TERMS AND CONDITIONS of Online Only Sale:

Thank You, Dee Davis, Village Real Estate, Cell: (615) 202-0837 Office: (615) 383-6964 our REFERRING CO-AGENT. Thank You, Dee, and Village Realtors!

Selling: a 2-Bedroom, 1 full bath, 1,080± SF, per tax records with inclusion of the Florida Room approximately 1,300± SF, built in 1948 on a 50' x 90' lot located at 319 S Margin St. Franklin, TN 37064

All information and descriptions of the property is approximate, based on the current tax records or third-party information, and is not guaranteed or warranted, either expressed or implied by the Auction Agent.

ONLINE AUCTION TERMS:
1) There is NO BUYER'S PREMIUM. Buyer will receive Insured Deed and Title!
2) Cash, $10,000 as earnest money deposit is suggested as partial payment in cash or check, balance at closing contingent on terms. The Closing Agent for the Seller is Ruby Title and Escrow, (615) 383-2903.
3) All offers, financial arrangements, terms, and conditions will be subject to Seller acceptance. We require that all results of inspections of any kind be kept confidential to avoid damages and litigation.
4) The seller reserves the sole right to accept or reject any and all bids including those above or below any a published reserve. The seller may accept any registered high bid or accept any offer presented at any time before the Sale resulting in the cancelation of the Live Online Auction.
5) In all matters this property is selling like all public auctions "as-is, where-is," and active bidding starts with the posting and may close at any time at the direction of the seller. It is the responsibility of Bidders and Buyers to fully inspect and research all facts and features of the property being sold to their own satisfaction and use PRIOR to bidding or bid waiving the right of inspection. This property is selling strictly 'AS - IS' without, or subject to contingencies, guarantees, or warranties expressed, or implied by the Woodmont Auctions and associated agents.
6) No Buyer's Agency is offered on the Online Only Silent Bidding sale.
7) THE SELLER WILL PAY FOR: the warranty deed, insured title, closing statement and their pro-rata part of the current and any back taxes if applicable.
8) THE BUYER WILL PAY FOR: recording the warranty deed, any costs the Buyer incurs in their own financing and their pro-rata part of the 2020 taxes.
9) TOTAL TAXES FOR 2019: City: $ $334.94; County: $ $1,566.65; Special School District: $879.80, TOTAL: $ $2,781.39
10) USE AND ZONING: residential use, zoned R-4, and is located within the City of Franklin Historic Preservation Overlay District
11) FLOOD ZONE: X Minimal Area of minimal flood hazard, usually depicted on FIRMs as
above the 500-year flood level per Tax Records.
UTILITIES: water, septic,
12) HEAT/COOL: dual HVAC
13) SCHOOLS:
Elementary 1: Franklin Elementary
Middle/JR: Freedom Middle and Intermediary
High: Centennial High School
14) Since the property was built prior to 1978 lead based paint is present. The Federally required forms and pamphlets are provided and as a part of the contract the seller will be required to sign a lead-based paint disclosure letter waiving their right to a ten-day period for inspection for lead based paint.
15) POSSESSION: date of deed
16) SUBJECT TO any restrictions, easements, and/or any other limitations of record.
17) THE BUYER is responsible for obtaining their own permits for improvements whatsoever.
18) The Seller, or the Seller through our Brokerage Company may require any bidder or prospective bidder to provide proof of financial responsibility or legal capacity to contract and close this Sale within the time and terms announced.
NOTICE: In the event of a technological failure or lack of electronic communication at the time of the Online Auction, and the bidder cannot attend in person, register online, and place your highest bid to be incrementally processed automatically at announced preset minimum raises to your own determined limit, or prior to the Sale/Auction email your highest bid to be entered incrementally, with your name, address, and cellular phone number to frank@ffbaugh.com. We will inform you of the results as soon as possible.

SALE NOTICE: The Online Auctioneer reserves the right to control the size of the bids to open and conduct the Online Sale for the sake of overall speed of sale and clarity. Announcements at the time of the Online Sale take precedence over all prior advertising. The Online Sale may be changed, canceled, postponed, or rescheduled at any time without notification. Be sure to check back for any possible changes.

AVAILABLE $490,000.00 Two Bedroom, 1 Bath Home, on 50' x 90' lot 319 S Margin St. Franklin, TN 37064 YOU MUST REGISTER TO BID Sunday, September 27th 2 PM Open House ~ 4 PM Online Only Sale All terms considered (MLS #: 2180187) Presenting a rare opportunity to own this fine home built in 1948, located in Historic Downtown Franklin, TN at YOUR price! This home is in very good condition, a perfect downsizer, or investor home within a short two-block walk of the Square and Main St. of Downtown Franklin, TN. All reasonable offers and terms considered. This two-bedroom, one-bath home has 1080± per tax records, and including the Florida Room, approximately 1,300± Square feet may be present. It has been very well maintained and is in move-in condition. There is room for updating to taste. The yard is "Goldilocks' range" in size - just right at 50 feet wide by 90 feet deep and ready to be landscaped to taste. The home features Central electric heat and air, City water and sewer. PROPERTY DIRECTIONS: From Nashville take I-65 South to Franklin exit 65. Go west on Hwy. 96 toward Franklin over the Harpeth River and the Railroad tracks to S Margin. Turn left to sale on left. Or from the Square in Franklin take Third Ave. South to right on S Margin, sale on left. ALL INFORMATION IS APPROXIMATE BASED ON CURRENT TAX RECORDS, OR THIRD-PARTY INFORMATION, AND NOT GUARANTEED OR WARRANTED. This property is selling strictly 'AS - IS' with no guarantees, or warranties expressed, or implied by the Selling Agents. The Seller will consider all reasonable offers subject to appraisals, inspections, and finance offers. NOTE: A Buyer's Agent participation fee of 2% offered MLS #: 2180187 listing only, not on the Online Only Sale. The seller may accept any registered offer made at any time. The Open House ~ Online Silent Sale will be held onsite. The public is welcome and encouraged to attend in person subject to current State and Federal COVID 19 rules. For inspections, showings, and assistance contact Frank F. Baugh, Realtor and Auctioneer, #2435, Berkshire Hathaway HomeServices, 5107 Maryland Way, Suite 100, Brentwood, TN 37027, Office, (615) 661-7800, Direct, (615) 347-4705, frank@ffbaugh.com, website: ffbaugh.com Dee Davis, Village Real Estate, Cell: (615) 202-0837 Office: (615) 383-6964 our REFERRING CO-AGENT. Thank You, Dee, and Village Realtors! Online Only Silent Bidding Notice: NO BUYER'S PREMIUM. It is the bidder's responsibility to fully inspect all facts and characteristics of the property to their full satisfaction and use BEFORE bidding or bid waiving the right of inspection. The seller reserves the sole right to accept or reject any and all bids and terms including those above or below any published reserves or terms. The seller may accept any registered bid, or offer, made at any time. Online Only Silent Sale Notice: The Online Only Auctioneer reserves the right to open and conduct the Online Only Silent Sale and the right to control the size of the bids and for the sake of overall speed of sale and clarity. Announcements at the time of the Online Only Silent Sale take precedence over all prior advertising. The Online Only Silent Sale may be changed, canceled, postponed, or rescheduled at any time without notification. Be sure to check back for any possible changes.