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for that item. This amount will always be kept secret. Whenever someone else places
a bid, our auction software will automatically enter the lowest possible bid for
you, up to your maximum bid, until you are the winning bidder.
FInance - Public Property
Property Address: 307 Grace Street, Nashville, TN 37207Starting Bid: $15,665.00
Map / Parcel Number:
Deed Book / Page:
See Tax Assessor Records
BEFORE BIDDING contact Metro Planning, Codes & Zoning to determine if this site is suitable for your intended use. Bidder is encouraged to perform their due diligence before bidding.Please Note: Your Financing Needs to be In Place Prior to Bidding
Contact Info and Helpful Links:
Jerry Spence - Finance - Public Property Administration615-880-1987Tax Assessor's OfficeRegister of Deeds Office
Special Instructions for this Auction:
If you need to obtain financing to purchase this property, contact a bank, mortgage broker or another lender of your choosing. The Metropolitan Government of Nashville & Davidson County does NOT provide financing for ANY buyer(s).
The following real property is being sold without any stated or implied warranty of condition of real property or representation that there are any buildings or structure erected upon it. It will be the responsibility of the bidder to verify that any improvements such as utilities are in place. Purchasers are strongly encouraged to research each parcel before submitting a bid. Information on each parcel is available from the Tax Assessor's Office, 800 2nd Ave. N (tax history & maps) and the Register of Deeds Office, 501 Broadway (title search) as well as other sources. The purchaser shall be liable for payment of taxes assessed against the property. The information above is intended to provide general information only and should not be relied upon as legal advice. Consult an attorney regarding legal questions and/or any changes in the laws of the State of Tennessee governing the sale of real property.
Metro warrants no information furnished herein. It shall be the responsibility of each bidder to verify this and any other information furnished.
By submitting a bid on this property, each Bidder agrees to the following: -- Metro reserves the right to refuse any and all bids. -- No online payments will be accepted for this property. -- All payments must be in the form of a Cashier’s Check made payable to The Metropolitan Government of Nashville and Davidson County. -- Metro requires a good faith deposit (wire transfer) in the amount of 5% of the winning bid. This deposit must be received by the Division of Public Property Administration no later than the close of business on the 5th business day after the bid has been awarded. -- Upon receipt of the Good Faith Deposit, Metro will furnish to Buyer an Agreement of Sale, specifying: ---- the Property Address ---- Map/Parcel Number ---- Contract Price ---- amount and date of Good Faith Deposit made ---- Closing Date for transfer of Special Warranty Deed. -- Failure to comply with winning bidder’s obligations as set forth in these Special Terms and Conditions will result in an assessment of all associated expenses including, but not limited to, advertising and legal fees for the collection of same. -- The winning bidder will have 60 calendar days from the date that the Good Faith Deposit is received and the Agreement of Sale is signed to close the purchase of this property. Failure to close within the specified time without prior written approval by Public Property Administration & Metro Legal Department, may, at the option of the Seller, void any agreement between Metro (the Seller) and the winning bidder ( the Buyer) and any good faith deposit will be forfeited. -- Property will be conveyed by Warranty Deed. -- The conveyance is subject to any and all existing easements, sanitary sewer, utility or other easement, whether or not recorded as a public record.
--Metro is under Contract with Community Title Company, LLC for Title/Closing Services.
Successful bidder should coordinate Closing proceedings with:
John Cobb Rochford
Community Title Company, LLC
2200 Abbott Martin Road, 201A
Nashville, Tennessee 37215
Office: (615) 269-7676
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