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 before 1977. A Lead Based paint disclosure is not required to be provided to the winning bidder. Contact JD's Realty & Auction for appointment.

JD's Realty & Auction, is excited to present this rare and stunning condo selling at auction: 418 S. Gay St Suite 503 Knoxville, TN - a part of The Phoenix building, a beautifully restored and historic property in the heart of Knoxville. This exquisite two bedroom, one bathroom property features a spacious and open floor plan with high ceilings and plenty of natural light. The 1,444 square feet of living space offers a luxurious and comfortable living experience with modern amenities and historic charm. As you enter the property, you are immediately greeted with luxury living. Only owners and invited guests have access to the elevator taking you to your suite. When you enter the living area you are greeted with stunning hardwood floors, exposed brick walls, and large windows that showcase the breathtaking city views. The kitchen is equipped with stainless steel appliances, storage space, and bright lighting. The open living room and kitchen create the perfect atmosphere for hosting guests and entertaining. Located in the heart of downtown Knoxville, this property is in the center of some of the city's best dining, shopping, and entertainment options. Don't miss this opportunity to own a piece of history in one of Knoxville's most desirable locations. Join us at the auction and place your bid on this exceptional property.