TERMS & CONDITIONS Buyers Premium: 10% will be added to the bid price Payment Options: Wire Transfer Payment Instructions: HyWater Title Bidders Agreement: I (Buyer) agreed to enter into a contract if declared high Bidder by the Auctioneer on this Internet Only Auction. I agree that I have read and fully understand the Terms and Conditions of this auction. 0) Buyer agrees to send proof of funds immediately upon entering into a bid. Email to jhannahrealestate@gmail.com 1) Auction - This is a reserve auction with a soft close. 2) Buyer's Premium 10% will be added to the final bid price to arrive at the contract sale price. 3) Winning Bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning Bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by Town & Lake Realty & Auction on or before 12:00 NOON the following day hand-delivered, faxed, or scanned and emailed). This is a Reserve Auction. 4) 20% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing. 5) Closing shall be with 30 calendar days of the auction closing. 6) Possession will be given at closing. 7) Real estate taxes will be prorated to the day of closing. 8) Under no circumstances shall Bidder have any kind of claim against Town & Lake Realty & Auction or anyone else if the Internet service fails to work correctly before or during the auction. 9) The information is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.

Up for AUCTION are 4 parcels of land in the city limits of Smithville TN! Two of the lots are commercial and are 0.72 acres and 0.74 acres, while the other two are residential and are 3.82 acres and 0.70 acres respectively. Less than one mile to walmart and other shopping. PRIME LOCATION!! The auction will be held ONLINE ONLY through June 8, 2023 at 7pm.