NORTH KNOXVILLE REAL ESTATE AUCTION

Approx. 1208 SF 3 Bedrooms & 2 Bath Large Corner Lot – Approx. 0.36 acre

Tax Appraisal: $75,300 Total Taxes: $931.11 Great First Home or Investment Property

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 sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. The balance is to be paid in full at the deed closing within 30 days. M&M TITLE to Conduct the Closing. 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. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Condition Exemption Notification and Lead-based paint disclosure will be a part of the sales contract. Lead base paint inspection period begins August 31, 2016.

DIRECTIONS: From I-75, take exit 108 (Merchant Drive/Cedar Lane). Take Cedar Lane toward Fountain City for approx. 0.6 miles. Turn right onto Rowan Road to left onto Henrietta Drive. Turn left onto Delapp Drive to the home on the right.