Terms for Real Estate: 20% Down of contract price Sale Day, Balance on or before September 23, 2013. Selling with no Contingencies, AS IS, WHERE IS, No warranties expressed or implied. 6% Buyer’s Premium applied to final bid for contract pricce. Designated closing agent: Vandybine Title and Escrow-Julie Coone 615-367-5111-Nashville, Tennessee.
Terms for Personal Property: Payment in full Sale Day by cash or company approved check - NO Exceptions - 10% Buyer’s Premium added to final bids - No Credit or Debit Cards.
Potts Brothers Land and Auction, LLC has the sole authority to resolve any bidding disputes as they may arise.
Buyer’s Premium: A 6% buyer’s premium on Real Estate and 10% buyer's premium on personal property will be added to the bid price on all properties to determine the final contract price.
10% Buyer’s Premium Example:
Bid Price: $10,000.00
Plus 10% Buyer’s Premium: $ 1,000.00
Total Contract Price: $11,000.00
Closing: Time being of the essence, these sales shall be closed on or before 30 days from sale as listed on sales contract. The purchaser will pay for all normal closing costs associated with the transaction, depending upon the state where purchased. The ad valorem taxes will be the prorated.
Broker Participation: A one percent (1%) bid price commission is available to properly registered brokers. A Broker Participation Form with complete instructions is available at www.pottsbrothers.com
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as a buyer’s agent. Potts Brothers Land and Auction, LLC reserves the right to remove or cancel the bids or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid. On all other auctions, auctioneer reserves the right to bid on auctioneer’s behalf when permitted by law.
New Data, Corrections and Changes: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Potts Brothers Land and Auction, LLC Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by Seller, Potts Brothers Land and Auction, LLC, Agents or Representatives. Conducting the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Potts Brothers Land and Auction, LLC are final.
Any dispute between Potts Brothers Land and Auction, LLC, its agents or Representatives and Buyer(s) will be tried in a court of jurisdiction in Walker County, Georgia. By bidding on the property, buyer agrees to all terms and conditions set forth.
Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete.
Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold “AS IS” with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
Location: In Chattanooga, Tennessee at I-75 @ Hwy 153, follow Hwy 153 North across Chickamauga Dam to Hwy 319 (Hixson Pike), turn right, go 2.8 +/- miles to property on left!!!
180 Valleybrook Road
Hixson (Chattanooga), TN 37343