10% buyer's premium added to final bid price. 10% non-refundable deposit of bid price due down on property day of sale. Buyer should be pre-qualified to purchase prior to the auction. Closing in 30 Days or less. Property sold in as-is condition. Homes built prior to 1978 may contain lead based paint. 2019 taxes to be pro-rated from time of closing. An agent can only represent one client per auction; 2% Cooperating commission. Agents must contact our office at least 48 hours before end of sale with client info. Once you are the winning bidder, you are entering into a binding agreement to purchase the property. There is an auto extend feature on the auction. For example, If a bid is received at 1:59 PM on the real estate, then the auction is automatically extended for 5 minutes and the close time is extended to 2:04 PM, and so on until all bidding is exhausted on the property. This makes it fair to all bidders. Please understand the terms of the auction. If you don't agree with or understand the terms, or if you don't trust the system, then don't bid! Call with any questions 865-681-7797. DeLozier Auction nor any of it's employees/ agents are responsible for "computer or internet Glitches", so bid early and often. This is an Absolute Auction, so the winning bidder should be ready to close in the allotted time. DeLozier Auction is a Marknet Alliance member.