MARTHA DRANE ESTATE

Online Auction in Newbern, Tennessee, United States

09 Wednesday
09th December, 2020

MARTHA DRANE ESTATE

Online Auction in Newbern Tennessee, United States

Wednesday at - 09th December , 2020

Close

Notes

Auction Terms & Conditions Personal Property Terms::This is a store inventory so sales tax will be applied as well as a 12% Buyer's Premium will be added to the final bid price to determine final selling price. Payment and Pick Up is required at specified PICK UP TIME and LOCATION of each Auction and this does vary but is clearly specified at each Auction. All items that have not been picked up will be charged to winning Buyer and payment will be processed with their card of record. Pick up and Shipping is the sole responsibility of the buyer, NOT Ridgely Auction & Realty Staff. If the buyer cannot pick up and pay at preannounced and ordained time and location, call 731-415-1351 and arrange special terms, PRIOR TO BIDDING ON THOSE ITEMS. Auction Terms & Conditions Real Estate Terms: 10% Buyer's Premium will be added to the final bid price to determine final selling price. 10% down required day after auction closes between business hours of 8am-5pm and balance due at closing on or before 30 days after auction for Real Estate. Property information believed to be accurate but not guaranteed. Buyer should independently verify all information prior to bidding. 1. Refresh Bidding: Refresh your screen constantly during the closing minutes of the bidding, or View the "Live Catalog" 2. Bidding Increments: Each Ridgely Auction and Realty auction may have different bidding increments. The software will calculate the next bid amount before submitting the bid. 3. Agency: Ridgely Auction and Realty, Agents and Representatives are agents of the Seller. 4. Buyer's Premium: There will be a twelve percent (12%) Buyer?s Premium (personal property) and a ten percent (10%) Buyer's Premium added to final bid price to determine the final selling price of the auction lot. 5. Auction Ending: Ridgely Auction and Realty Online Auctions are timed events and all bidding will close at a specified time. Ridgely Auction and Realty Online Auctions also have an auto-extend feature. Any bid placed in the final five (5) minutes of an auction, the auction ending will be automatically extended five (5) minutes from the time the bid was placed. Example: If an auction is scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04. The auto extend feature remains active until no further bids are received within a five (5) minute time frame. 6. Time Increase or Decrease: Ridgely Auction and Realty may increase or decrease the extended time amount at any time during the auction until the close of bidding. 7. Outbid Notification: Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, please place a max bid or constantly monitor the auction at close of bidding. Sometimes email notifications can be delayed. 8. Property Information & Inspection: Ridgely Auction and Realty is not responsible for any missing or incorrect listing information. Ridgely Auction and Realty has attempted to provide accurate descriptions. However, it is the bidder's responsibility to conduct any inspections to determine the condition and feasibility of the bidder?s intended use. Descriptions that are provided by Ridgely Auction and Realty are provided in good faith and are matters of opinion. 9. Auctioneer's Discretion: Ridgely Auction and Realty has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Ridgely Auction and Realty or the seller. Ridgely Auction and Realty reserves the right to modify, change, or remove usernames at any time. 10. Server & Software Technical Issues: In the event that there are technical difficulties related to the server, software or any other online auction-related technologies,Ridgely Auction and Realty reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Ridgely Auction and Realty shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary by Ridgely Auction and Realty 11. Terms: 10% OF THE FINAL BID PRICE REQUIRED (Real Estate) as non-refundable earnest money in the form of a certified check, cash or wire transfer within 24 hour of the close of auction, with the balance of purchase price due at closing. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers at registration. Buyer may obtain financing, but said financing is in NO WAY CONTINGENT upon Buyer's obligation to close on the transaction in timely manner. 12. Contract For Sale Of Real Estate: The contract is required to be fully and correctly completed, WITHOUT any modifications and properly signed within 24 hours of Auction closing between 8am- 5pm the next business day. 13. Closing: Property is to be closed within 45 days after the auction. NO EXTENTIONS. Be prepared to close. 14. Closing Costs: Seller and Buyer shall pay a closing fee and document preparation fee. Seller shall also pay for any costs incurred by Ridgely Auction and Realty, as agreed upon in the AUCTION CONTRACT. Seller shall pay no closing costs for Buyer, including any lender's fees or recording fees unless otherwise agreed to in this Contract. 