Commerical Foreclosure Auction – Doyle, TN

Date: 08/25/2016

Time: 12:00 NOON CDT

Location: 795 McElroy Ford Rd. Doyle, TN 38559

Office: Knoxville

Agent: Kenny Phillips

Powell Auction & Realty – Power Sports Auctions

BANK FORECLOSURE COMMERCIAL REAL ESTATE AUCTION

795 McElroy Ford Road

Doyle, TN 38559

Thursday, August 25th at 12 NOON CDT


Van Buren County Commercial Property

Parcel: 009  010.10

Total Taxes: $988.88

Approx. 2.95 acres

Corner Lot with Large Road Frontage

Approx. 2880 SF Building

Metal Garage with 2 Rollup Doors

Storage Building


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. Sale is Subject to Trustees Approval. The balance is to be paid in full at the Trustees deed closing within 20 (TWENTY) days. No Extensions. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. Property to be transferred with a Trustees Deed ONLY. Walt Winchester to conduct closing. Title Opinion, Title Insurance, Document Recording will be the Responsibility of the Buyer. Buyer is Responsible for ALL Property Taxes, Fees, HOA dues, both Current & Delinquent.  All Measurements are from Tax records not guaranteed. Tennessee Residential Property Exemption will be a part of the sales contract.

Important Information

Important Information