Online Only Bankruptcy Auctions

Date: 08/23/2018

Time: 12:00PM

Location: Online Bidding Only

Office: Knoxville

Agent: Kenny Phillips

Online Only Bankruptcy Auction

Bidding begins: Friday, August 17th at 10:00 AM

Bidding ends: Thursday, August 23rd at 12 NOON

Cowan Lane La Follette, TN 37766 selling on behalf of the U.S. Bankruptcy Court  | Case No. 17-32548-SHB

Brock Rd Maynardville, TN 37807 selling on behalf of the U.S. Bankruptcy Court | Case No. 18-30348-SHB

Cowan Lane La Follette, TN 37766 in Forks Grove Village Subdivsion

Parcel ID: 077E A 012.00

2017 Property Taxes: $73.13

Property to close on or before September 12, 2018


Brock Rd Maynardville, TN 37807

Parcel ID: 082 042.00

2017 Property Taxes: $66.87

 

BANKRUPTCY REAL ESTATE 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. Cowan Ln to close on or before September 12, 2018. M&M 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 (ONLY) 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. Buyer to verify ALL information to their satisfaction prior to bidding.

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.