Live Webcast Auction
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Price Realized:
30,000.00 USD
Shipping Not Available
Price Realized 30,000.00 USD
Date Sold 2022-08-13T00:00:00
Date(s)
7/21/2022 - 8/13/2022
Bidding Notice:

If you will be unable to attend the auction, you may place your bids here.


Information
Lot # 1
Group - Category Real Estate - Residential
Lead Tract 7 4.927 Acres
Description
Tract 7 4.927 Acres
Name Absolute Auction
Auctioneer
Type Live Webcast Auction
Date(s) 7/21/2022 - 8/13/2022
Auction Date/Time Info
8/13/2022 10:30 AM
Preview Date/Time 8/12/2022 4:00-6:00 PM
Checkout Date/Time 8/13/2022 2:00 PM
Location
Buyer Premium BP is 11%
Description
ABSOLUTE AUCTION 17.98 ACRES SUBDIVIDED INTO LARGE TRACTS OPEN ROLLING GRASSLAND WITH SPECTACULAR VIEWS SATURDAY AUGUST 13TH @ 10:30 AM Location: Union Grove Road, Russellville, TN 37860. Directions: From I-81, take exit 15. Turn onto Fish Hatchery Road. Turn right onto Union Grove Rd, property on the left. Watch for signs. Land: 17.98 acres subdivided into large tracts. Tracts will be offered individually, in groups, and as a whole. We encourage you to drive or walk over these fine tracts. Inspection: Auction Company representatives will be onsite Friday, August 12th from 4:00 PM to 6:00 PM. You may register and obtain a bidder number at this time. Call Ritchie Broyles at 423-312-2604 with any questions, or to discuss bidder process prior to auction. Utilities: Public power and water available. Terms: Real Estate: 10% down day of sale with balance due at closing in 30-days. A 10% buyer's premium will be added to the final bid price for onsite bidders. An 11% buyer's premium will added to online bidders. Personal Property: Cash or approved check day of sale. A 10% buyer's premium will be added to the final bid price. We will accept debit/credit cards. A 3.5% convenience fee to be applied to the debit/credit transaction. Online Bidders: A 15% buyers premium will added to the final bid price. Comments: This property offers an ideal location for many types of buyers such as home builders, gentlemen farmers, and land speculator! This property captures the essence of what people imagine when they dream of owning a piece of East Tennessee.
Thank you for participating in this online and live auction held by Broyles Real Estate and Auction Co., LLC. It is important that you familiarize yourself with these terms and conditions of the sale. If you do not agree with any of the terms and conditions, DO NOT BID. You will be bound by these terms and conditions. Auctioneer may withdraw, extend, or rearrange any property or item(s) at their sole discretion at any time without notice and will not be liable for any computer, website or internet malfunction. All properties are sold, "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidders behalf. All information is deemed reliable, but not guaranteed, buyer is to verify ALL information, to their satisfaction before bidding. It is up to the auctioneer to approve or disapprove bidders. Groupings: We reserve the right to group and regroup the tracts as we see fit by adding ten percent (10%) to reopen the bid regardless of purchaser or purchases. Smaller groupings will be considered first. Tracts must be joining to form a group. We will not split a buyer's tracts to form a group if the tracts join. After all smaller grouping requests have been met, we will then offer the farm as a whole by adding ten percent (10%) to reopen the bidding. In any event the auctioneer has the final say as to any groupings or disputed bids. Internet bidders: 11% buyers premium will be added to the final bid price. The winning bidder will be emailed the Purchase Contract and all associated documents via Authenesign after the conclusion of the estate auction. The bidder will have 72 hours to bring in or mail in the 10% earnest money deposit to Broyles Real Estate and Auction with balance due at closing in 30-days.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50,000.00 2,500.00 USD
50,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium BP is 11%
Payment Terms
Approved Check
None