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09.19.17 - REAL ESTATE AUCTION- KNOXVILLE INVESTMENT PROPERTY

Dates & Times (US/Eastern)

In-person:
Tue, Sep 19, 2017 12:00 pm - 5:00 pm

Sale Address

Sale Description

Absolute Real Estate Auction

Tuesday, September 19th at 12:00PM

KNOXVILLE INVESTMENT PROPERTY SELLING TO THE HIGHEST BIDDER REGARDLESS OF PRICE

LIVE ONSITE BIDDING ONLY

2815 Browning Avenue Knoxville, TN 37921

2 Bedrooms & 1 Bath

Approx. 987 SF

Rented for $650.00 per month (month-to-month)

Detached Storage Building

Year Built: 1920

Lot Size: 0.16 acre (50 x 140)

Parcel/Tax ID: 094ih017

Tax Appraisal: $45,200.00

Total Taxes: $570.00

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 deed closing within 30 days. Buyer is responsible for paying all taxes (current & delinquent), All closing costs, deed preparation, title opinion, title insurance and recording fees. 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. Mobile Homes are sold WITHOUT Titles!  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.

ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping.Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. 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. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding.

TNFL735

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