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.

AUCTION � 3BR Home in Roanoke, VA � Investor & Landlord Opportunity! 4102 Vermont Ave, Roanoke, VA 24017 Online-Only AuctionBidding Opens: November 21, 2025 at 6:00 PM Soft Close: December 18, 2025 at 12:00 PM Discover a great investment opportunity in the heart of Roanoke! This 3-bedroom, 1-bath home with a full basement is ideally located in-town and just minutes from shopping, dining, schools, and major conveniences. Whether you�re looking for your next rental property, a flip project, or a long-term cash-flow performer, this property checks all the boxes.Built in 1972, this home features 973 sq ft on the main level and a 956 sq ft basement, offering a total of 1,929 sq ft of finished living area. The layout provides excellent flexibility for investors seeking to add value through renovation or repositioning the property for rental income.Located approximately 30 minutes from Smith Mountain Lake, this property enjoys proximity to one of Virginia�s most popular recreation destinations while still being conveniently positioned within the Roanoke city limits. The surrounding market offers strong rental demand and excellent investor upside. Property Highlights 3 Bedrooms / 1 Bathroom 1,929 Total Finished Sq Ft Full Basement with Exterior Access1972 Construction � Solid Layout for ImprovementsIn-Town Location � Close to Everything Roanoke Offers.15 Acre Lot � Low MaintenanceStrong Rental Market 30 Minutes to Smith Mountain LakeIdeal for Investors, Landlords, or Flippers Auction Details Online-Only Auction Bidding Opens: November 21, 2026 at 6:00 PM Auction Ends: December 18, 2025 at 12:00 PM (Soft Close) Inspection: Contact JD�s Realty & Auction to schedule a viewing A 10% Buyer�s Premium will be added to the winning bid Sold AS-IS with no contingencies Financing permitted, but sale is not contingent on financing approvalHow to Bid Visit JDsAuctions.com Find the auction titled �4102 Vermont Ave � Roanoke, VA Investors and landlords�this is your chance to buy at your price. For questions or showing appointments, contact: Jarrod Hines 540-250-2964 Jason Deel VA Auctioneer 2907004984