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 $100,000 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.

Looking for the perfect location to grow your business or investment portfolio? Look no further�123 South Margin Street is more than just a property; it�s your gateway to success in one of Middle Tennessee�s most dynamic and sought-after business communities.Why Choose 123 South Margin Street? Situated in the heart of Franklin, Tennessee, a city celebrated for its Southern charm and economic vitality, this prime commercial property offers unparalleled visibility and accessibility. Franklin consistently ranks as one of the best places to live and work in the country, drawing locals, tourists, and entrepreneurs alike. Property Highlights:Income-Producing Opportunity:This property is currently leased to a long-term tenant with three years remaining on the lease, offering immediate rental income and stable cash flow. Location, Location, Location:Just minutes from downtown Franklin, this property is surrounded by bustling businesses, vibrant shops, and popular dining spots. Its central location ensures steady foot and vehicle traffic, making it ideal for any enterprise.Flexible Space for Future Vision:Boasting 2,269 square feet, this property provides ample room to align with your future business or investment goals.Ample Parking & Accessibility: Convenient parking and close proximity to major roadways make it easy for your customers and clients to visit.Thriving Franklin Business Community:123 South Margin Street is your chance to join a thriving network of innovative entrepreneurs and established businesses. Franklin�s strong local economy, supportive business networks, and loyal customer base make it the perfect place to establish or expand your brand. Auction Details:Auction Date: Friday, January 3rd, at 12:00 Noon Central Time Online-Only Auction: Participate from anywhere�bid conveniently online. Preview: Schedule your private tour of the property today to explore its full potential. Financial Information: Contact us at info@jdsauctions.com to request a copy of the financials. Buyer's Premium: A 10% buyer�s premium will be added to the final bid price. Don�t Miss Out! Opportunities like this don�t come around often. With 2,269 square feet of potential, a prime location, and a long-term tenant, 123 South Margin Street is your key to success. Whether you�re adding to your portfolio or planning for the future, this property offers exceptional value.Contact us today to learn more, schedule your tour, and get ready to bid on Friday, January 3rd at 12 Noon Central Time!