15. Property Condition: Buyer specifically acknowledges herein that the property is being purchased 'AS IS' with all faults and that neither the Seller nor Ridgely Auction and Realty, makes any warranties or representations, expressed or implied, as to the habitability, condition, square footage, acreage or boundary lines of the real property conveyed herein. 16. Hold Harmless: Buyer and or Bidder agrees to hold harmless and indemnify Ridgely Auction and Realty and its Agents, Owners, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. 17. Disputes: Any dispute between Ridgely Auction and Realty, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Carroll County, Tennessee. By bidding on any item, buyer agrees to all terms and conditions set forth. EACH PARTY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES (TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY OF ANY DISPUTE ARISING UNDER OR RELATING TO THIS AGREEMENT AND AGREES THAT ANY SUCH DISPUTE SHALL BE TRIED BEFORE A JUDGE SITTING WITHOUT A JURY. 18. Auction Bidder and/or Buyer Default: Successful Bidder and or Buyer not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning Bidder and or Buyer fails to submit the signed Contract for Sale of Real Estate and earnest money deposit, the winning Bidder and or Buyer shall pay to Ridgely Auction and Realty, as damages, an amount equal to the Buyer's premium or commission percentage, as set forth in said Contract, and any and all expenses incurred by the said Ridgely Auction and Realty, for said auction. Should Buyer's earnest money check be returned for any reason whatsoever, this shall constitute an item of default, and in addition to the remedies previously stated hereinabove, Buyer shall also pay an additional penalty of five percent (5%) of the earnest money check to Ridgely Auction and Realty. Buyer shall also pay a reasonable attorney's fee and costs incurred in the collection of these monies owed by Buyer as a result of Buyer's default. Buyer shall also pay the Seller any damages caused by said breach of contract, including attorney's fees and costs. This shall not preclude the Seller from suing for specific performance of the Contract of Sale, in addition to said damages. It is specifically understood and agreed by and between the Seller and Ridgely Auction and Realty., that in the event the Buyer should default in the terms of this Contract in any manner whatsoever, that the earnest money, or sufficient sums therefore, shall be paid first to the agent for the Buyer's premium or commission percentage, and the balance, if any, to the Seller. Any disputes will be tried in a court of jurisdiction in Carroll County, Tennessee. Ridgely Auction and Realty reserves the right to sell to the next highest qualified Bidder and or Buyer in the event the successful high Bidder and or Buyer does not comply with the terms of the sale. By bidding on the property, buyer agrees to all terms and conditions set forth. The contract is required to be fully and correctly completed, without any modifications and properly signed. A contract that is incomplete, incorrect, or modified in any respect, is considered to be in default. 19. Auction Cancellation ? Bid Rejection: Ridgely Auction and Realty reserves the right to reject any and all bids for any reason. Ridgely Auction and Realty reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding even if a bid has been placed. 20. Title: Purchaser is responsible for purchasing title insurance if desired. 21. Deed: Seller will provide a free and clear deed to the property 22. Possession: Possession will be given at closing. 23. Real Estate Taxes and Closing Cost: UNLESS OTHERWISE STATED IN THE CONTRACT FOR SALE OF REAL ESTATE, all taxes will be prorated to day of closing using the most current available year?s tax amount. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs associated with the purchaser?s side of the sale, including local and state recording fees and any cost associated with the purchaser?s loan. 24. Easements: Subject to any and all easements of record whether recorded or not recorded. 25. Zoning: This property is subject to all state and local zoning ordinances. 26. Acreage & Aerial Photos: Parcel dimensions and acreages are based on legal descriptions. Aerial photos are for illustration purposes only and not surveyed boundary lines. 27. Bidder Verification: The identity of all bidders will be verified. Bidding rights are provisional, and if complete verification is not possible, Ridgely Auction and Realty will reject the registration, and bidding activity will be terminated. The Seller and Ridgely Auction and Realty reserve the right to preclude any person from bidding. 28. Bidder Responsibilities: Bidder responsibilities include, but are not limited to: Bidders agree to keep their username and password confidential, as they are responsible for ANY and ALL activity involving their account. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Auction company employees and/or auction company may bid on auction. We gather aggregate information from the web site which may include but is not limited to: number of page visitors, most visited pages, and any and all correspondence. 29. Guarantee Agreement: By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees earnest money payment to Ridgely Auction and Realty
Close

