Auction Information
Name LENOIR CITY ABSOLUTE REAL ESTATE AUCTION
Auctioneer
Type Live Webcast Auction
Date(s) 8/9/2018 - 8/30/2018
Auction Date/Time Info
Bid Live Onsite or Online: Thursday, August 30th at 12 NOON
Location
Buyer Premium INTERNET 10%
Description
ABSOLUTE REAL ESTATE AUCTION 1030 Hickory Creek Rd Lenoir City, TN 37771 Bid Live Onsite or Online: Thursday, August 30th at 12 NOON Selling absolute to the highest bidder without minimum or reserves! 3 bed room, 1 bath Mobile home with additions added New storage building, Large work shop Fenced back yard Approx 1 acre , Great location Property selling with shop full of tools and all personal property Property taxes: $477.93
TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at closing on or before September 14th, 2018. Maryville Title to conduct the closing. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification will be a part of the sales contract. Lead-Based Paint inspection starts August 10th 2018. Internet Bidding Powell Auction & Realty LLC will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication's, before, during or after the auction. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auctions sole discretion.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium INTERNET 10%
Payment Terms
You may pay cash or check day of Auction ONLY otherwise ALL PURCHASES WILL BE CHARGED TO YOUR CREDIT CARD ON FILE THROUGH HI-BID. ANY DECLINED CREDIT CARDS WILL BE CHARGED $30 SERVICE FEE, REGARDLESS OF REASON. PLEASE MAKE SURE YOUR EXPIRATION DATES ARE UP TO DATE.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.