Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sale is not contingent upon the buyer obtaining financing. Seller will furnish deed, buyer will pay any other title exspenses.

AUCTION

TERMS AND CONDITION FOR REAL PROPERTY AUCTION
AUCTION BEGINS ON FEBRUARY 14 AND BEGINS CLOSING ON FEBRUARY 22 11TH AT 6:00 P.M.
124 TOWER ROAD, ROAN MOUNTAIN, TN 37687

FURTHER DESCRIBED AS PART OF PARCEL ID 092 023.01.

10% DOWN WITHIN 24 HOURS AFTER AUCTION CLOSING, SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT.

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.

2022 PROPERTY TAXES WILL BE PRORATED. TAXES MAY BE HELD IN THE AUCTION COMPANIES ESCROW ACCOUNT UNTIL THEY CAN BE ASSESSED BY THE COUNTY TAX ASSESSOR.

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.

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. N/A

THERE IS NO WARRANTY, EITHER WRITTEN OR IMPLIED ALL IMPROVEMENTS ARE BEING "SOLD AS IS."

IT IS THE BUYERS RESPONSIBILITY TO PAY FOR THEIR OWN TITLE OPINION, RECORDING FEES, CLOSING AND ATTORNEY FEES.

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

PROPERTY IS OFFERED WITH A RESERVE.

PROPERTY IS BEING OFFERED AS A WHOLE.

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.
P.A.L. # 4465

ONLINE AUCTION EVENT STARTS MONDAY FEBRUARY 14 AND STARTS CLOSING TUESDAY FEBRUARY 22 AT 6:00 P.M. 124 TOWER ROAD ROAN MOUNTAIN, TN 37687 NO BUYERS PREMIUM FOR THIS AUCTION!!! PROPERTY JOINS THE CHEROKEE NATIONAL FOREST!!! Directions: From Elizabethton, take Hwy 19E towards Roan Mountain. Turn left onto Ingram Branch road. Take the next right onto old railroad grade road and then left onto tower road. Home will be on the right. 5.56 + or - ACRES Auctioneers note: Russ Swanay Real Estate is proud to offer, at public auction: Rustic cottage style cabin in the beautiful mountains of East Tennessee. Built in 1920, this tiny house offers rustic charm and is an ideal seasonal or permanent home for mountain lovers. The house is situated on approximately 5.56 acres of densely wooded land, accessed by a paved road. Large covered front porch traverses the entire front of the home where the sounds of a rushing creek can be heard flowing just across the road. Layout of the home consists of a living room, kitchen, one bedroom and one bath. Heating source is a propane gas stove which keeps the cabin toasty warm in winter. Summertime cooling is provided by nature, with the mountain location and dense forest all around assuring cool summertime temperatures. Water source is a private well on the property. The home is situated on the front portion of the land with an old road bed leading up to the top of the acreage where a future home site is easily imagined. This home and acreage is located just a few miles from the Village of Roan Mountain and, also, Roan Mountain State Park where hiking trails, fishing opportunities and camping sites are available. In addition. the ski slopes of Western North Carolina and also the Bristol Motor Speedway are located within less than an hours drive from this property. For those seeking a respite from day to day living and would enjoy a quiet, idyllic getaway in the mountains, this tiny house with acreage is a premier pick. The property is also ideal for the smart investor for use as an Airbnb with the potential of adding additional cabins on the site. A unique property in a beautiful mountain setting. Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of a good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sell is not contingent upon the buyer obtaining financing. BEST WAY TO BID ONLINE: Place your maximum bid with confidence! Our easy and trusted bidding system ensures you get the best prices. Your bid stays at the lowest price required to keep you in the lead, and increases only if another bidder places a competing bid. In the event the bidding surpasses your maximum bid you will be notified prior to auction close with the option to adjust your bid. Bid with Confidence! Bid with confidence as you are the only person with visibility to see your maximum bid! With our secure auction platform, we can only see the current bid price! For online bidding visit: www.swanayproperties.com For more information contact RUSS SWANAY REAL ESTATE 112 SOUTH ARMED FORCES DRIVE ELIZABETHTON, TN 37643 PHONE (423)543-5741 AUCTIONEER: DAVID COLLINS P.A.L. # 4465 Russ Swanay Real Estate The Tri Cities most innovative auction firm. Voted best Real Estate, Auction Firm, Auctioneer and Realtors by Readers Choice awards.