SUMMER BALLROOM AUCTION!!

Kennedy Real Estate & Auction Co LLC

 

Date(s) 8/13/2024 - 8/23/2024

Online bidding begins, Tuesday, August 13, 2024 at 1:00 PM (EST) Live auction is Friday, August 23, 2024 at 6:00 PM (EST)

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Bidding Notice:

By placing a bid you are agreeing to all terms & conditions set forth in this auction.

Auction Notice:

Please note that the Buyers Premium is 13% if bidding online and the deposit day of sale is 13% of the contract price.

Auction Information
Name SUMMER BALLROOM AUCTION!!
Auctioneer
Type Live Webcast Auction
Date(s) 8/13/2024 - 8/23/2024
Auction Date/Time Info
Online bidding begins, Tuesday, August 13, 2024 at 1:00 PM (EST) Live auction is Friday, August 23, 2024 at 6:00 PM (EST)
Preview Date/Time See each property for preview dates & times.
Checkout Date/Time All paperwork & deposits must be completed day of sale.
Location
Buyer Premium 13.00%
Description
Come join us Friday, August 23 at 6:00 PM at the Sevierville Civic Center for our Summer Ballroom Auction! 17± properties in Sevierville, Seymour, Knoxville, Gatlinburg &Corryton. Featuring a Gorgeous Lakefront Lot, Beautiful“Farmhouse” nightly rental, Income Producing Rental Cabins,Commercial Investment properties in Sevierville with Huge potential, and a couple of fixer uppers! All commissioned by Estates& Private Sellers. Come have dinner on us and sit in one location tobid and buy at your price, what you may not be able to buy at anyprice in the future!
TERMS: A 10% (13% if bidding online) non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. These properties are being sold as is without contingencies financial or other so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. NOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. August 13, 2024 begins this ten (10) day period. This applies to all improved properties. Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction. The Auctioneer is an agent only and does not represent the buyer. If you are the winning bidder on a property, you will receive an email from us with instructions on how to proceed. If you have any questions, please call our office. 865-908-8611. Kennedy Real Estate & Auction 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. Kennedy Real Estate & Auction Co 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 auction company’s sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 149,000.00 1,000.00 USD
149,000.01 - 199,000.00 2,000.00 USD
199,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 13.00%
Payment Terms
We accept cash or check in USD
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