Name Online Only Real Estate Auction - 2 Properties to be Sold
Auctioneer Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 10/3/2016 - 10/27/2016
BIDDING ENDS: Thursday, October 27th at 1:00PM
Preview Date/Time Please preview the properties at your convenience
Location ONLINE BIDDING ONLY
 
Buyer Premium 10% Buyer's Premium
Description
2 PROPERTIES TO BE SOLD ONLINE ONLY BIDDING ENDS: Thursday, October 27th at 1:00 PM 1. ABSOLUTE AUCTION ONLINE BIDDING ONLY 115 Shular Drive Seymour, TN 37865 To be sold for the Estate of Edna Inman Sevier County Single Family Home (Poor Condition - Disrepair) Lot Size: 0.41 acre Lot Dimensions: 147.85 x 127.97 IRR Located just off of Chapman Highway DIRECTIONS: From the intersection of 411 and Chapman Highway - Take Chapman Highway toward Knoxville for approximately 1.5 miles. Turn left onto Shular Drive to the property on the left. 2. COMMERCIAL REAL ESTATE AUCTION 2726 Byington Solway Road Knoxville, TN 37931 Sold by the order of Knox County Zoning: I - Industrial Parcel/Tax ID: 090 128 Lot Size: 2.5 acres Located right outside of the WestBridge Business Park Property is adjacent to Karns High School Numerous possibilities surround this property
Auction Terms & Conditions REAL ESTATE TERMS FOR 115 SHULAR DRIVE: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement 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 price. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. 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. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption and Lead Paint Disclosure Waiver will be a part of the sales contract, where deemed applicable. All Information Deemed Reliable, but not Guaranteed. Buyer to Verify all information. REAL ESTATE TERMS FOR 2726 BYINGTON SOLWAY ROAD: ONLINE BIDDING ONLY. Bidding ends Thursday, October 27th at 1:00 PM. IF you are the high ONLINE bidder, then you will by Powell Auction & Realty, LLC by phone and email upon auction ending. Auction IS SUBJECT TO CONFIRMATION by the Development Corporation of Knox County, Tennessee. In no event shall the Development Corporation of Knox County or Powell Auction & Realty LLC, be liable for any indirect, incidental, consequential, special or exemplary damages or lost profits, even if Knox County has been advised of the possibility of such damages. As the high bidder, you will need to sign the real estate purchase agreement WITHIN 24 hours of auction ending and pay a deposit of 10%. US Currency Cash OR Approved Check. 5% buyer's premium added to final price to establish total contract sales price. All properties are sold AS-IS, WHERE-IS, without warranties or guarantees of any kind. Sold without financing or other contingencies. Real estate property taxes will start at closing for the buyer. ALL information is from tax records and are approximate and not guaranteed. Owners and/or Auctioneer makes no warranty as to accuracy of information. Bidder shall verify all information to their satisfaction prior to bidding. All sales are FINAL and sold AS-IS, WHERE-IS, WITH ANY AND ALL FAULTS. Property will be transferred with a Quit Claim Deed. Sellers OR Sellers' Agent makes NO Warranties on these properties or that Title Insurance can be obtained and the buyer is advised to seek legal counsel. 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. 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. --------------------------------------------- ------------------------------------------ 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 50.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
10% Buyer's Premium 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.