ONLINE ONLY ABSOLUTE AUCTION 18 +/- Acres of Mostly Tillable Farm Land. Property is located at Railroad Street & Purdy Road, Selmer, TN 38375. Selling to Settle the Estate of Etta Kennedy - Owner Agent. Online Bidding Begins - August 24 - 2:00 PM and Online Bidding Ends - August 31 - 2:00 PM. For further information, online bidding and complete terms & conditions for this upcoming auction, please visit our website. The $48,900 price/estimate on this listing reflects the McNairy County tax appraisal only and should not be viewed as any type of reserve. Partial Terms & Conditions: 10% Buyer's Premium. The total non-refundable deposit due day of sale from buyer is 15% of the total sales price (high bid + 10% Buyer's Premium). Balance of the total sales price is due at or before closing. Closing shall occur on or before October 17, 2017. All property is sold in "As Is, Where Is" condition. Auction Company shall pay any buyer's broker who properly registers a client (24 hours Prior to Auction Ending Time) and subsequently closes the transaction a fee of 2% of the high bid. Lead-Based Paint Disclosure: The 10-day period for all lead-based paint inspections will occur prior to the Auction date. All bidders must sign a waiver of the 10-day post sale inspection period.
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