Lot # : 1 - Lots 112,113,114,115, & 122 Sourwood Honey Dr

REAL ESTATE TERMS: 10% Buyers Premium will be added to final bid price for the total sales price. A 10% non-refundable deposit of the contract price will be required day of sale. The 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. This property is being sold as -is without financial contingencies or Inspection contingencies. Closing will take place on or before August 27, 2024 from closing of sale. T.A.L 5718 Online Auctions are timed events and all bidding will close at specified time. TN Real Estate & Auction, Online Auctions also have an auto extend feature. Any bid placed in the final 2 minutes of an auction, the auction ending will be automatically extended 2 minutes from the time the bid was placed. Example: if an auction scheduled to close at 2:00 receives a bid at 1:59, the close time will automatically extend 2:02. The auto extend feature remains active until no further bids are received within a 2 minute time frame. ALL PROPERTIES IN THIS SALE EXTEND IF ANY ONE OF THEM IS EXTENDED. TN Real Estate & Auction reserves the right to adjust the auto extension time period. THE FINAL SALE OF PROPERTIES USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Auction Sales Contract.