129 Lyons Drive – Johnson City, TN 37601
ONLINE ONLY REAL ESTATE AUCTION
Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Greeneville – Case No. 2:22-bk-51008-RRM
Chapter 7
BIDDING BEGINS TO CLOSE:
Friday, November 21st
at 12:00PM – Noon (ET)
15+/- acres of mostly wooded land in close proximity to the Boone Lake
Water views from the top of the property
Such potential with this tract of land with a private setting
Property has a 2000 model year 920 SF mobile home on it that is in need of renovation or removal
Don’t miss the opportunity to transform this wooded tract of land into your private estate!
PLEASE NOTE: One of the property owners is currently living in the property.
Lot Size:
15+/- acres
Year Built:
2000
Yearly Property Taxes:
$1,103.38 – Washington County only (PLEASE NOTE: Delinquent 2023 property taxes are due. Current amount owed for 2023 is $1,235.40 – this amount will change prior to closing due to interest/penalties.)
Washington County Parcel/Tax ID:
022 147.00
SALE CONDUCTED IN CONJUNCTION WITH:
Morelock Auction Team | Charles Morelock | 423-552-8010
Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.
TBD will be conducting the closing. Any current or delinquent property taxes and/or fees are the responsibility of the Buyer. Seller to provide TRUSTEES DEED. Buyer is responsible for ALL CLOSING COSTS, title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Buyer is to obtain his/her own financing. Closing to occur within 20 days of Sale Confirmation by the Trustee/Court Approval.
The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
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. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
New Bidders, please Pre-Register, we will have to approve you to Bid!
