Auction Information
Name 30 acres on Linden Hwy - Wayne Co. - Near TN River
Auctioneer
Type Online-Only Auction
Date(s) 8/1/2018 - 8/23/2018
Location
Buyer Premium 10% of the Bid Amount will be added
Description
30 Acres - Linden Hwy (Hwy 128) This property is all wooded with marketable timber. Frontage on Hwy 128 (Linden Hwy) in Wayne County. Flippo Branch runs along the northern boundary of this parcel. Tennessee River is 1.6 miles - straight line - from this property! Located in Wayne County, the subject property is southwest of Linden and northeast of Clifton. Topography - The property has a rise to the highest point on the property - 628' elevation. This property has the potential for many uses - timber harvest, home sites, camping sites, hunting, recreational, etc. Bid Online Only - Bidding Ends Thursday, August 23rd- 6:00pm
TERMS & CONDITIONS This Property - 30 acres on Linden Hwy - selling via Online Auction - bid ending....Thursday, August 23rd at 6:00pm PROCEDURE: Opening Bid - $ 15,000 BIDDING INCREMENTS: Bidding is set for $500 increments. DOWN PAYMENT: A down payment, 10% of the total contract purchase price, will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The 2018 taxes will be prorated to date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey. Sell per existing deed AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is vacant land - RESIDENTIAL / FARM UTILITIES: City water and Electricty available DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report, and/or aerial views.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 500.00 USD
1,000,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.