Bidding Terms and Conditions of Real Estate Auction
6021 Woodbark Trce, Knoxvillet TN 37921

Online Only Auction

All announcements day of sale take precedence over any previously advertised material.
Thank you for participating in this online auction event (the "Auction").

Please read these Terms & Conditions carefully. By placing a bid, you agree to be bound by all conditions of sale outlined below.

Auction Firm
JD's Realty & Auction, LLC (referred to herein as "Auction Firm" or "Auctioneer") is conducting this auction as the sole licensed auctioneer and real estate brokerage firm.

Inspection
The property is available for inspection by appointment. Real estate agents may show the property to prospective buyers by scheduling an appointment and completing buyer registration.

Registration
All bidders must register with the Auction Firm prior to bidding. Online bidders must complete the online registration process. Live bidders may register at the auction site. By registering, all bidders acknowledge and accept these Terms & Conditions.

Agency
The Auction Firm and its agents represent the Seller only in this transaction. Any cooperation with buyer agents or referring brokers is as a courtesy and does not create an agency relationship with the buyer.

Contracts & Deposit
The high bidder shall sign the Purchase and Sale Agreement and deliver a non-refundable deposit of 10% of the bid price at the conclusion of the auction. Deposits must be made by check. The purchase agreement is irrevocable for 24 hours following its receipt by the Seller.
Contact Jason Deel at JD@JDsauctions.com for a sample copy of the Purchase and Sale Agreement.

Auction Method & Closing
This auction is online only. The property is selling subject to seller confirmation.

Closing shall occur no later than 30 days following the auction. Time is of the essence. The Buyer will pay customary closing costs. The Seller will convey the property via General Warranty Deed and provide clear title. Possession is granted at closing.

Buyer's Premium
A 10% Buyer's Premium will be added to the high bid to determine the Total Purchase Price.
Pre-Auction Offers
The Seller reserves the right to accept a pre-auction offer and cancel or modify the auction at any time.

Contingencies
No contingencies will be accepted for financing, inspections, or appraisals. The property is selling AS-IS, WHERE-IS.

Condition of Property
The property is sold in AS-IS, WHERE-IS condition with no warranties or guarantees expressed or implied by the Auction Firm or Seller. Buyers are encouraged to conduct all inspections prior to bidding.

Technology Disclaimer
JD's Realty & Auction may utilize third-party bidding platforms or services. The Auction Firm is not liable for missed bids or errors due to technological failures, internet disruptions, or service provider issues.

Force Majeure
The Auction Firm shall not be held liable for delays or inability to perform due to acts of God, war, government regulation, pandemic, natural disaster, or events beyond its control.

Broker Participation
Referring brokers are eligible for a commission of the high bid amount, provided they:
- Register their client in writing before any contact is made with Auction Firm
- Remain actively involved in the transaction through closing
- Send JD's a copy of the Buyer Representation agreement.

High Bidder Notification
Winning bidders will be notified by email only. Bidders are responsible for monitoring their email and completing contract obligations on time.

Jurisdiction & Venue
This agreement and any related disputes shall be governed by the laws of the State of Tennessee. All legal actions or claims must be filed exclusively in Anderson County, Tennessee.

Buyer Beware
By placing a bid, the bidder acknowledges that they have had an opportunity to inspect the property and are purchasing it AS-IS, WHERE-IS, and AS-INSPECTED, with all faults. The Auctioneer reserves the right to place bids on behalf of the Seller.

Final Note
These Terms & Conditions may only be modified in writing by JD's Realty & Auction. By registering and placing a bid, you acknowledge that you have read and understood all terms stated herein.

This single-family residence was built in 1989 and offers 1,034 square feet of comfortable living space. The home features three cozy bedrooms and a Jack and Jill style bathroom with an attached one car garage. Situated on a generous 8,105 square foot lot, there's plenty of room for outdoor activities and potential landscaping enhancements. **Please note: Interior photos will be added May 12th for this property. We are conducting an online only auction for the personal property of this estate that will close May 6th at 7pm.** This property falls within the following Knox County School zones: Amherst Elementary School (Grades PK-5): Approximately 1.7 miles from the property. Northwest Middle School (Grades 6-8): Approximately 1.8 miles away. Karns High School (Grades 9-12): Approximately 5.6 miles from the property. This property is located just minutes from Kingston Pike, West Town Mall, and Turkey Creek Shopping Center, offering easy access to shopping, dining, and entertainment. The home is also conveniently situated near major highways, making for an easy commute to downtown Knoxville and surrounding areas. As seen in the photos, there is a depression in the backyard approx. 30' x 11'.The presence of this geological feature has not been fully assessed, and further testing may be required to determine its extent and impact on the property. We are looking into getting it tested.