Auction Terms & Conditions

REAL ESTATE TERMS: Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office. If you have a Realtor we are paying a Co-Op if you bring a buyer for this property. This home will be sold subject to the owner's confirmation. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. 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 10% down . 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; cashier's check or cash. The balance is to be paid in full at closing within 30 days. 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. JD's Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. JD's Realty & Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. 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 will be a part of the sales contract.

Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Anderson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Anderson, City of Clinton, State of Tennessee.

If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 24 Hours after you are the winning bidder. JD's Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. A Lead Based paint disclosure is required to be provided to the winning bidder as this house was built before 1978.

Charming 3 Bedroom, 1 Bath Home with Great Potential Welcome to a hidden gem in the heart of Knoxville, Tennessee! JD's Realty & Auction is thrilled to partner with Megan Jerez with Real Broker to present this fantastic opportunity for investors or those looking to make a house their own. This 3-bedroom, 1-bath home is situated just 2.5 miles from the UT Medical Center and Downtown Knoxville, making it an ideal location for college students, professionals, or anyone looking for a convenient and vibrant lifestyle. Key Features: 3 Bedrooms: This home offers three spacious bedrooms, providing ample space for a small family or the potential to create a cozy living environment for students or professionals. 1 Bathroom: The house features one full bathroom, with updates started and room for further customization to suit your preferences. TLC Opportunity: While there have been some updates, this property is perfect for those with a vision for transforming it into their dream home. Whether you're looking to add your personal touch or invest in a renovation project, this home offers tremendous potential. Location, Location, Location: Situated only 2.5 miles from the UT Medical Center and Downtown Knoxville, this home is strategically positioned for those who value convenience and accessibility to schools, healthcare facilities, and the vibrant city life. Ideal Rental Property: With its proximity to the University of Tennessee and downtown Knoxville, this property is an excellent rental opportunity. College students and professionals will appreciate the easy commute and the lively atmosphere this neighborhood offers. Potential for Personalization: The unfinished updates in this home offer the chance to tailor the space to your specific preferences. Put your personal stamp on this property and make it your own. The current owner, who is relocating down south, has decided to sell, providing a unique opportunity for you to acquire this property and bring your creative vision to life. Don't miss out on this chance to own a piece of Knoxville's real estate market in a prime location!