NORTH KNOXVILLE ABSOLUTE REAL ESTATE AUCTION

Date: 08/22/2018

Time: 12:00PM

Location: 1117 Melbourne Ave Knoxville, TN 37917

Office: Knoxville

Agent: Kenny Phillips

Knoxville’s Hottest Home Area!

1117 Melbourne Ave Knoxville, TN 37917

Bid Live Onsite or Online: Wednesday, August 22nd at 12 NOON

Owner Moving Out of State – Quick Sale

Absolute Auction selling to the highest bidder without minimum or reserves!

Great Home for Flipper, Rental, or Move In!

North Knoxville, 1930’s Home

2 Bed Rooms, 1 Bath, Wood Floors

Living Room with Fire place

Kitchen with Dining Room, Large Laundry Room, Sun Porch

Level Lot with Partially Fenced Yard

Back Yard has 3 Storage Buildings

Lot Dimensions: 50 x 133

2017 City & County Combined Taxes: $918.99

The owner is moving to the beach and has decided on quick action sale. Get your money out of your sock drawer or mattress!

Must close by August 31st, 2018

Call office to inspect (865-938-3403) – Don’t Miss This Opportunity!

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 closing on or before August 31st, 2018. M&M Title to 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. Tennessee Residential Property Exemption Notification will be a part of the sales contract. Lead-Based Paint inspection starts August 8th 2018.

Important Information