Online Only Athens, TN Real Estate Auction

Date: 07/20/2021

Time: 7:00PM

Location: Online Bidding Only

Office: Knoxville

Agent: Kenny Phillips - #2385

Online Only Real Estate Auction

Athens, TN Home

BIDDING STARTS CLOSING: Tuesday, July 20th at 7:00pm

OPEN HOUSE: Friday, July 16th from 2-4PM 

Sale conducted in conjunction with Ronnie Colyer Auction & Realty 423-506-0990

418 Pope Street | Athens, TN 37303

McMinn County

Basement Ranch home on corner lot 

2 bedroom | 1 bath

Oak hardwood flooring

Oak kitchen cabinetry

Open living room with built-in bookcases

Garage basement

One room in basement is partially framed

Fenced backyard

Central heat and air 

Year Built: 1948

Lot Size: 100 x 60

Parcel/Tax ID: 056F E 054.00

Property Taxes: $472.13 (City and County Taxes)

Real Estate 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. 

Reliance Title of TN will conduct the closing.
Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller.

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. 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.  Property is being sold AS IS, sale is exempt from Tennessee property disclosure.

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale.
If you do not agree with any of the terms and conditions stated, DO NOT BID.
You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC.

All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent 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. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.