Type of Sale: Court Ordered Auction Docket # 2023-PR-19 in Grainger County. Online Only
NO BUYERS PREMIUM
The Chancery Court, Probate Division, Grainger County, TN has commissioned Jackson Real Estate & Auction to sell ONLINE ONLY 480 Edmondson Rd, Washburn, TN. Tax Map 056 Parcel 006.00.
New Survey is recorded. It is the Buyer's responsibility to measure and inspect to their satisfaction prior to bidding. There shall be no warranty or guarantee of any kind expressed or implied. Property to be transferred by Clerk & Masters Deed, Vickie Greenlee, Grainger County Clerk & Master.
The successful bidder will make a 10% deposit directly to the Grainger County Clerk & Master's office located at 270 Justice Center Drive, Rutledge, TN 37861. 865-828-4436 - Vickie Greenlee, Clerk & Master by June 28, 2024.
Auction begins 5-22-24 and begins to soft close 6-22-24 @ 10 AM.
Location: 480 Edmondson Road, Washburn, TN 37888.
Map 056 parcel 006.00, Grainger County, TN.
2023 property taxes will be assumed by Buyer and is estimated at $470.96. Buyer shall also assume all of the 2024 taxes as part of this purchase.
Participation Requirements: Valid Credit Card required to participate.
Payment Options: You will close with the Grainger County Clerk & Master's office located at 270 Justice Center Drive, Rutledge, TN 37861. 865-828-4436 - Vickie Greenlee, Clerk & Master.
Currency Type: USD
Preview / Inspection Date & Time: Drive by the property any time to view the property.
Real Estate Terms: Jackson Real Estate & Auction will email the 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 directly to the Grainger County Clerk & Master's office located at 270 Justice Center Drive, Rutledge, TN 37861; 865-828-4436 - Vickie Greenlee, Clerk & Master by June 28, 2024. The earnest money must be paid by a CASHIERS CHECK in US dollars. The balance is to be paid in full at the time of closing.
By bidding you are entering into a binding agreement. Property to be transferred by a Clerk & Masters Deed. The Buyer is responsible for title opinion, title insurance & recording fees. The Buyer is to obtain his/her own financing. Closing to occur 30 days following the sale and is subject to court approval. The contract will not be contingent upon any survey, financing, inspections, or any other contingencies. The Buyers are responsible for all property taxes and assumes any and all property taxes from any previous years as well as the current taxes. Jackson Real Estate & Auction 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 the bidder's behalf. All measurements, acreage amounts, 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 Waiver will be part of the sales contract. All personal property onsite will convey to the new Buyer at closing.
Jackson Real Estate & Auction reserves the right to withdraw, without notice, any items in the auction at any time. Thank you for participating in this Jackson Real Estate & Auction Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions.
Jackson Real Estate & Auction will not be liable for any computer, internet, or website malfunctions. Bidding will continue until all bidding has ceased for 1 minute. Time clock is managed by the computer.
This property is sold "AS IS, WHERE IS and WITH ALL FAULTS that may or may not exist". This property is sold without any warranties expressed or implied or guarantees of any kind. The Auctioneer reserves the right to approve or disapprove any and all bidders.
ALL BIDDERS MUST REGISTER TO BID AT THIS AUCTION. There are NO CONTINGENCIES of any kind granted to the Bidder / Buyer of this property. All Bidders / Buyers are stating by bidding that they have the necessary funds to close this transaction and that they have performed all of their due diligence regarding this purchase and are satisfied with this property. . NO NEW SURVEY IS BEING PROVIDED AND THE CURRENT RECORDED DEED IS BEING TRANSFERRED TO THE BUYER(S).
The Auctioneer reserves the right to amend, change or update these terms and conditions at any time without notice. Bidders should check back often to see if any changes, amendments, or updates have been made.
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