Auction Information WHY AN AUCTION? The seller has determined that the most cost-effective method of selling this 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 property at your price.
OFFERING METHOD AND REMOTE BIDDING: On Thursday, June 14th, at 12:00 noon CST, the property located at 180 N. Belvedere Drive, Gallatin Tennessee 37066 will be auctioned. Live on-site bidding will be held at the property. This offering has no reserve or minimum bid, and will be selling absolute to the highest bidder.
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%) earnest money 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. 2012 property taxes will be pro-rated @ closing.
VIEWING & INSPECTION: The property will be open and available for viewing and inspection on auction day Thursday, June 14th, starting at 10:00 a.m. 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 is designed to help you complete your due diligence…www.RealtyTrustAuctions.com
DRIVING DIRECTION: From downtown Nashville I-65 North (6.9) mile to Exit #95 (Vietnam Veterans Blvd.) toward Gallatin (8.9) miles…merge onto US-31E via Exit #9 (5.9) miles to left on N. Belvedere Drive…Sumner Crossing will be on the left.
BROKER PARTICIPATION: RealtyTrust Auctioneers, LLC agrees to pay one percent (1%) of the final winning bid price, to any properly licensed Buyer Broker who registers a successful buyer according to the Buyer Broker Referral guidelines. To obtain these guidelines, please visit our website at www.RealtyTrustAuctions.com and simply click on REGISTATION at the top of the page.
Nashville’s #1 Commercial 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.