Auction Information WHY AN AUCTION? The seller has determined that the most cost-effective method of selling this luxury property on a timely basis is to offer it for sale through the accelerated marketing process. Accelerated marketing allows the seller to avoid the costs and length of time associated with a conventional marketing program, while creating competition and ensuring a fair market value for the property. Therefore, the auction will be your only opportunity to purchase this grand estate at your own price.
OFFERING METHOD AND REMOTE BIDDING: On Friday, December 14th, at 5:00 pm CST, the property located at 1553 Jacobs Drive Gallatin, Tennessee 37066 will be auctioned. Live on-site bidding will be held at the house. Phone or absentee remote bidding arrangements can be made for those interested parties who will not be able to attend.
AUCTION REGISTRATION AND TERMS: You can register to bid the day of the auction event…on-site. Simply come a few minutes early and our staff will gladly get you registered and provide you with a bid paddle. A ten percent (10%) down payment will be due immediately after being declared the buyer (cashiers check is not required). The balance is due in cash at closing within thirty (30) days. It is recommended that you secure all financial arrangement prior to the auction, as the Purchase and Sale Agreement does not provide for contingencies of any kind. The Seller will provide at closing a General Warranty Deed, ensuring the property is free and clear of all liens and encumbrances, the title is guaranteed to be fee simple and insurable. 2010 property taxes will be pro-rated @ closing.
VIEWING & INSPECTION: The property will be open and available for viewing and inspection on auction day Friday, December 14th, starting at 2:00 pm CST. It is recommended that anyone wishing to have the property inspected by a professional, make the necessary arrangements and appointments to get those professionals to the property at the above viewing and inspection times. RealtyTrust Auctioneers have provided an extensive website that includes photo galleries, visual tours, floor plans and rendering that are designed to help you complete your due diligence…www.RealtyTrustAuctions.com
BUYER’S PREMIUM: A five percent (5%) Buyer’s Premium will be added to the winning bid price for the property to arrive at the total contract price paid by the purchaser(s). DRIVING DIRECTION: From Nashville International Airport (BNA): Exit the airport and take I-40 W toward Knoxville 1.5 miles to merge onto Briley Pky via Exit 215B (8.6 miles), pickup I-65 N toward Louisville (5.5 miles), merge right onto Vietnam Veterans Blvd. via Exit 95 (8.9 miles), merge onto Gallatin Rd. (US-31) via Exit 9 (3.9 miles), turn right onto Plantation Blvd. – second left onto Jacobs Dr…The property will be on the right
Nashville’s #1 Luxury Real Estate Auction Company… RealtyTrust Auctioneers, LLC is the Selling Agent only. Any announcements made on-site on auction day will supersede any oral or written statements made prior to that time. It is the responsibility of the buyer to determine the accuracy of all information, measurements and specifications of property.