a VERIFIABLE LETTER OF CREDIT from a reputable financial institution covering the final contract amount either immediately after the Sale or within three business days.
ONLINE BIDDERS will be able to sign electronically at the time of the Sale, and special, convenient, arrangements are in place for the binding payment of the earnest money.
SPECIAL NOTICE TO ONLINE BIDDERS: In the event of a technological failure or lack of electronic communication at the time of the Online Auction, and the bidder cannot attend in person, then the bidder should contact the Auctioneer, and place their maximum bid to be incrementally applied but not surpassed.
The Auction Agent is not responsible for any failure of any bid not received due to any technical, Internet failure, or lack of notice at the announced time of the Sale. All bidders are strongly encouraged to personally attend, inspect the property being sold, and bid in person.
A 1% commission is being offered to Buyer's Agents who pre-registers their bidders with a TAR Buyer's Agency agreement signed by their buyer by 12 PM CT the day the day of the Auction. NO EXCEPTIONS!
All the information provided is based upon the available public records or unverified third-party information. There are no guarantees or warranties expressed or implied. It is the bidder's responsibility to fully research all characteristics of the property being sold at their expense to their entire satisfaction and use, PRIOR to bidding, OR BID WAIVING INSPECTION. This property is being sold "as is" with no guarantees, or warranties expressed, implied, concerning the condition of the property, subject to financing, or any contingencies other than announced.
THE SELLER WILL PAY FOR: the warranty deed, insured title, closing statement and their pro-rata part of the past and current taxes.
THE BUYER WILL PAY FOR: recording the warranty deed, any costs the Buyer incurs in their own financing and their pro-rata part of the current taxes.
TOTAL CURRENT REAL ESTATE TAXES PER YEAR: $3,919.96
ZONING: residential
WATER: Public
SEWER: Septic - two step tank system
ELECTRIC: Public
CABLE: Dish
SCHOOLS: Richland Elementary School, Richland Middle School, and Giles County High School
POSSESSION: Negotiable
SUBJECT TO restrictions, easements, and/or any other limitations of record.
THE BUYER is responsible for obtaining their own permits for improvements whatsoever.
ALL INFORMATION IS APPROXIMATE BASED ON CURRENT TAX RECORDS, OR THIRD-PARTY INFORMATION, AND NOT GUARANTEED OR WARRANTED. This property is selling strictly 'AS - IS' with no guarantees, or warranties expressed, or implied. IT IS THE BIDDER'S RESPONSIBILITY to fully inspect all the facts and characteristics of the property to their full, complete satisfaction and use PRIOR to bidding - or bid waiving the right of inspection. The property is selling "as-is" without contingencies of any kind for a fast sale for the sellers!
For questions concerning the Auction Sale, contact:
Frank F. Baugh, REALTOR, Online Sale Specialist, and Auctioneer, #2435, ADARO Realty, 1187 Old Hickory Blvd. Suite 125, Brentwood, TN 37027 Direct, (615) 347-4705, frank@ffbaugh.com, website: ffbaugh.com.
For listing information and pre-sale offers, contact: Annette Dantignac, REALTOR, (615) 210-8880, ADARO Realty, 1187 Old Hickory Blvd. Suite 125, Brentwood, TN 37027