Name 2 INVESTMENT PROPERTIES - MORRISTOWN, TN
Auctioneer Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 5/27/2021 - 6/17/2021
Thursday June 17th @ 12:00 NOON
Preview Date/Time Wednesday June 16th from 2:00 - 4:00
Checkout Date/Time If you are winning bidder you will receive an email with a contract to sign with further instructions.
Location ONLINE ONLY 908 & 914 WEST 3RD NORTH ST.
MORRISTOWN, TN 37814
Buyer Premium 10 FEE - BUYERS PAY ONTOP OF BID PRICE
Description
Real Estate Auction 2 Investment Properties 908 & 914 West 3Rd North Street Morristown Tennessee Online Only Bidding Starts Closing June 17 12 Noon Open House June 16th 2-4 pm Sale 1 908 West 3Rd North Street 2 Bed Room 1 Bath lot 50 x 125 Property Taxes 434.71 Approx. 886 square Feet Sale 2 914 West 3Rd North Street Lot 50 x 123 Property Taxes 459.17 Approx. 947 square Feet Central Heat & Air Homes need repairs and updates, great location
Auction Terms & Conditions Real Estate Terms: Powell Auction will email winning bidder your contract . The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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 price. US currency cash or approved check. The balance is to be paid in full at the deed closing . By bidding you are entering into a binding agreement. Current taxes, will be prorated at the date of closing, unless otherwise specified. Colonial Title Group, in Morristown, TN to conduct the closing within 30 days. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). 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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts May 24 2021.**Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.** Sale is subject to Owner Conformation --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
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 10 FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
If you are winning bidder Tina will send Real Estate contract with further instructions