Terms on Real estate: 10% Buyers premium added to each successful bid. 10% down day of sale, closing in 30 days or sooner. Property sold AS-IS. Home was built prior to 1978 and may contain Lead-Based Paint. Look before you bid. There is an auto-extend feature on the auction; if a bid is placed in the last 5 minutes, then the auction will extend automatically for 5 minutes. For example, if a bid is placed at 1:59PM the day the auction closes, then the new end time will be 2:04PM, and so on, until all bidding is exhausted, the time will then tick down and the auction will close. This closely mimics a live auction. Once the Auction has closed, the buyer will sign a sales agreement, and upon giving 10% down will close in 30 days or less. Buyer is responsible for any tap fees and other utility fees that may apply to the City of Alcoa.

Terms on personal property: 13% Buyer's premium added to all sales. Everything sold AS-IS. No refunds. Credit card on file will be ran unless otherwise requested by the buyer to pay cash or check. Payment must be made in full before pick-up. There is an Auto-extend feature on the auction, if a bid is placed in the last 5 minutes, then the auction will extend automatically for 5 minutes. For example, if a bid is placed at 5:59PM the day the auction closes, then the new end time will be 6:04PM, and so on, until all bidding is exhausted, the time will then tick down and the auction will close. This closely mimics a live auction. There is also a staggered close, meaning the first few items will start to close at 6:00PM, then the next 10 items at 6:05PM and so on until all the items are sold. Please look before you bid. NO REFUNDS, NO EXCEPTIONS.