AUCTION
TERMS AND CONDITION FOR REAL PROPERTY AUCTION
SATURDAY JULY 31, 2021
532 SABINE STREET
ELIZABETHTON, TN 37643
FURTHER DESCRIBED AS PARCEL ID 048F D 013.00


10% DOWN JULY 31 2021. SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT UPON ACCEPTED BID BY SELLER. CLOSING TO TAKE PLACE WITHIN 30 DAYS OF CONTRACT SIGNING.

EARNEST MONEY DEPOSIT WILL BE FORFEITED IF BUYER DEFAULTS ON THE CONTRACT.

THE SELLER OR AUCTIONEER WILL NOT BE RESPONSIBLE FOR ARRANGING ANY FINANCING. PLEASE MAKE SURE YOU HAVE THE NECESSARY RESOURCES BEFORE BIDDING.

2021 PROPERTY TAXES WILL BE PRORATED.

SUBJECT TO ANY EXISTING EASEMENTS, CLAIMS OF EASEMENT OR RESTRICTIONS, ZONINGS, RIGHT OF WAYS OR ANY OTHER MATTERS NOT OF RECORD. INCLUDING ALL ROAD, WATER, SEWER AND POWER LINE EASEMENTS IF ANY. PROPERTY SELLS WITH A CURRENT SURVEY.

OWNER OR RUSS SWANAY REAL ESTATE OR AUCTIONEER WILL NOT BE HELD LIABLE FOR ANY PRESENT OR PAST ENVIRONMENTAL HAZARDS, SINKHOLES, OR ANY OTHER MATTERS THAT MAY AFFECT THE MARKETABILITY OF THE PROPERTY. IMPROVEMENTS WERE BUILT BEFORE 1978. LEAD BASED PAINT INSPECTION MAY BE PERFORMED BY THE BUYER, HOWEVER, THIS IS NOT A CONTINGENCY FOR CLOSING AND THE SELLER WILL NOT CURE IF LEAD PAINT IS FOUND.

THERE IS NO WARRANTY, EITHER WRITTEN OR IMPLIED ALL IMPROVEMENTS ARE BEING "SOLD AS IS."
OWNER WILL TRANSFER THE PROPERTY WITH A WARRANTY DEED. IT IS THE BUYERS RESPONSIBILITY TO PAY FOR THEIR OWN TITLE OPINION, RECORDING FEES, CLOSING AND ATTORNEY FEES.

PROPERTY WILL BE OFFERED IN PART AND AS A WHOLE. THERE IS A 5% REGROUPING FEE FOR ANYONE THAT HAS PURCHASED ANY TRACT. A 10% REGROUPING FEE WILL APPLY TO ANYONE THAT HAS NOT PURCHASED A TRACT AND WANTS TO REGROUP.

AUCTIONEER RESERVES THE RIGHT TO REJECT ANY BID CONSIDERED TO NOT BE IN THE BEST INTEREST OF THE SALE.

PROPERTY IS OFFERED TODAY WITH A RESERVE.

THE AUCTIONEER NOR THE OWNER, WILL NOT BE HELD LIABLE FOR ANY ACCIDENTS THAT MAY OCCUR ON THE PREMISES.

ANNOUNCEMENTS MADE SALE DAY TAKE PRECEDENCE OVER ALL OTHER PREVIOUS ADVERTISEMENT.

RUSS SWANAY REAL ESTATE
P.A.L. # 4465
112 SOUTH ARMED FORCES DRIVE
ELIZABETHTON, TN 37643

TO BE SOLD AT PUBLIC AUCTION, JULY 31, 2021, 10:00 AM. Highly desirable West Elizabethton location. Totally updated 1 1/2 story Cape Cod on a beautiful 0.57 acre lot. Brick and vinyl shingle exterior with an architectural shingled roof. Entry foyer leading to a light filled living room with brick wood burning fireplace. Dining room with access to the wonderful back deck and expansive patio, both of which overlook the gorgeous, totally private back yard with dense woded area assuring continued privacy for outdoor living. Custom kitchen with updated cabinetry, copper farm sink, ceramic flooring and all appliances conveying. Large sunken family room with gorgeous updated wood flooring. Main level laundry room. Main level master bedroom plus a large main level bath and laundry. Upstairs, there are two additional large bedrooms, a second full bath accessible from each bedroom and a huge walk-in closet. Central heating and air conditioning. Attached two car garage with remote entries. Updated replacement windows. Beautiful original hardwood flooring extending throughout much of the home. Central heating and air conditioning. The grounds are simply gorgeous and complimented by mature landscaping. Located in one of the City's more desirable residential communities with historically excellent resale records, buyer's investment dollar will be well protected by investing in this home and neighborhood,. Elizabethton Golf Course and the Tweetsie Walking trail both located just two blocks away. This home is also conveniently located for quick, easy access to Johnson City. With a storybook exterior facade and a well designed, roomy inte