Read the Full Terms & Conditions at http://www.landmanauction.com/wp-content/uploads/2019/04/Greenwood-TermsandConditions.pdf Introduction: Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms please call our office at 423-310-9788. Online bidders: By registering online for our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of 10% of total sales price. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check, cashiers check or cash. The balance is to be paid in full at closing within 40 days of the auction. This sale will require a $15,000 nonrefundable down payment with the balance within 40 days. Lead Paint Disclosure; As Is Condition; Selling by the Deed and tax Map; no survey; Title Search, good, Cleveland Abstract & Title will handle the closing. If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping. Down payment must be made immedialty at the conclusion of the sale. Don Harris Auction Solutions will have up to 48 DAYS to provide the Buyer with any documents to be signed after the auction has ended. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Don Harris Auction Solutions and its auctioneers and agents are representing the sellers as the sellers' agents. All properties are sold "AS-IS, WHERE-IS and WITH ALL FAULTS," without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure waiver will be a part of the sales contract. Lead Based paint disclosure: This home was built before 1978. If you wish to conduct lead-based paint tests, contact Don Harris Auction Solutions for appointment by calling 423-310-9788. Terms & Conditions - 1870 Greenwood Avenue NE Cleveland, TN 37311 1. Bidders on property should have inspected property prior to sale day and qualified themselvesfinancially. Any bids or offers made will not be contingent upon bidder's ability to obtain financing.This is a "Cash Sale.” 2. All Bidders must be Registered and have a Bidder's Number. 3. Auctioneer reserves the right to set the minimum increments of bid increase. 4. Terms: $15,000 non-refundable down payment, the balance at closing within 40 days of the Sale.Funds may be Cash or Personal/Business Check. 5. A 10% Buyers' Premium will be added to the high bid of the successful bidder and will be includedin the total Contract Purchase Price. 6. Property is being sold subject to all utilities, rights-of-ways, easements and/or restrictions ofrecord. The property has public water, sewer and power. Property is being sold in “As Is and Where Is”condition. This is an Estate Property. 7. Property is being sold with no warranties expressed or implied, nor to any information as to futurezoning, permitting or use. 8. Taxes will be prorated for 2019. . Possession: Day of Closing. 10. This home was built prior to 1978. Lead Paint Disclosure. Under Title IX, homes built before 1978 are subject to lead paint inspection. This inspection begins on April 22nd, 2019 and ends on May 3rd,2019. No Post Auction testing. Buyer will be asked to sign a waiver to this effect. 11. Conveyance of a property will be by Warranty Deed. Closing shall be at Cleveland Abstract &Title, Cleveland, TN. Contact Tammy Bentley @ 423-339-3042. Buyers' closing shall include acharge for Title Search. Title Insurance is available through Title Company. 12. Don Harris Auction Solutions represent the Seller in this transaction. 13. The Sale is open to anyone financially qualified to purchase. 14. All announcements made by the Auctioneer at the Auction will take precedence over all previousprinted material or any other oral statements made.