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. Sale is exempt from TN Residential Property Condition Disclosure.

David Stanifer, Attorney will be conducting the closing.
Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing.

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 *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!

Online Only Estate Auction 3 New Tazewell Homes BIDDING STARTS ENDING: Thursday, August 5th at 7:00PM OPEN HOUSE: Tuesday, August 3rd from 2-5PM PROPERTY # 1: 1360 CHUMLEY ROAD | NEW TAZEWELL, TN 37825 Brick ranch home with 2-car attached garage 3 Bedrooms | 1.5 Bathrooms Unfinished Basement Detached one-car garage Detached workshop 3 Storage buildings Approx. 1456 SF 1.933 acres (Lot #1 from New Survey) Built in 1978 Property Taxes: $904.13 (Claiborne County) Parcel/Tax ID: 115 033.00 PROPERTY # 2: 1370 CHUMLEY ROAD | NEW TAZEWELL, TN 37825 Brick basement ranch home with 2-car garage 3 Bedrooms | 1 Bathroom Finished basement with game room and one bedroom Approx. 1340 SF 0.381 acre (Lot #2 from New Survey) Built in 1985 Property Taxes: $670.20 (Claiborne County) Parcel/Tax ID: 105 053.03 PROPERTY # 3: 1376 CHUMLEY ROAD | NEW TAZEWELL, TN 37825 Brick basement ranch home 3 Bedrooms | 1.5 Bathrooms Finished basement with bedroom, walk-in closet, shower and entertainment room 2-car attached garage 3-car detached garage with heating/cooling and office space Metal carport attached to the detached garage Approx. 1100 SF 1.28 acres (Lot #3 from New Survey) Built in 1985 Property Taxes: $786.84 (Claiborne County) Parcel/Tax ID: 115 032.01 and 115 033.01