Bankruptcy Commercial Building / Vechicle /Equipment/ Sweetwater Tennessee

Date: 06/15/2021

Time: 12 noon

Location: Online

Office: Knoxville

Agent: Kenny Phillips #2385

Bankruptcy Auction

Commercial Building Sweetwater Tennessee

 Online Bidding 

Bidding Starts Closing June 15th  12 Noon

Case Number 3:21-BK-30388-SHB

Valley Printers Inc

701 New Highway 68 Sweetwater Tn 

Approx. 10,125 Square Feet office and warehouse 

Warehouse  Approx. 7,125 Square feet Balance office 

1.9 Acres 

Parcel ID 023 043.06

A open House June 14 12-2 Pm 

 2004 E250 Ford Van ( need Catalytic converter )

Vehicle and Equipment payment in full day of sale 10% buyers premium added to all bids  

Shinohara Printing Press

 Auction Conducted in Conjunction with Ronnie Colyer Auction & Realty  1-423-506-0990

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 / Trustee Approval. The balance is to be paid in full at deed closing within 20 (TWENTY) days, after Court / Trustee 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 (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. Properties are being sold with tenants in possession subject to any rights they may have under the law.
Reliance Title Company to conduct Closing. 
ONLINE Auction Terms: 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.
Soft Closing : The Auctioneer’s online auctions are designed to mimic traditional “live” auction. For this reason, The Soft close will allow extended bidding until no bids are placed for one minute. 10% Buyers Premium is added to all bids to establish total purchase price. If a bid is placed within last minute additional minutes will be added to ensure everyone gets time to place their bid.                                                                                                                     
   New Bidders, please Pre-Register, we will have to approve you to Bid!  

Important Information