ONLINE BIDDING ONLY
Foreclosure Auction
Bid Online Only NOW!
Until Wednesday - August 25th @ 12:00 Noon
Rachel’s Place Subdivision
2 River Tracts
Lot 106A – 12.25+/-AC with Stones River Frontage
Lot 107 – 12.00+/-AC with Stones River Frontage)
1 Undeveloped Tract (22.5+/- Acres)
“Special Financing Available For The Building Lots” (please see attached document under files)
“Special Financing Available For The Building Lots” (please see attached document under files)
PLATS AVAILABLE UNDER FILES
Beautiful established neighborhood offering mature treed lots, open lots, river tracts and much more. The subdivision has curbed lined streets, sidewalks and underground utilities. No Natural Gas Available.
HOA: $200.00 Transfer Fee - $200.00 Annual Fee
Don’t wait until the last minute to register.
Register now and be ready to bid.
2010 Taxes paid by the buyer.
Title Insurance available for the buyer to purchase at closing.
2% Broker Participation Offered – Please see “Files” to download the appropriate form.
Property information believed to be accurate but not guaranteed. Buyer should independently verify all information prior to bidding. Bidders are responsible for checking for updated information prior to and throughout the auction.
TERMS: Please read all online terms prior to bidding. 10% non-refundable deposit in the form of a certified check, cash or wire transfer must be received within 48 hours of the close of the auction, balance due at closing. This sale has an auto-extend feature.
Please review ALL ONLINE terms prior to bidding.
Buyer’s Premium: 10% added to the final bid price to determine final selling price.
Call office for more information.
615-895-0078 – 1-800-825-5523
Auction Manager: Carl Montgomery & Stephanie Mitchell
Beautiful established neighborhood offering mature treed lots, open lots, river tracts and much more. The subdivision has curbed lined streets, sidewalks and underground utilities. No Natural Gas Available.
There is no build time requirements on these lots.
2,200 Sq Ft. minimum please see complete restrictive covenants for details.
"No Structure shall be erected upon any lot having a square foot living area of less than 2,200 square feet for a one story dwelling, _2200_ square feet for a story and one-half and a two story dwelling. All main dwellings must be constructed on crawl space or basement. No slab construction will be allowed. Each dwelling must contain a garage capable of containing at least two cars."
HOA: $200.00 Transfer Fee - $200.00 Annual Fee
Don’t wait until the last minute to register.
Register now and be ready to bid.
2010 Taxes paid by the buyer.
Title Insurance available for the buyer to purchase at closing.
2% Broker Participation Offered – Please see “Files” to download the appropriate form.
Property information believed to be accurate but not guaranteed. Buyer should independently verify all information prior to bidding. Bidders are responsible for checking for updated information prior to and throughout the auction.
TERMS: Please read all online terms prior to bidding. 10% non-refundable deposit in the form of a certified check, cash or wire transfer must be received within 48 hours of the close of the auction, balance due at closing. This sale has an auto-extend feature.
Please review ALL ONLINE terms prior to bidding.
Buyer’s Premium: 10% added to the final bid price to determine final selling price.
Call office for more information.
615-895-0078 – 1-800-825-5523
Auction Manager: Carl Montgomery & Stephanie Mitchell
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED IN THE PURCHASE CONTRACT. PLEASE READ AND REVIEW THE CONTRACT THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE CONTRACT FOR SALE OF REAL ESTATE, DO NOT BID. <br>
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AUCTION END TIMES: Comas Montgomery Realty & Auction Co., Inc. Online Auctions are timed events and all bidding will close at specified time. Comas Montgomery Realty & Auction Co., Inc. Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame. <br>
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ALL LOTS EXTEND IF ANY LOT IS EXTENDED.<br>
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SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Comas Montgomery Realty & Auction Co., Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor COMAS MONTGOMERY REALTY & AUCTION CO., INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Comas Montgomery Realty & Auction Co., Inc.<br>
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TERMS: 10% non refundable earnest money in the form of a certified check, cash or wire transfer within 48 hour of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.<br>
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BUYER’S PREMIUM: There will be a buyer’s premium of 10% added to the bid price to arrive at final purchase price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000. <br>
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AUCTION BIDDER DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and earnest money deposit, the winning bidder may be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Comas Montgomery Realty & Auction Co., Inc. and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Comas Montgomery Realty & Auction Co., Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale. The contract is required to be fully and correctly completed, without any modifications and properly signed. A contract that is incomplete, incorrect, or modified in any respect, is considered to be in default. <br>
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Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Comas Montgomery Realty & Auction Co., Inc. will e-mail documents to be executed and fax or e-mail back to Comas Montgomery Realty & Auction Co., Inc. within 48 hours of the end of the auction. Successful bidders not executing and returning contracts with earnest money deposit within 48 hours will be considered in default. Any and all inspections that a buyer may want must be done at buyer’s expense prior to the close of the online bidding. Comas Montgomery Realty & Auction Co., Inc., Agents, Representatives or Employees may bid.<br>
<br>
Title: As specified in the Contract for Sale of Real Estate <br>
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Deed: As specified in the Contract for Sale of Real Estate<br>
<br>
Possession: As specified in the Contract for Sale of Real Estate<br>
<br>
Real Estate Taxes and Closing Cost: Buyer is responsible for 2010 taxes forward. HOA fees and condominium assessments, if any will be buyer's responsibility. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan.<br>
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Easements: Subject to any and all easements of record. <br>
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Zoning: This property is subject to all state and local zoning ordinances.<br>
<br>
Acreage & Aerial Photos: Parcel dimensions and acreages are based on legal descriptions. <br>
<br>
Aerial photos are for illustration purposes only and not surveyed boundary lines. <br>
<br>
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Comas Montgomery Realty & Auction Co., Inc. will reject the registration, and bidding activity will be terminated. The Seller and Comas Montgomery Realty & Auction Co., Inc. reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
<br>
Agency: Comas Montgomery Realty & Auction Co., Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Comas Montgomery Realty & Auction Co., Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.<br>
<br>
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. <br>
<br>
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 Comas Montgomery Realty & Auction Co., Inc., 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 the Seller, Comas Montgomery Realty & Auction Co., Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Comas Montgomery Realty & Auction Co., Inc. are final. Any dispute between Comas Montgomery Realty & Auction Co., Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Rutherford County, Tennessee. By bidding on the property, buyer agrees to all terms and conditions set forth. Any disputes will be tried in a court of jurisdiction in Rutherford County, Tennessee.<br>
<br>
Beneficiary reserves the right to bid.
