Live Webcast Auction
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Price Realized:
351,000.00 USD
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Price Realized 351,000.00 USD
Date Sold 2020-10-31T00:00:00
Date(s)
9/28/2020 - 10/31/2020
Bidding Notice:

IT IS RECOMMENDED THAT YOU PUT IN YOUR MAXIMUM BID AND LET THE COMPUTER BID FOR YOU. THAT WAY, YOU SHOULD NOT HAVE ANY ISSUES WITH SLOWED INTERNET CONNECTION OR POWER FAILURE ISSUES.


Information
Lot # 8
Group - Category Real Estate - Commercial Properties
Lead GROUP PRICE - 2-7 LOTS - 45.39 ACRES
Description
GROUPS FROM 2-7 IS AS A WHOLE ON THIS LOT. LOT 8 HAS TO BE MORE THAN ALL COMBINED LOT PRICES.
Name 45 ACRES LENOIR CITY
Auctioneer
Type Live Webcast Auction
Date(s) 9/28/2020 - 10/31/2020
Auction Date/Time Info
SATURDAY OCTOBER 31ST @10:30 AM
Preview Date/Time ANYTIME - INSPECT AT YOUR CONVENIENCE
Checkout Date/Time .
Location
Buyer Premium INTERNET 13%
Description
Absolute Land Auction Eblen Cave Road Lenior City 45 Acres Selling in 6 Tracts or as a Whole , Barn , Ponds & Spring Beautiful Views Property is open for Inspection Bid Live or Online 5-2 Tract 2 7.53 Acres with Barn Tract 3 8.93 Acres Pond Tract 4 10.03 Acres Tract 5 5.83 Acres Tract 6 5.04 Acres Tract 7 8.03 Acres Spring 4-4 unnamed Directions: From Knoxville Take I-40 East to Buttermilk Road Exit, turn Right .09 Miles, then left on Eblen Cave Road 1.4 Miles to Property. Terms and condition posted at bottom of Page under important information. Auction Conducted with Ronnie Colyer Auction & Realty 1-423-334-5340 Powell Auction & Realty 1-865-938-3403
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 PLUS 1000.00 SURVEY COST PER TRACT, 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 within 30 days. Title One Inc, in Kingston, TN will conduct the closing. Current taxes will be prorated at the date of closing, unless otherwise specified. 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 closing cost to be split between buyer & seller, unless otherwise specified. 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 auctioneers) and employee(s) are representing the sellers) 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. Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time. Terms are subject to change. All announcements made at the auction take precedence over all other advertising and or any type and kind of material. Tracts will sell PER ACRE. Then offered as a whole. ONLINE Auction Terms: Thank you for participating in this Powell Auction & Realty LLC 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. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted tty Powell Auction & Realty LLC. 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 bidder's behalf. AH information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders. Soft Closing : The Auctioneer's online auctions are designed to mimic traditional "live" auction. For this reason, The Soft close will allow extended bidding until no bids are placed for one minute. 10% Buyers Premium is added to all bids to establish total purchase price. If a bid is placed within last two minutes additional minute will be added to ensure everyone gets time to place their bid. New Bidders, please Pre-Register, we will have to approve you to Bid!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium INTERNET 13%
Payment Terms
SEE TERMS ON WEBSITE.... ON REAL ESTATE
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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.