Description

ONLINE AUCTION ENDS DECEMBER 9, 2020 @ 6 PM CENTRAL PREVIEW DATE IS NOVEMER 20, 2020 FROM 11 AM TO 12 PM AND DECEMBER 7,2020 FROM 9 AM TO 10 AM PICKUP DATE IS DECEMBER 10, 2020 FROM 11 AM TO 4 PM @ 304 W. MAIN ST., NEWBERN, TN. 38059 SELLING FOR THE MARTHA DRANE ESTATE REAL ESTATE, ANTIQUE FURNITURE, AND CONTENTS REAL ESTATE TERMS - 10% BUYERS PREMIUM ADDED TO BID PRICE TO ACHIEVE OVERALL SALES PRICE. 10% DOWN WITHIN 24 HOURS AND BALANCE DUE ON OR BEFORE 30 DAYS. BUYER IS RESPONSIBLE FOR ALL CLOSING COST INCLUDING DEED. PURCHASING PROPERTY AS IS. SELLER WARRANTS CLEAR TITLE AT CLOSING. SELLER PAYS 2020 TAXES. BUYER RESPONSIBLE FOR 2021 TAXES. CONTENTS BUYERS PREMIUM 12% CASH / CHECK AND 15% CREDIT / DEBIT Registration hereby authorizes auction company to charge credit / debit card, if items bid on and won are not picked up on pickup days and times designated. This does not release buyer from obligation to pay. Failure to pickup in timely manner will not release buyer from obligation to pay for and pickup items purchased. If you have any questions, please call me at 731-415-1351

Map

Close

Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Order by
  • Lot #: 1

    BRICK, 3 BEDROOM, 2 1/2 BATH LOCAT...

  • Lot #: 10

    STRIPED STORAGE CONTAINER OF KNITT...

  • Lot #: 11

    SMALL WOOD STOOL

  • Lot #: 12

    MAPLE ONE DRAWER 2 SHELF END TABLE...

  • Lot #: 13

    KING BED FRAME - INCLUDES MATTRESS

  • Lot #: 14

    LONESTAR QUILT TOPPER

  • Lot #: 100

    ELEPHANT COLLECTION

  • Lot #: 101

    CLAXTON UPRIGHT GRAND PIANO - CHIC...

  • Lot #: 102

    COLLECTION OF HYMNAL BOOKS

  • Lot #: 103

    OLD WOOD GLIDER ROCKER

  • Lot #: 104

    2 SHELF WOOD CABINET

  • Lot #: 105

    LARGE COLLECTION OF BOOKS - ENCYCL...

  • Lot #: 107

    NICE DROP LEAF TABLE - NEEDS LEG R...

  • Lot #: 108

    HOME COOKING WOOD HANDLE BOX

  • Lot #: 109

    COLLECTION OF GAMES

  • Lot #: 110

    OLD CLOTH SWIVEL ROCKER

  • Lot #: 111

    OLD CLOTH CHAIR

  • Lot #: 112

    ANOTHER CLOTH CHAIR

  • Lot #: 113

    COLLECTION OF PAINTING SUPPLIES AN...

  • Lot #: 114

    OLD WURLITZER ORGAN AND BENCH

  • Lot #: 115

    ROUND WOOD END TABLE WITH STORAGE

  • Lot #: 116

    VINTAGE COUCH

  • Lot #: 117

    MAYTAG ELECTRIC STOVE

  • Lot #: 118

    STAINLESS STEELE COOKWARE

  • Lot #: 119

    CABINET OF COOKWARE

  • Lot #: 120

    CAREFREE WAYSIDE SYRACUSE DISHES

  • Lot #: 121

    CABINET OF DISHES - PFALTZGRAFF AN...

  • Lot #: 122

    CABINET OF GLASS STORAGE CONTAINER...

  • Lot #: 123

    CABINET OF MISC. GLASSES

  • Lot #: 124

    KITCHEN APPLAINCE COLLECTION

  • Lot #: 125

    GALLOPING GOURMET COLLECTION

  • Lot #: 126

    SUNBEAM CAROUSEL ROTISSERIE

  • Lot #: 127

    FRANKOMA POTTERY COLLECTION

  • Lot #: 128

    DRAWER OF MISC. KNIVES

  • Lot #: 129

    CABINET OF MISC. PANS

  • Lot #: 130

    CABINET OF MISC. JARS AND EXTRAS

  • Lot #: 131

    CABINET OF MIXING BOWLS AND MORE

  • Lot #: 132

    COLLECTION OF BAKING DISHES AND SE...

  • Lot #: 133

    MICROWAVE AND FOOD LOCKER SEALER

  • Lot #: 134

    CABINET OF FRENCH WHITE CORNINGWAR...

  • Lot #: 135

    BLUE FLOWER CORNINGWARE CABINET

  • Lot #: 136

    COFFEE MAKER AND TUMBLERS

  • Lot #: 137

    TEMPTATONS - DISH COLLECTON - CAKE...

  • Lot #: 138

    2 BOXES OF MISC. PLASTCS

  • Lot #: 139

    CABINET OF MISC. PANS

  • Lot #: 140

    CABINET OF BAKING PANS AND COOKWAR...

  • Lot #: 141

    DRAWER OF KITCHEN UTENSILS

  • Lot #: 143

    PYREX COLLECTION - REFRIGERATOR BO...

Order by
Order by
List
Auction Items per page
contact_phone