We are pleased to present the George Hunter Estate Auction. Lake Front and Farm properties Saturday September 28 @ 10 am at
Beach Island Marina
Bid Live or Absentee Bid Online
Over the years Mr. Hunter acquired several farms and lake front lots in Union County. We will be offering over 500 Acres in tracts and Lake Front Lots on Beautiful Norris Lake
The Auction will be conducted at Beach Island Marina. 300 Acres will be subdivided off the Swan Seymour Road area this included home and 12 lake front lots. 200 acres on Walker Ford Road, 29 acres and Home on Maynardville Highway, plus other Union County Properties all selling to highest bidder without Reserve.
Vice President/Market Manager
1602 Cumberland Ave.
Middlesboro, KY 40965
office: (606) 242-1094
cell: (606) 242-8785
fax: (606) 242-1010
Photographs use in catalog may not be the lot as numbered, taken by air and water may be general area, please inspect property before placing bids.
**THIS WILL BE A LIVE-ON SITE AUCTION. WE WILL ACCEPT ON LINE ABSENTEE BIDS UNTIL 12AM (MIDNIGHT) ON FRIDAY, SEPTEMBER 27. YOU MUST REGISTER NO LATER THAN 5:00PM EDT TO LEAVE AN ABSENTEE BID. WE MUST HAVE TIME TO APPROVE YOU TO BID. ALL ABSENTEE BIDS WILL BE PRINTED AND TAKEN TO THE LIVE AUCTION AND WILL BE TREATED AS A LIVE FLOOR BID. YOU WILL BE NOTIFIED AFTER THE LIVE AUCTION HAS ENDED, IF YOU WON. PLEASE BE SURE AND PLACE YOUR MAXIMUM BID AS YOU WILL NOT BE ABLE TO RAISE YOUR BID ONCE THE BIDS HAVE BEEN PRINTED!!** 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. IF your absentee wins, 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. Please read Terms before bidding.
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 AND survey cost per property will be added to the high bid to establish the total sales price. US currency cash or approved check.
The balance is to be paid in full at the deed closing within 30 days. Kizer & Black Attorneys in Maryville, TN will conduct the closing. Current taxes will be prorated at the date of closing, unless otherwise specified. Seller will be responsible for the cost of preparing warranty deeds. Buyers will be responsible for costs of title searches, recording fees, survey costs and all other closing costs.
Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts September 14, 2019. Special Notes: Lot 12 has drainfield easement for lots 22& 23 & 25 – 30 AND well on property is furnishing water to homes on Cool Branch Rd. Union County road superintendent stated that on Cool Branch Road & Edwards Roads, the county road stops at the asphalt, beyond that point the roads are private. Please, if you are a winning bidder mark your boundary lines for future reference. No soil reports have been conducted. Lot 9 TVA states that the dock was NOT built to permit on file. Maynardville Hwy is being sold subject to getting a release on lien.
- All Announcements made at the Auction take precedence over all other advertising or any type material.