Bankruptcy Real Estate Auction – Bristol, TN

Date: 10/18/2016

Time: 12:00 NOON

Location: 1206 Carolina Ave., Bristol, TN 37620

Office: Knoxville

Agent: Kenny Phillips

BANKRUPTCY REAL ESTATE AUCTION

Tuesday, October 18th at 12 NOON

1206 Carolina Avenue

Bristol, TN 37620

By the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Greeneville – Case # 15-51610


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Auction Conducted Live Onsite – Property Preview to be Conducted 1-Hour Prior to Sale
Approx. 800 SF Main Level with 800 SF Basement
1-car Garage in Basement
Covered Front Porch
Sullivan County
Parcel/Tax ID: 021JF018.00
Year Built: 1947
Tax Appraisal: $53,200
Total Taxes: $605.87
Lot Size: 50 x 150

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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. HERITAGE TITLE To Conduct the Closing. 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 October 1st, 2016.
Important Information

Important Information