Absentee
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Date(s)
10/15/2024 - 11/1/2024
Bidding Notice:

PLEASE READ TERMS AND CONDITIONS BEFORE BIDDING. Prebidding will be available now through Friday, November 1st, 2024. Closing at 12pm CST. Live Auction will begin Saturday, November 2nd, 2024 at 9AM CST on location at 422 Buffalo Bottom Rd. Linden, TN 37096

Auction Notice:

Please read Terms and Conditions regarding Absentee bid submissions


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 7.51 ac - 422 Buffalo Bottom Rd, Linden, TN
Description
422 Buffalo Bottom Rd, Linden, TN Lot 10-11 Riverbend Subdivision 7.51 acres Map: 093 Parcel: 027.00/028.00
Name John W. Wilkin Estate Auction-Absentee/PreBidding Only
Auctioneer
Type Internet Absentee Bidding
Date(s) 10/15/2024 - 11/1/2024
Auction Date/Time Info
Absentee Bidding: October 15-November 1, 2024 12PM (Noon) CST Live Auction: Saturday, November 2, 2024 at 9AM CST
Preview Date/Time Friday, October 25, 2024 from 1-5 pm CST
Checkout Date/Time Live Auction: Saturday, November 2, 2024 at 9AM CST
Location
Buyer Premium No Buyers' Premium
Description
Estate Sale: The Late John W. Wilkin Date: November 2, 2024 Starting at 9:00 am CST Location: 422 Buffalo Bottom Rd, Linden, TN Inspection Day: Friday, October 25th from 1-5 pm Join us for an exclusive estate auction featuring the stunning riverfront home of the late John W. Wilkin. This exceptional property offers: 7.051 Acres of scenic beauty along the Buffalo River. A 3 Bedroom, 3 Bathroom home with breathtaking views. Elevator access to all floors for your convenience. Basement Garage and Detached Garage for ample storage. A part of the Riverbend Subdivision with Community Boat Ramp access for endless river adventures Absentee Bidding is being offered for the real estate in this auction.
Absentee Bidding is being offered for this auction. How it works....After registration is completed and bidding permissions are granted, you may place your bid online before end of the absentee bid time frame. Pre-bid dates are October 15th, 2024 thru 12:00 noon on November 1st, 2024 CST. The Live onsite auction begins at 9:00 am CST on November 2nd, 2024. We will be selling the personal property and real estate LIVE onsite at 422 Buffalo Bottom Rd. Linden, TN Any absentee bids received before the live sale will be added to the in-person bidding. If the absentee bidder is the highest bid, then they will be the winning bidder. If the onsite bid is greater than the absentee bid, then the onsite bidder is the winning bidder. Any successful absentee bid/pre-bid will be notified after the sale concludes and the auction company can contact the winning bidder. Absentee bidding/pre-bidding will close online at 12:00 noon CST on Friday, November 1st at 12PM (Noon) CST. To be an absentee bidder on the real estate, you will need to contact the auction company and provide one of the following: proof of funds, a bank letter, or deposit of $10,000.00 dollars into the auction company's escrow account. If the absentee bidder is the winning bidder, that earnest money will count toward your 10% day of sale deposit and final purchase. Earnest monies must be deposited no later than next business day, Monday, October 28, 2024, if not already done so. If you are not the winning bidder the money will be refunded. Order of Sale: The real estate 422 Buffalo Bottom Rd, Linden, TN Lots. 10 & 11 will be sold as one 7.051 acre tract. For any questions contact the auction company. Sale Terms: " Real Estate: 10% down day of sale, balance due at closing within 30 days or two weeks of court approval. No financial contingencies. Being sold "As-Is." Property is subject to River Bend Subdivision Covenants. " Personal Property: Cash or Good check on day of sale. Notice: " Announcements: All made the day of sale take precedence over any made prior, printed or on the internet.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium No Buyers' Premium
Payment Terms
To be an absentee bidder for the real estate, prior approval is required. Bidding approval will be granted by submitting ONE of the following: Proof of Funds, a Bank Letter, or a deposit in the sum of $ 10,000.00 (Ten thousand dollars) into the escrow account of United Country Richardson Real Estate & Auction, Inc., Linden, TN. Please contact our office at United Country Richardson Real Estate & Auction, Inc at (931) 589-2455 for submission instructions. If you, the absentee bidder, are the winning bidder and have made a submission by escrow deposit, that deposit of earnest money will count toward your 10% earnest deposit of winning bid amount and real estate purchase. If the winning bidder submitted other forms of proof, the 10% earnest monies of winning bid amount must be deposited no later than next business day after live auction, Monday, October 28, 2024, if not already done so. If you are not the winning bidder and submitted a deposit, your full deposit will be refunded. Sale Terms: " Real Estate: 10% down day of sale, balance due at closing within 30 days or two weeks of court approval. No financial contingencies. Being sold "As-Is." " Personal Property: Cash or Good check on day of sale. Notice: " Announcements: All made the day of sale take precedence over any made prior, printed or on the internet.
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