Name HOME & 2.5 AC
Auctioneer Ken Byrd Realty & Auction, Inc.
Type Online-Only Auction
Date(s) 11/17/2016 - 12/1/2016
Starts: Thurs NOV 17th 10:00 AM - Ends: Thurs DEC 1st 4:00 PM
Preview Date/Time Open House Monday Nov 21, 4-6pm
Checkout Date/Time Your deposit must be made by end of day on Friday December 2nd, 2016 by personal check, cashiers check, or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 252-1907.
Location 3445 Red Hill Rd
Byrdstown, TN 38549
Buyer Premium Ten percent Buyer's Premium
Description
ONLINE AUCTION Starts: Thurs NOV 17th 10:00 AM - Ends: Thurs DEC 1st 4:00 PM Home & 2.5+/- Ac Located at: 3445 Red Hill Rd Byrdstown, TN 38549 Open House Monday Nov 21, 4-6pm A 3 bedroom 1 bathroom home offering 1,300+ sqft of living area with an open floor plan. It boasts a wrap around porch and good view. This home is situated on over 2 acres just off Hwy 111. The property is also improved with a barn and store building. Both are excellent for storage. Terms: This is an internet only auction where all bidding takes place online. 15% Deposit at the conclusion of the auction, with the balance due on/before 30 days.10% Buyers Premium applies to determine the final sales price. Seller to pay 2016 property taxes and will provide a warranty deed. Buyer is responsible for the closing fee and any requested title search. Buyer shall designate their closing agent. All property sells "As Is, Where Is" both surface and subsurface having invited bidders to inspect the property prior to bidding, no warranties guaranteed or implied. Contact Agents for additional information or to view the property. ANNOUNCEMENTS DAY OF SALE SUPERSEDE ADVERTISING.
**Extending Bidding does apply** *If you are outbid during the last seconds of the auction you will be given 5 minutes to make another bid. **Auction being conducted per confirmation of the seller.** 1.) 10% buyers premium applies to final bid to establish sale price. 2.) Winning bidder to place 15% deposit at end of auction, winning bidder will be notified at the conclusion and required to sign a purchase contract, balance with deed on/before 30 days. 3.) Property selling "as is, where is" both surface and subsurface, having invited buyers to inspect the property prior to bidding, no warranties guaranteed or implied. 4.) Information obtained herein from sources deemed to be reliable, however accuracy not guaranteed. 5.) Person or persons relying on this information are invited to inspect any and all property prior to bidding. Contact agents for additional sale information. 6.) Buyers should complete their own due diligence prior to the sale. 7.) Seller to deliver and pay for general warranty deed. Seller to pay 2016 property taxes and provide a warranty deed. Buyer is responsible for the closing fee. 8.) Opinion of title to be paid for by the purchaser. 9.) Should the title to said property be defective the purchaser herein shall extend to the seller 90 days in which to clarify same at the cost of the seller. 10.) If purchaser fails to close the deposit is forfeited as partial liquidated damages for the purchaser's breech of contract. 11.) Purchaser acknowlegdes that the forfeiture is only partial damages and the seller may have other accumulative legal and equitable remedies as to the laws of Tennessee may provide. 12.) Possession with deed. 13.) An unencumbered marketable title to said property is to be conveyed by the deed of General Warranty, with the usual convenants and merchantable title to said property except easements recorded and unrecorded and all restrictions as to use and improvements of the property of record and any restrictions imposed by local Planning & Zoning Commission. 14.) You will be required at the close of the sale to sign our standard purchase contract which will be forwarded to you via email or fax. 15.) The contract price is the final bid plus the 10% buyers premium. 16.) Your deposit must be made by end of day on Friday December 2nd, 2016 by personal check, cashiers check, or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 252-1907.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20,000.00 5,000.00 USD
20,000.01 - 32,500.00 2,500.00 USD
32,500.01 - 49,000.00 1,000.00 USD
49,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium Ten percent Buyer's Premium
Payment Terms
The contract price is the final bid plus the 10% buyers premium. A 15% deposit is required at the end of the sale. Your deposit must be made within 48hrs by cashiers check or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 252-1907. You will be required at the close of the sale to sign our standard purchase contract which will be forwarded to you via email or fax.