AUCTION
TERMS AND CONDITION FOR REAL PROPERTY AUCTION
SATURDAY JUNE 25, 2022
191 LITTLE STONEY CREEK RD
ELIZABETHTON, TN 37643
FURTHER DESCRIBED AS PARCEL ID 028I A 020.00


10% DOWN JUNE 2022. SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT UPON ACCEPTED BID BY SELLER. CLOSING TO TAKE PLACE WITHIN 30 DAYS OF CONTRACT SIGNING. ONLINE BIDDERS, THAT HAVE NOT DONE BUSINESS WITH RUSS SWANAY REAL ESTATE AND AUCTION WILL NEED TO PROVIDE A $20,000.00 DEPOSIT BEFORE BEING ALLOWED TO BID. DEPOSIT WILL BE REFUNDED IF YOU ARE NOT THE SUCCESSFUL BIDDER. THE REMAINDER 10% WILL NEED TO BE WIRE NO LATER THAN MONDAY JUNE 27, 2022

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.

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. THERE IS A RECORDED EASEMENT AT THE DRIVEWAY, FOR INGRESS AND EGRESS.

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. .

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

AUCTION SATURDAY JUNE 25TH @ 10:00 A.M. THIS IS A LIVE AND ONLINE AUCTION EVENT NO BUYERS PREMIUM FOR HOUSE TRACT 191 LITTLE STONEY CREEK ROAD ELIZABETHTON, TN 37643 HOME LOCATED ON 15 + OR - ACRES OFFERING GORGEOUS VIEWS, CREEK FRONTAGE, LARGE BARN, FARM EQUIPMENT, ANTIQUES AND PERSONAL PROPERTY. YOU WILL NOT WANT TO MISS THIS AUCTION!!! DIRECTIONS: From Elizabethton, take Hwy 91 toward Stoney Creek. Turn left onto Little Stoney Creek rd. House will be on the left. GPS friendly. AUCTIONEERS NOTE: Saturday June 25th @ 10:00 a.m. 15 + or - acreage, home, barn, farm equipment and personal property auction for the Estate of M.E. (Milt) Fair. Absolutely gorgeous creek front acreage that offers all the desirable attributes of a mini farm. Flowing creek frontage, Large barn that offers plenty of storage space for livestock and equipment. Land is level and offers a one of a kind pristine setting that is absolutely difficult to find this day and time. Gorgeous shade tree yard, mountain views, creek frontage and a custom built home with a stone entryway. Home has a cozy feel with a stone fireplace, custom hardwood throughout, and a partial basement. Custom wood kitchen cabinetry, with the kitchen view overlooking the farm and mountain setting. PERSONAL PROPERTY LIST: There will also be a nice selection of personal property that will also sell. Case tractor with front end loader, Two 14' utility trailers, bush hog, miscellaneous farm implements, horse related items, saw mill lumber. Numerous antique and vintage items. Antique wall phone, Oak hall tree with mirror, striped oak sideboard with mirror, Oxen Yoke, glassware, oak occasional table, vintage pictures, vintage quilts, cedar blanket chest, Toms store jar, wash stand, primitive oak china cabinet, glassware, 20 Ga. Savage & Stevens double barrel shotgun, Hi Standard 22. Cal. 9 shot pistol, Smith & Wesson 38 air weight pistol, Undercover - Charter 2000 38 special pistol with holster, New Service 455 Eley Nickel plated / stage handle pistol. Tools, air compressor, drill press, 2001 Dodge 1500 pickup, 2008 Dodge Dart. Lots added daily. Check out our website for additional photos and list of items. This is a live auction and online auction event. If you like a good ole country auction, then you will want to be sure to attend this one. Many great items to choose from. Keep watching our ads for more info. 2022 COUNTY TAXES: $590.22 House info: 1320 Sq. Ft. 3 Bedroom and 1 bath TERMS: 10% DOWN AT CONTRACT SIGNING, CLOSING TO BE WITHIN 30 DAYS OF CONTRACT SIGNING. SELLER IS SELLING AS IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. HOME WAS BUILT BEFORE 1978 LEAD BASE PAINT INSPECTION MAY BE PERFORMED BY THE BUYER, HOWEVER SELLER WILL NOT CURE ANY ISSUES THAT MAY BE FOUND. PROPERTY SELLS WITH A RESERVE. NO BUYERS PREMIUM FOR HOUSE TRACT, 10 % BUYERS PREMIUM FOR PERSONAL PROPERTY FOR LIVE BIDDING, 15% BUYERS PREMIUM FOR ONLINE BIDDING. ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER ANY PREVIOUS ADVERTISEMENTS. RUSS SWANAY REAL ESTATE OFFERS COMPLETE AND COMPREHENSIVE REAL ESTATE AND AUCTION SERVICES. VOTED BEST REAL ESTATE AGENCY, AUCTION FIRM, AUCTIONEER AND REALTORS BY THE JOHNSON CITY PRESS AND ELIZABETHTON STAR READERS CHOICE AWARDS. FOR ADDITIONAL PICTURES AND VIDEO VISIT OUR WEBSITE @ WWW.SWANAYPROPERTIES.COM 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.