Terms and Conditions for Online Auctions

Terms: 20% Down and the Balance in 20 Days with 10% Buyer's Premium added to Purchase Price. Following the Auction, Purchasers will sign a Real Estate Auction Contract with 20% Down with the remaing balance due on or before August 22nd, 2016. Closing will be at Choice Title in Ringgold, GA.

Buyer's Note: Prior to the Auction, all prospective purchasers should examine the property and all surrounding documentation carefully as each bidder is responsible for evaluating the property and shall not rely on the Sellers or the Auctioneers. Sellers and Auctioneers are assuming that the bidders have inspected each property and are satisfied and accept it "As-Is" without any warranties, expressed or implied, as to improvements, soil condition, environmental and wetlands, zoning, or mineral rights. Personal onsite inspection of the property is recommended. The failure of any bidder to inspect or be fully informed as to the condition of all or any portion of the properties offered will not constitute grounds for any claim or demand for adjustment or withdrawal of a bid, offer, or deposit money after it's opening tender. All information was obtained from sources believed to be correct. Although every precaution has been taken to insure accuracy, Potts Auction Company and all their agents and the Sellers and all their agents will not be responsible for any errors or omissions herein.

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