TERMS: A 20% if bidding online or live, non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. These properties are being sold as is without contingencies financial or other so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co.
Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction.
The Auctioneer is an agent only and does not represent the buyer.
If you are the winning bidder on a property, you will receive an email at the end of the auction, from Kennedy Real Estate & Auction with instructions on how to proceed. Since there is blocking and grouping, it may temporarily say you might have won, but if the lot(s) are grouped or blocked together, then the lot(s) go with the block or group. When the bidding has reopened for said block or group, anyone may bid on the block or group.
If you have any questions, please call our office. 865-908-8611.
Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication’s, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company’s sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the Lot(s). In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.
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