10% BUYER'S PREMIUM WILL BE CHARGED FOR THIS AUCTION 1. 10% DOWN NOVEMBER 16TH 2019. 10% BUYER'S PREMIUM WILL BE ADDED TO THE FINAL BID TO DETERMINE THE FINAL CONTRACT PRICE. SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT UPON ACCEPTED BID BY SELLER. CLOSING TO TAKE PLACE WITHIN 30 DAYS OF CONTRACT SIGNING. EARNEST MONEY DEPOSIT WILL BE FORFEITED IF BUYER DEFAULTS ON THE CONTRACT. 2. THE SELLER OR AUCTIONEER WILL NOT BE RESPONSIBLE FOR ARRANGING ANY FINANCING. PLEASE MAKE SURE YOU HAVE THE NECESSARY RESOURCES BEFORE BIDDING. 3. 2019 PROPERTY TAXES WILL BE PRORATED. 4. SELLER WILL FURNISH DEED. BUYER(S) WILL PAY ANY OTHER EXPENSES. 5. SUBJECT TO ANY EXISTING EASEMENTS, CLAIMS OF EASEMENT OR RESTRICTIONS, ZONINGS, RIGHT OF WAYS OR ANY OTHER MATTERS NOT OF RECORD. INCLUDING ALL ROAD, WATER, SEWER AND POWER LINE EASEMENTS IF ANY. PROPERTY IS SELLING WITHOUT A CURRENT SURVEY, AND WILL SELL BY TAX DATA ONLY. 6. HOUSE WAS BUILT BEFORE 1978, BUYERS HAVE THE RIGHT TO COMPLETE A LEAD BASED PAINT INSPECTION, HOWEVER INSPECTIONS IS NOT CONTINGENT UPON THE SELL OF THE HOME. 7. OWNER OR RUSS SWANAY REAL ESTATE OR AUCTIONEER WILL NOT BE HELD LIABLE FOR ANY PRESENT OR PAST ENVIRONMENTAL HAZARDS, SINKHOLES, OR ANY OTHER MATTERS THAT MAY AFFECT THE MARKETABILITY OF THE PROPERTY. 8. THERE IS NO WARRANTY, EITHER WRITTEN OR IMPLIED ALL IMPROVEMENTS ARE BEING SOLD AS IS. 9. OWNER WILL SIGN A GENERAL WARRANTY DEED. 10. AUCTIONEER RESERVES THE RIGHT TO REJECT ANY BID CONSIDERED TO NOT BE IN THE BEST INTEREST OF THE SALE. 11. PROPERTY IS BEING OFFERED WITH A RESERVE. 12. THE AUCTIONEER NOR THE OWNER WILL BE HELD LIABLE FOR ANY ACCIDENTS THAT MAY OCCUR ON THE PREMISES. 13. ANNOUNCEMENTS MADE SALE DAY TAKE PRECEDENCE OVER ALL OTHER PREVIOUS ADVERTISEMENT. RUSS SWANAY REAL ESTATE AL # 4465 FL # 6099 112 SOUTH ARMED FORCES DRIVE ELIZABETHTON, TN 37643 PHONE (423)543-5741 AUCTIONEER: DAVID COLLINS