BANKRUPTCY REAL ESTATE AUCTION 668 Watterson Gap Road Surgoinsville, TN 37873

ONLINE BIDDING ONLY BIDDING ENDS: Monday, April 3rd at 10:00AM

CLICK HERE FOR ONLINE BIDDING

 Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Greeneville Case #: 2:16-bk-50563-MPP

BIDDING STARTS: Monday, March 20th at 10:00AM

BIDDING ENDS: Monday, April 3rd at 10:00AM

Hawkins County, TN

Approx. 900SF main level

Home in need of renovation completion

3 bedrooms & 1 bath

New windows and trim

Laminate flooring on main level and hardwood flooring upstairs

Year built: 1935

Lot Size: 0.97 acres (214 x 198)

Tax Appraisal: $24,200.00

Total Taxes: $153.20

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. Heritage Title, to conduct the closing. 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 March 20, 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.