<br>
AUCTION END TIMES: Comas Montgomery Realty & Auction Co., Inc. Online Auctions are timed events and all bidding will close at specified time. Comas Montgomery Realty & Auction Co., Inc. Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04.The auto extend feature remains active until no further bids are received within a 5 minute time frame. <br>
<br>
ALL LOTS EXTEND IF ANY LOT IS EXTENDED.<br>
<br>
<br>
SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Comas Montgomery Realty & Auction Co., Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor COMAS MONTGOMERY REALTY & AUCTION CO., INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Comas Montgomery Realty & Auction Co., Inc.<br>
<br>
TERMS: 10% non refundable earnest money in the form of a certified check, cash or wire transfer within 48 hour of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Contract for Sale of Real Estate.<br>
<br>
<br>
BUYER’S PREMIUM: There will be a buyer’s premium of 10% added to the bid price to arrive at final purchase price. Example: Bid Price $100,000 plus $10,000 (10% buyer’s Fee) equals purchase price of $110,000. <br>
<br>
AUCTION BIDDER DEFAULT: Successful bidder not executing and returning the contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and earnest money deposit, the winning bidder may be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Comas Montgomery Realty & Auction Co., Inc. and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. Comas Montgomery Realty & Auction Co., Inc. reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale. The contract is required to be fully and correctly completed, without any modifications and properly signed. A contract that is incomplete, incorrect, or modified in any respect, is considered to be in default. <br>
<br>
<br>
Acceptance of Bid Prices: Successful bidder(s) will be required to enter into a purchase agreement immediately following the close of the auction. Comas Montgomery Realty & Auction Co., Inc. will e-mail documents to be executed and fax or e-mail back to Comas Montgomery Realty & Auction Co., Inc. within 48 hours of the end of the auction. Successful bidders not executing and returning contracts with earnest money deposit within 48 hours will be considered in default. Any and all inspections that a buyer may want must be done at buyer’s expense prior to the close of the online bidding. Comas Montgomery Realty & Auction Co., Inc., Agents, Representatives or Employees may bid.<br>
<br>
Title: As specified in the Contract for Sale of Real Estate <br>
<br>
Deed: As specified in the Contract for Sale of Real Estate<br>
<br>
Possession: As specified in the Contract for Sale of Real Estate<br>
<br>
Real Estate Taxes and Closing Cost: Buyer is responsible for 2010 taxes forward. HOA fees and condominium assessments, if any will be buyer's responsibility. The purchaser will pay all other closing costs associated with the purchaser’s side of the sale, including local and state recording fees and any cost associated with the purchaser’s loan.<br>
<br>
Easements: Subject to any and all easements of record. <br>
<br>
Zoning: This property is subject to all state and local zoning ordinances.<br>
<br>
Acreage & Aerial Photos: Parcel dimensions and acreages are based on legal descriptions. <br>
<br>
Aerial photos are for illustration purposes only and not surveyed boundary lines. <br>
<br>
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Comas Montgomery Realty & Auction Co., Inc. will reject the registration, and bidding activity will be terminated. The Seller and Comas Montgomery Realty & Auction Co., Inc. reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges.<br>
<br>
Agency: Comas Montgomery Realty & Auction Co., Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Comas Montgomery Realty & Auction Co., Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.<br>
<br>
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. <br>
<br>
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 Comas Montgomery Realty & Auction Co., Inc., 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 the Seller, Comas Montgomery Realty & Auction Co., Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Comas Montgomery Realty & Auction Co., Inc. are final. Any dispute between Comas Montgomery Realty & Auction Co., Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Rutherford County, Tennessee. By bidding on the property, buyer agrees to all terms and conditions set forth. Any disputes will be tried in a court of jurisdiction in Rutherford County, Tennessee.<br>
<br>
Beneficiary reserves the right to bid.
Overview
Under Contract: Yes