REAL ESTATE TERMS & CONDITIONS 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 are being represented by an agent we are paying broker participation IF your agent registers using the broker participation form available on the auction site. Please note that all broker participation forms must be filled out completely and received no later than 48 hours prior to the close of the auction. Broker participation is 3% of the opening bid provided on the documentation. Example: Opening bid of $100,000 = $3000 broker participation paid to broker at closing. This property will be sold subject to the owner's confirmation, which means the owner has the ability to reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. 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 a nonrefundable deposit $10,000. Payment may be made by personal check; cashier's check, wire transfer 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 but the auction is not contingent upon it. The contract will not be contingent upon financing, inspections or any other contingencies. Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Blackwell Realty and 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 Wilson, 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 Lebanon, 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 48 Hours after you are the winning bidder. Blackwell Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.

Welcome to This 1900's Farm Home on 5.04 Acres- Restoration Opportunity! This 20th-Centry Farm Home, Is A Diamond in the Rough, Waiting for Your Vision and TLC To Restore It to It's Former Glory or Rebuild! Located in a Peaceful, Rural Setting, This Property Offers The Perfect Opportunity To Experience The Timeless Charm of Country Living. Minutes From I-40, Ample Road Frontage, Make it your Dream Home or Farmland, Endless Opportunity! This online only real estate auction will begin closing at 6pm CST on September 27th 2023. Preview of this home and land is available, please contact Affiliate Auctioneer/Realtor Christine Sawyers at 615-995-5095 or Director of Auction Operations Shane McCarrell at 931-302-4717. 10% Buyers Premium added to high bid to determine contract price. Winning bidder to make $10,000 non refundable down payment within 48 hours of conclusion of auction. Balance due at closing no later than 30 days from conclusion of auction. 3% Broker Participation to agents that pre register and represent the winning bidder!! Agents: Follow this Link or to access form https://blackwellrealtyandauction.com/wp-content/uploads/BW-Broker-Participation-Form.pdf