Name Absolute Real Estate Auction 334 Marshall Street Clinton TN
Auctioneer JD's Auctions
Type Live Webcast Auction
Date(s) 6/24/2017
Live Webcast June 24th at 10:30am
Preview Date/Time Open House will be held June 11th from 2:00 - 3:00pm
Checkout Date/Time Following the auction the contract will be completed.
Location 334 Marshall Street
Clinton, TN 37716
Buyer Premium 10% Buyers premium will be applied
Description
This is an absoulte Real Estate auction located at 334 Marshall Street Clinton TN 37716
AUCTION TERMS: The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of $5,000. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check, cashiers check or cash. The balance is to be paid in full at closing within 30 days of the auction. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Bear Stephenson Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. All properties are sold "AS-IS, WHERE-IS and WITH ALL FAULTS," without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure waiver will be a part of the sales contract. Lead-based paint inspection begins May 1st 2017. ONLINE REAL ESTATE TERMS: Please familiarize yourself with the terms and conditions of the Auction. If you have questions or do not agree with the terms please call the office or do not bid, or you will be bound by those terms and conditions. Auctioneer/Agents without notice may withdraw, extend or rearrange any property, and or items at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. Payment must be made within 24 hours after the auction. Bear Stephenson Realty & Auction will have up to 7 Days to provide the buyer with any documents to be signed after the auction has ended. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on the bidder's behalf.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyers premium will be applied
Payment Terms
Check, Cash, $5,000 due upon the close of the auction, closing must take place within 30 days following the auction.