REAL ESTATE TERMS & CONDITIONS
As Is, Non contingent transaction. Buyer to all due dilegence prior to the auction date. Buyer will execute purchase and sale contract at completion of auction and make a $10,000 nonrefundable downpayment per property no later than the monday following the auction. Sale is not contingent on appraisal, inspection or financing. Buyer can have inspection and appraisal done prior to auction and may use financing but MUST close in 30 days. Use the time prior to the auction to complete all due diligence.

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.
If you are being represented by an agent we are paying broker participation IF your agent registers using the broker participation form available on the auction site. Please note that all broker participation forms must be filled out completely and received no later than 48 hours prior to the close of the auction. Broker participation is 3% of the winning bid. Example: Winning bid of $100,000 = $3000 broker participation paid to broker at closing.

This property will be sold subject to the owner's confirmation, which means the owner has the ability to reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. 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 a nonrefundable deposit $10,000. Payment may be made by personal check; cashier's check, wire transfer or cash. The balance is to be paid in full at closing within 30 days. 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 but the auction is not contingent upon it. The contract will not be contingent upon financing, inspections or any other contingencies. Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Blackwell Realty and Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. 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 will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Wilson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Wilson, City of Lebanon, State of Tennessee. 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. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 48 Hours after you are the winning bidder. Blackwell Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.

LOT #1-**Online Auction � 256 Hartsville Pike, Carthage, TN** **3.2� Acres | Smith County | Manufactured Home on Permanent Foundation | Horse Barn** www.BidBlackwell.com Don�t miss your chance to own a beautiful 3.2� acre property located on Hartsville Pike in Smith County. This property features a 2004 manufactured home set on a permanent foundation, offering approximately 1,512 square feet of living space with three bedrooms and two bathrooms. Situated along 117 feet of road frontage, the home combines rural charm with convenient access to Carthage amenities. Inside, you�ll find a spacious layout with a large living area and fireplace, a well-equipped kitchen, and ample natural light throughout. Outside, the property includes a horse barn with four stalls, making it ideal for small-scale equestrian use or hobby farming. The online-only auction will **close on June 26th at 6:00 PM CST** At 5:30 PM CST, bidders may log in and click the �Bid Live� button to listen to the auctioneer in real time and interact with the auction staff. Chris Steele is the managing auctioneer and can be reached at **615-735-7407** for questions, appointments, or additional information. LOT#2- **13 & 15 Davis Lane, Lebanon, Tennessee** **Online Auction � 13 & 15 Davis Lane, Lebanon, TN** **Dual Dwelling Investment Opportunity | Smith County** Located just outside of Lebanon in Smith County, this unique property includes two dwellings situated on a single tract of land. Both structures are manufactured homes and are in extreme disrepair, presenting a prime investment opportunity for buyers seeking rental property renovation projects or potential new building sites. The property is equipped with **two separate electric meters** and **one shared water meter**, offering flexibility for future development or separate tenancy. Whether you're an investor looking to capitalize on rental income potential or a builder seeking new construction opportunities, this parcel provides a versatile foundation in a growing area. This property will be sold via **online-only auction closing Wednesday, June 26th at 6:00 PM CST**, in conjunction with other Smith County properties. For additional information or to schedule a viewing, contact auctioneer **Chris Steele at 615-735-7407**. **Broker Participation:** A 3% commission is offered to any properly licensed real estate agent who registers the successful buyer. Broker registration forms must be submitted no later than 24 hours prior to auction close. Go to **[www.BidBlackwell.com](http://www.BidBlackwell.com)** to access the Broker Participation form. **Terms & Conditions:** A 10% buyer�s premium will be added to the final bid to determine the total purchase price. The winning bidder will sign a purchase and sale agreement and pay a non-refundable $10,000 deposit (credited towards the purchase price) per proprty at the conclusion of the auction. Closing must occur within 30 days. Property is being sold �As-Is, Where-Is� with no warranties expressed or implied. All inspections and due diligence must be conducted prior to bidding. The seller will provide a warranty deed. Announcements made day of sale take precedence over all prior advertising.