Bidding Terms and Conditions of Real Estate Auction

Online Only Auction
All announcements day of sale take precedence over any previously advertised material.
Thank you for participating in this online auction event (the "Auction"). Please read these Terms & Conditions carefully. By placing a bid, you agree to be bound by all conditions of sale outlined below.

Auction Firm
JD's Realty & Auction, LLC (referred to herein as "Auction Firm" or "Auctioneer") is conducting this auction as the sole licensed auctioneer and real estate brokerage firm.

Inspection
The property is available for inspection by appointment. Real estate agents may show the property to prospective buyers by scheduling an appointment and completing buyer registration.

Registration
All bidders must register with the Auction Firm prior to bidding. Online bidders must complete the online registration process. By registering, all bidders acknowledge and accept these Terms & Conditions.

Agency
The Auction Firm and its agents represent the Seller only in this transaction. Any cooperation with buyer agents or referring brokers is as a courtesy and does not create an agency relationship with the buyer.

Contracts & Deposit
The high bidder shall sign the Purchase and Sale Agreement and deliver a non-refundable deposit equal to ten percent (10%) of the bid price at the conclusion of the auction, or the next business day if after business hours.� Deposits must be made by check or wire transfer. Upon the Seller�s confirmation of the sale, the Purchase and Sale Agreement shall be binding on both Buyer and Seller and may not be revoked or terminated by either party except as expressly provided in the Agreement.

Auction Method & Closing
This auction is online only. The property is selling subject to seller confirmation.

Closing shall occur no later than 30 days following the auction. Time is of the essence. The Buyer will pay customary closing costs. The Seller will convey the property via General Warranty Deed and provide clear title. Possession is granted at closing.

Buyer's Premium
A 10% Buyer's Premium will be added to the high bid to determine the Total Purchase Price.

Pre-Auction Offers
The Seller reserves the right to accept a pre-auction offer and cancel or modify the auction at any time.

Contingencies
No contingencies will be accepted for financing, inspections, or appraisals. The property is selling AS-IS, WHERE-IS.

Condition of Property
The property is sold in AS-IS, WHERE-IS condition with no warranties or guarantees expressed or implied by the Auction Firm or Seller. Buyers are encouraged to conduct all inspections prior to bidding.

Technology Disclaimer
JD's Realty & Auction may utilize third-party bidding platforms or services. The Auction Firm is not liable for missed bids or errors due to technological failures, internet disruptions, or service provider issues.

Force Majeure
The Auction Firm shall not be held liable for delays or inability to perform due to acts of God, war, government regulation, pandemic, natural disaster, or events beyond its control.

Broker Participation
Referring brokers are eligible for a commission of the high bid amount, provided they:
- Register their client in writing before any contact is made with Auction Firm
- Remain actively involved in the transaction through closing
- Send JD's a copy of the Buyer Representation agreement.

High Bidder Notification
Winning bidders will be notified by email only. Bidders are responsible for monitoring their email and completing contract obligations on time.

Jurisdiction & Venue
This agreement and any related disputes shall be governed by the laws of the State of Tennessee. All legal actions or claims must be filed exclusively in Anderson County, Tennessee.

Buyer Beware
By placing a bid, the bidder acknowledges that they have had an opportunity to inspect the property and are purchasing it AS-IS, WHERE-IS, and AS-INSPECTED, with all faults. The Auctioneer reserves the right to place bids on behalf of the Seller.

Final Note
These Terms & Conditions may only be modified in writing by JD's Realty & Auction. By registering and placing a bid, you acknowledge that you have read and understood all terms stated herein.

Nestled in the peaceful foothills of Cumberland Gap, this property blends quiet Appalachian living with convenient access to nearby amenities. Set on approximately 1.58 +/- acres, the property offers room to breathe and grow whether you�re seeking a serene retreat, a rental investment, or a full-time residence away from the bustle of city life. Built in 1960, the home spans roughly 1,377sqft with 1 bedroom and 1 bathroom. This single level home provides comfortable living space and an easy renovation footprint for buyers who love the idea of making a home their own. The setting is truly what makes this property special. Surrounded by lush countryside and mountain views, 190 Hooper Cemetery Road captures the natural charm that defines Cumberland Gap, a community steeped in history and timeless appeal. The property is equipped with a private well and septic system, offering self-sufficiency and reduced utility costs � a valuable feature for rural living. A new heat pump will be needed, giving the next owner an opportunity to upgrade the home�s climate system to suit their preferences. You�re just minutes from the town center, yet far enough to enjoy the quiet calm of rural Tennessee. The property�s gently sloping yard and mature trees provide privacy and beauty in every season, with plenty of space for outdoor living or pets. Whether you�re an investor looking for value and acreage, a homeowner ready to embrace small-town living, or a renovator searching for your next project, this property checks all the right boxes. Don�t miss your chance to own a piece of Cumberland Gap charm. **Includes contents of home** **Please note, it has been determined that the 25ft easement is the Skyview Ln road behind the property. The family used to own all of the surrounding property and it was divided into separate tracts with the 25ft easement created has the main road for these tracts.** Principal Auctioneer Jason Deel TAL #6826 Affiliate Auctioneer Maggie Johnson TAL #7540