Name SURPLUS UT PROPERTY ANDERSON COUNTY
Auctioneer Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 4/19/2021 - 5/26/2021
Wednesday May 26th @ 12:00 Noon
Preview Date/Time Anytime
Checkout Date/Time If you are winning bidder you will receive an email with contract from Tina & further instructions.
Location ONLINE ONLY EDGEMORE HILLS
CLINTON, TN 37716
Buyer Premium INTERNET 13%
Description
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!
Auction Terms & Conditions 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! --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium INTERNET 13%
Payment Terms
If you are winning bidder you will receive contract with further instructions. Come by Powell Auction to pay the 10% down or overnight it if you are out of state.