Real Estate: 10% buyer's premium added to final bid price. Property sold AS-IS. 10% deposit required within 24 hours of sale's conclusion. Closing in 30 days or less. Homes built prior to 1978 may contain lead-based paint. There is extended bidding on the real estate. For instance, if a property gets a bid at 1:59PM day of closing, the new ending time will be 2:04pm. Bidding will extend 5 minutes each time there is a bid within the last 5 minutes of the auction. If one property receives a bid within the extend period, ALL properties in the catalog will extend. Once all bidding is exhausted and no more bids are received, then the time will tick down and the auction will close. This closely mimics a live sale. If you don't understand the terms of the auction, call us at 865-681-7797 and we can explain them to you. If you don't agree with the terms or don't trust the system, THEN DON'T BID! It's that simple. Items not picked up from the auction remaining at the residence at time of closing become possession of the new home owner. Thank you, and Happy Bidding!!
TN Auction license 4498.
