Bidding Notice:

Place absentee bids online here if you can not attend the auction.

Auction Information
Name ABSOLUTE CHANCERY REAL ESTATE AUCTION
Auctioneer
Type Live Webcast Auction
Date(s) 5/16/2024 - 6/13/2024
Auction Date/Time Info
LIVE AUCTION Thursday, June 13th, 2024 at 1pm CST
Preview Date/Time By appointment only. Give us a call to schedule your viewing!
Checkout Date/Time Due at the end of the auction. See terms.
Location
Buyer Premium 1% buyer's premium for online bidders.
Description
LIVE AUCTION Thursday, June 13th, 2024 at 1pm CST 1+/- Acres with a Pond and Two Homes, Road Frontage on State Route 30 Come join us in person or Bid Online (internet fee of 1%) Property Location: 23947 State Route 30 Spencer, Tn. 38585 Map & Parcel: 037 007 Deed Book 7 pg 339 Auction Location: Van Buren Co. Administrative Facility and Justice Center, County Commission Room 1st Floor, 121 Taft Dr. Spencer, Tn. 38585 Also Selling a 4 Door Black Honda Civic Preview: By appointment only. Please give us a call to schedule your viewing! Online Bidding: We do offer online bidding for those who can't make it to the auction on sale day! There will be a 1% Buyer's Premium if bidding online for Real Estate. No buyer's premium onsite. All internet bidders must call RLM Land and Auction to receive and fill out a bidder packet prior to bidding. RLM must have the completed bidder packet by June 12th at 4pm CST. If you have any questions, please give us a call. For more info call real estate broker & auctioneer, Randall Lee Morris at 423-533-2916
Real Estate Terms: All potential buyers must register with sufficient ID, bank letter of credit, and fill out a bidding packet prior to bidding. All internet bidders must have bidder packed filled out and turned in by June 12th at 4pm CST. Winning bidder must have 25% of the sale price paid down at the end of the auction on June 13th, the remainder due within 30 days or less at closing. Payment types accepted cash, check, or wire transfer with valid ID and Auctioneer’s approval or Bank Letter of Credit. All checks must be made payable to RLM Land and Auction Co Firm #00261857. All property will sell AS-IS/WHERE-IS condition with no warranties expressed or implied. All information deemed to be correct but not guaranteed by the auction company. No bid will be contingent upon appraisal value or your financing. Earnest money will be held by RLM Land and Auction. Closing will be conducted by the Law Office of Austin, Davis, Mitchell. 116 East Cherry Street, P.O. Box 666, Dunlap, TN 37327. Car Terms and Conditions: All potential buyers must register with sufficient ID prior to bidding. Winning bidder must pay invoice total in full at the end of the auction on June 13th, 2024. Payment types accepted cash, check, or wire transfer with valid ID and Auctioneer’s approval or Bank Letter of Credit. All checks must be made payable to RLM Land and Auction Co Firm #00261857. All property will sell AS-IS/WHERE-IS condition with no warranties expressed or implied. All information deemed to be correct but not guaranteed by the auction company. Car must be picked up within 7 days by appointment only. RLM Land and Auction is providing Internet bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against the auction company or anyone else if the service doesn't work correctly. RLM Land and Auction will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum before the auction begins. Randall Lee Morris Broker #00290620
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 500.00 50.00 USD
500.01 - 5,000.00 100.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 200,000.00 1,000.00 USD
200,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 1% buyer's premium for online bidders.
Payment Terms
Real Estate Terms: All potential buyers must register with sufficient ID, bank letter of credit, and fill out a bidding packet prior to bidding. All internet bidders must have bidder packed filled out and turned in by June 12th at 4pm CST. Winning bidder must have 25% of the sale price paid down at the end of the auction on June 13th, the remainder due within 30 days or less at closing. Payment types accepted cash, check, or wire transfer with valid ID and Auctioneer’s approval or Bank Letter of Credit. All checks must be made payable to RLM Land and Auction Co Firm #00261857. All property will sell AS-IS/WHERE-IS condition with no warranties expressed or implied. All information deemed to be correct but not guaranteed by the auction company. No bid will be contingent upon appraisal value or your financing. Earnest money will be held by RLM Land and Auction. Closing will be conducted by the Law Office of Austin, Davis, Mitchell. 116 East Cherry Street, P.O. Box 666, Dunlap, TN 37327. Car Terms and Conditions: All potential buyers must register with sufficient ID prior to bidding. Winning bidder must pay invoice total in full at the end of the auction on June 13th, 2024. Payment types accepted cash, check, or wire transfer with valid ID and Auctioneer’s approval or Bank Letter of Credit. All checks must be made payable to RLM Land and Auction Co Firm #00261857. All property will sell AS-IS/WHERE-IS condition with no warranties expressed or implied. All information deemed to be correct but not guaranteed by the auction company. Car must be picked up within 7 days by appointment only.
Please see terms.