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 (credited towards purchase price at closing) no later than 48 hours 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. All of our clients have very realistic expectations and are motivated to sell their property. 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 (Purchase and sale Agreement) at the completion of the auction, 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.

**Virtual Auction 3 Bed / 2 Bath Home on 1.54+/- Acres at 150 Turkey Creek Highway, Carthage, TN** Welcome to this incredible investment opportunity located in scenic Carthage, TN! This 3-bedroom, 2-bathroom home offers 1,779+/- square feet of living space on a spacious and private 1.54+/- acre lot. Surrounded by mature trees and tucked just outside the heart of Carthage, this property provides peaceful seclusion with convenient access to town. Enjoy proximity to local amenities including historic downtown Carthage, the Cumberland River, Cordell Hull Lake, and just a short drive to Lebanon or Cookeville. While the home is in need of some repairs and updating, it presents a fantastic canvas for renovation and personal customization. Whether you're a first-time buyer with vision, an investor, or a flipper, this property offers exceptional value and upside potential. **Virtual Auction Details:** This property will be sold through a **Virtual Online Auction** that closes **Thursday, August 28th at 6:00 PM CST**. At **5:30 PM**, a "Bid Live" button will begin flashing on the bidding platform. Click the button to join the auctioneer live and participate in the final bidding sequence with real-time audio. **Bidding and property details available at:** [www.BidBlackwell.com](http://www.BidBlackwell.com) **Terms & Conditions:** ***$10,000 Non-Refundable Down Payment** due within 48 hours of auction close (credited toward the purchase price). * **Purchase and Sale Agreement** must be executed immediately following the auction. * **10% Buyer's Premium** will be added to the high bid to determine the final contract price. * This is a **contingency-free transaction**. Buyers are strongly encouraged to complete all due diligence prior to auction close. * A sample Purchase and Sale Agreement is available for review here: [Purchase & Sale Agreement (https://blackwellrealtyandauction.com/wp-content/uploads/BLANK-PURCHASE-and-SALE-AGREEMENT_FILL_-IN_THE_BLANKS.pdf) **Showings:** Property viewings are available by appointment only. Contact Managing Auctioneer Christine Sawyers at **615-995-5095** for more information or to schedule a showing. **Broker Participation:** A **3% Broker Participation** commission is offered to licensed agents representing qualified, pre-registered buyers. Broker registration must be submitted at least 48 hours prior to auction close. [Broker Participation Form] (https://blackwellrealtyandauction.com/wp-content/uploads/BW-Broker-Participation-Form.pdf) Don't miss this opportunity to purchase a home with acreage in Carthage, TN. With great bones and an excellent location, this property is full of potential!