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. Lead Based paint- This home was built before 1978. A Lead Based paint disclosure is not required to be provided to the winning bidder. Contact JD's Realty & Auction for appointment.

Auction Opportunity: Prime Commercial and Residential Properties on Lake City Highway JD's Realty & Auction is excited to offer two exceptional parcels of real estate located at 1442 Lake City Highway, & 1436 Lake City Highway Clinton, TN, at auction. This is a unique opportunity to invest in highly visible highway frontage with both commercial and residential potential. Parcel 1: Commercial Property " Size: Approx. 1.0 acres (Recent Survey On File) " Zoning: C1 Commercial " Existing Structure: Two-story building total sq ft 1920. o Ground Floor: Previously used as a commercial business space, offering ample square footage for a variety of business ventures. o Upper Floor: Features a 2-bedroom apartment, ready for a remodel to suit your vision. This apartment offers potential rental income or an ideal live/work arrangement. This parcel's strategic location on Lake City Highway makes it a prime spot for businesses seeking high visibility and easy access. With both commercial space and residential potential on-site, the possibilities are endless. Parcel 2: Adjoining Lot " Size: Approx. 0.53 acres " Zoning: Residential " Frontage: Directly on Lake City Highway This adjoining lot provides additional flexibility for expansion, residential development, or as a separate investment opportunity. Its residential zoning offers the chance to build or develop while benefiting from the property's close proximity to the commercial lot. Key Highlights: " Highway Frontage: Both parcels enjoy excellent visibility from Lake City Highway, making them ideal for business, investment, or development purposes. " Mixed-Use Potential: The combination of commercial and residential zoning across these parcels offers flexibility. " Ready for Renovation: The 2-bedroom apartment provides a ready canvas for remodel and investment. Whether you're looking to start a new business, expand your real estate portfolio, or develop a new residential space, this auction presents a fantastic opportunity. Don't miss out on this chance to own prime real estate in Clinton, TN. Contact us today to learn more or register for the auction!