WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Absolute “Online Only” Estate Auction
Fixer-Upper - Tradesman’s Special
3-Bedroom, 2-Bath Brick House & Lot
809 Edwards Drive
Franklin, TN 37064
Bidding Opens: Sunday, April 21 @ 12:00 Noon CST
Bidding Ends: Monday, May 6, @ 4:00 PM CST
This "Absolute Estate Auction" showcases a 1,300 sq ft. brick home with 3 bedrooms and 2 baths, complete with an attached garage and 0.52-acre lot, nestled within the Rebel Meadows Subdivision just off Hillsboro Road in Franklin, TN. Boasting a desirable location, it's conveniently located for easy access to downtown Franklin and an easy walk to and from Franklin High School, Columbia State Community College, and various other amenities.
Additionally, this residential property presents an enticing prospect for those with a knack for renovation. The estate is selling the property as-is, providing an opportunity for the new owner to tailor the renovations to their personal preferences. Whether you're considering a renovation project, a fix-and-flip endeavor, or seeking to establish your ideal home in the heart of Franklin, a number of possibilities make this an opportunity worth exploring for first-time home buyers, families considering an upgrade, or individuals choosing to downsize within the city limits.
Bidder Registration and Auction Information, call (270) 783-3000 or visit
www.UCHeartlandAuctions.HiBid.com
OPEN HOUSE: THURSDAY, APRIL 25 @ 1:00 PM
Ron Kirby, Auctioneer
United Country | Heartland Realty & Auction LLC
(270) 783-3000
Terms & Conditions: Online Auction: Down Payment shall be made by wire transfer (within 24 hours) payable to United Country Heartland Realty & Auction, LLC of ten percent (non-refundable) down with signing of the purchase contract with balance due on or before Friday, June 6, 2024. A ten percent (10%) buyer’s premium will be added to the final bid to establish the real estate sales and purchase contract selling price. Property is selling “As Is” and is not contingent upon financing, appraisals or post sale inspections. Restrictions, where applicable, rules & regulations of the City-County Planning Commissions, local heath departments and other laws including federal, state, and local easements for public utilities and right of ways and any local ordinances. Real estate taxes for 2024 will be prorated at closing with possession upon delivery of general warranty deed. Failure to execute purchase contract and return with 10% down payment will be considered in default. The home was built prior to 1978 and an opportunity to test for lead-based paint or hazards is offered prior to sale day; a waiver is required to be signed in conjunction with the purchase contract for the successful bidder.
We encourage your personal inspections and due diligence, prior to bidding. If you need assistance with bidder registration, please call Ron or Chris @ (270) 783-3000.
Roger David Caudill, Administrator of the Dennis Ross Caudill Estate.
Firm Lic 262579 / Auctioneers Ron Kirby, Lic #2850 / Chris Gravil, Lic #6686
