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.

M&M Title 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. Sale is subject to Seller approval. Closing to occur on or before March 4th, 2024.

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!

417 Ridgecrest Road � Luttrell, TN 37779 ONLINE ONLY REAL ESTATE AUCTION Country setting home in the Luttrell community BIDDING BEGINS TO CLOSE: Thursday, February 1st at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, January 30th from 2:00-4:00PM (ET) Approx. 1972 SF home sitting on a large 1.17+/- acre lot with a lovely country setting This 3 bedroom, 1 bathroom has several large rooms to use as additional living space, plus a detached 16' x 26' building at the rear of the home that could be converted to additional living space Central heat and air Connected to utility water 19' x 23' garage/workshop in basement Large detached 20' x 24' storage building/garage Buy this home at your price � good investment home for rental or make it your dream home with country living Oak hardwood flooring throughout most of the home 10' x 24' covered porch Large family room with french doors leading to the 20' x 24' deck that is partially covered Wood walkway all the way around the home Large laundry room Living room open to the kitchen Bathroom with double sink vanity Huge walk-in cedar lined closet or convert to bedroom Large den on the back of the house with an adjoining office or possible bedroom 235.78' +/- of road frontage This is a modified manufactured home PROPERTY UPDATES INCLUDE: New dimensional shingle roof installed in September of 2015 Large deck off of the living room built in September of 2015 New oak hardwood floors installed in October of 2015 New appliances (will remain with the home) in October of 2015 New 6" gutters, 3"x4" downspouts and 8 sets of shutters installed in August of 2016 Some new vinyl windows installed in August of 2016 Bathroom plumbing redone in August of 2016 Union County Parcel / Tax ID: 073 004.03 Yearly Property Taxes: $707.51 Union County only Lot Size: 1.17+/- acre