Terms on real estate: 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. Checks accepted from local banks only, unless other arrangements are made with auctioneers prior to sale. Closing in 30 Days or less. Property sold in as-is condition, with NO contingencies. Homes & buildings built prior to 1978 may contain lead based paint. 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 1:59PM on the real estate, then the auction is automatically extended for 7 minutes and the close time is extended to 2:06PM. 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 or understand the terms, call and we can explain them to you. If you don't trust the system, then don't bid! Call with any questions. 865-681-7797. This is an Absolute Auction, so the winning bidder should be ready to close in the allotted time. Any items remaining in the building or on the premises after closing become the new owners responsibility.
Personal Property: Cash or good local check due in by sales's end. Credit card on file will be charged for purchases under $1,000 unless other arrangements are made with auctioneer. Buyers to pick up during allotted times. 10% Buyer's Premium added to each winning bid. Everything sold AS-IS with no warranties of any kind. There is an auto extend feature on the auction. For example, If a bid is received on an item at 5:59PM , then the auction is automatically extended for 7 minutes and the close time is extended to 6:06PM. and so on until all bidding is exhausted on the item. This makes it fair to all bidders. There is also a staggered closing. The first few items will close at 6:00PM, 10 minutes later the next batch of items will close, and so on until all items are sold. If you don't agree with or understand the terms, then don't bid! Call with any questions All items belong to Mr. Holley except for the 2005 Mercury Mariner. This was one of Jerry DeLozier's personal vehicles. 865-681-7797