UT Surplus Property Anderson County

Date: 05/26/2021

Time: 12 noon

Location: Online Only

Office: Knoxville

Agent: Kenny Phillips #2385

UT Surplus Property Anderson County

 Online only Bidding 

 Bidding Starts Closing

May 26th@ 12 Noon

Edgemoor Hills Subdivision  Clinton, TN 

Approx. 16 Acres offered in 5  Groupings 

 

 

 

 

Sale Number  1 #10 on map  Parcel ID: 101D B 016.00  lot 10 150 x 180 Crestview Lane 

Sale Number  2 # 11 on Map Parcel ID: 101D B 015.00 150 x 193 Crestview Lane 

Sale Number 3   5 lots total   # 12-16 on Map Parcel ID: 101D B 013.00, 

 Parcel ID: 101D B 014.00,  Parcel ID: 101D B 012.00,

Parcel ID: 101D B 011.00,   Parcel ID: 101D B 010.00

Sale Number 4  13 lots total  #4-14,21,22 on Map Parcel ID: 101D A 014.00,           

Parcel ID: 101D A 015.00,   Parcel ID: 101D A 016.00,                                     

Parcel ID: 101D A 017.00,  Parcel ID: 101D A 018.00,                                             

Parcel ID: 101D A 019.00,     Parcel ID: 101D A 020.00,                                 

Parcel ID: 101D A 021.00,    Parcel ID: 101D A 022.00,                                             

Parcel ID: 101D A 023.00,   Parcel ID: 101D A 024.00,                                       

 Parcel ID: 101D B 005.00,   Parcel ID: 101D B 004.00

Sell Number 5   5 lots total  #5-8,18 on Map Overlooking Clinch River

Parcel ID: 101D A 028.00,      Parcel ID: 101D C 009.00,                                         

Parcel ID: 101D C 008.00,      Parcel ID: 101D C 006.00,                 

 Parcel ID: 101D C 007.00

 Auction Conduction with Alley Auction Company 865-584-5791

Bidding may be cancelled or extended without notice

 REAL ESTATE TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon approval of the high bid, winning  bidder 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 owner conformation.  The balance is to be paid in full at deed closing within 30 (Thirty) days, after Approval. Property to be transferred with a Trustees Deed ONLY. Seller will provide buyer with marketable deed. Title Opinion, Title Insurance, Document Recording & ALL CLOSING COST will be the Responsibility of the Buyer. Buyer is Responsible for ALL Property Taxes (ONLY) 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. Buyer to verify ALL information to their satisfaction prior to bidding. Sale is exempt from Tennessee property disclosure. Buyer to inspect property for use, county roads have NOT been completed to all properties being offered for sale. Buyer’s buying AS IS, the University of Tennessee or Auctioneer make no warranty to use of these properties. There may be title exemptions in title insurance policies!! 
M&M Title Company will conduct the closing. 865-457-5675 
ONLINE Auction Terms: Thank you for participating in this Powell Auction & Realty LLC Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. 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. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding.
Soft Closing : The Auctioneer’s online auctions are designed to mimic traditional “live” auction. For this reason, The Soft close will allow extended bidding until no bids are placed for one minute. 10% Buyers Premium is added to all bids to establish total purchase price. If a bid is placed within last two minutes additional minute will be added to ensure everyone gets time to place their bid.                                
        New Bidders, please Pre-Register, we will have to approve you to Bid!  

Important Information