Name ONLINE ONLY BANKRUPTCY REAL ESTATE - Cleveland, VA
Auctioneer Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 1/19/2017 - 2/27/2017
ONLINE BIDDING STARTS: Saturday, February 25th at 9:00AM ONLINE BIDDING ENDS: Monday, February 27th at 12:00PM
Preview Date/Time Please call Powell Auction & Realty, LLC at 865-938-3403 to setup a property viewing.
Checkout Date/Time Closing to occur within 20 days of cort approval.
Location 144 Sutherland Drive
Cleveland, VA 24225
Buyer Premium 10% Buyer's Premium
Description
ONLINE ONLY BANKRUPTCY REAL ESTATE AUCTION 144 Sutherland Drive Cleveland, VA 24225 Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Greeneville – Case #: 2:16-bk-50843-MPP ONLINE BIDDING ONLY BIDDING STARTS: Saturday, February 25th BIDDING ENDS: Monday, February 27th at 12 NOON Basement Ranch Style Home 3 bedrooms & 1 bath Central Heat & Air Corner Lot Oak flooring Unfinished basement Updated vinyl windows Wheelchair ramp
Auction Terms & Conditions TERMS: 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 total sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. Bankruptcy Sale is Subject to Court Approval. The balance is to be paid in full at deed closing within 20 (TWENTY) days, after Court Approval. Property to be transferred with a Trustees Deed ONLY. Seller will provide Trustees Deed ONLY. Title Opinion, Title Insurance, Document Recording & ALL CLOSING COST will be the Responsibility of the Buyer. Buyer is Responsible for ALL Property Taxes Current, Delinquent, fees & any penalties. No Extensions. 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. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption and Lead-based paint inspection waiver will be a part of the sales contract. Lead-based paint inspection period begins February 13th, 2017. 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 - 9,999,999.99 250.00 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.