TERMS: Real Estate: ONLINE AUCTION TERMS AND CONDITIONS
IF YOU DO NOT AGREE WITH ALL OF THE TERMS AND CONDITIONS OF THE ONLINE AUCTION, DO NOT BID. BY BIDDING, YOU ARE REPRESENTING AND ACKNOWLEDGING THAT YOU HAVE READ ALL OF THE TERMS AND CONDITIONS FOR THE ONLINE AUCTION AND THAT YOU AGREE TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS OF THE ONLINE AUCTION.
Terri Walker Coldwell Banker Southern Realty Agent.
Address; 6045 Sunrise Cir Franklin TN 37067
4-bedroom 3 bath Condo.
Preview Friday February 7th 10:00 AM to 3:00 PM
This is a 55-year-Old Community You Must Be Over 55 Years Old to Live Here. Renting is Prohibited.
Tax ID # 053 099.06C015
Taxes: $ 2568.13
HOA $ 250.00 per month covers Exterior Maintenance, Grounds Maintenance, Pool, Tennis, Clubhouse, Trash Pickup.
Each Unit pays its own water, sewer and electric.
$ 1350.00 Association transfer fee will be paid by the Buyer
Underground Utilities
Walking Trail
There is No Buyers Premium
Please Review All Online Terms Prior To Bidding. Online Only Bidding. Property information was believed to be accurate but not guaranteed. Buyers should independently verify all information prior to bidding.
Terms: CASH - PROPERTY IS BEING SOLD AS-IS, WHERE-IS WITH NO CONTIGENCIES.
This property is subject to sellers� approval.
You can have up to 30 days to close, if necessary.
Buyer to Pay 0ne Half of Closing cost.
Buyer to pay their State Transfer Tax and to Record their Deed.
Buyer to pay The cost of the standard owner�s ALTA title policy, if Purchaser chooses to have a title policy issued;
The buyer will have to pay the state transfer tax and record the deed.
Buyer to Pay any Loan Cost they may have.
Taxes will be prorated, and any back taxes will be paid by the Seller.
Again � this sale is a Cash sale � there are no contingencies � it is being sold �AS-IS�.
If you have the money, bid. If you don�t, don�t bid.
Closing to be done by Rudy Title.
Each Bill Colson Auction and Realty Co. Inc. auction may have different bidding increments. The software will calculate the next bid amount before submitting the bid.
Buyer explicitly acknowledges that the property is being purchased "AS IS" with all faults and that neither the Seller nor Bill Colson Auction and Realty Co. Inc. makes any warranties or representations, express or implied.
Acceptance of Bid Prices:
The sale is Subject to the Seller Approval. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer.
Bidder Verification:
The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Bill Colson Auction and Realty Co. Inc. will reject the registration, and bidding activity will be terminated. The Seller and Bill Colson Auction and Realty Co. Inc. reserve the right to preclude any person from bidding. Bill Colson Auction and Realty Co. Inc. reserves the right to modify, change, or remove usernames at any time.
Buyer and or Bidder agrees to hold harmless and indemnify Bill Colson Auction and Realty Co. Inc. and its Agents, Owners, Directors, Employees, and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc.
Guaranty Agreement:
By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees earnest money payment to Bill Colson Auction and Realty Co. Inc.
By previewing the property, the bidder acknowledges they and or their guest have the possibility of being exposed to any life-threatening illnesses, including but not limited to the COVID-19 Coronavirus
The contract is required to be fully and correctly completed, WITHOUT any modifications, and properly signed by 12:00 Noon Thursday February 13th 12:00 Noon
Server & Software Technical Issues:
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Bill Colson Auction and Realty Co. Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Bill Colson Auction and Realty Co. Inc. shall be held responsible for a missed bid or the failure of
the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Bill Colson Auction and Realty Co. Inc.
15% OF THE FINAL BID PRICE REQUIRED as non-refundable earnest money in the form of a certified check, cash or wire transfer by Thursday February 13th, 2025 @ 12:00 Noon, with the balance of purchase price due at closing. The 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.
COVID-19: YOU AGREE TO ABIDE BY ALL CDC GUIDELINES WHILE ON THE AUCTION COMPANY�S PROPERTY, INCLUDING BUT NOT LIMITED TO WEARING A COVERING OVER YOUR MOUTH AND NOSE AT ALL TIMES AND MAINTAINING A DISTANCE OF AT LEAST SIX (6) FEET FROM ALL OTHERS. You agree to hold the Auction Company blameless and harmless in the event that you or anyone you bring onto or send onto the Auction Company�s property or Auction Location contract COVID-19 or any other communicable disease. You further agree to fully indemnify the Auction Company in the event that you or anyone you bring onto or send onto the Auction Company�s property or Auction Location contracts COVID-19 or any other communicable disease and files any claim against the Auction Company, files any lawsuit against that Auction Company, or institutes any action of any type against the Auction Company related to contracting COVID-19 or any other communicable

www.colsonauctions.com

Real Estate: This Condo is an End Unit. The main floor has an open living room w/vaulted ceiling, dining room, den w/vaulted ceiling and gas fireplace, kitchen with breakfast area, laundry closet, 3 bedrooms, and 3 full baths. The spacious master bedroom has a tray ceiling, walk-in closet, separate shower and a walk-in safety tub. Upstairs there is a fourth bedroom or study / music room and full bath. Out back there is a private patio, storage area, and 2 car carport. HOA is $250.00 per month which includes exterior maintenance, grounds maintenance, pool, tennis, clubhouse, and trash pickup. Morningside is a convenient, highly desirable 55 plus development in the Heart of Cool Springs.