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. Closing to occur on or before August 23th, 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!

9508 Daybreak Drive � Knoxville, TN 37931 ONLINE ONLY REAL ESTATE AUCTION Remodeled basement ranch style home � ideal for generational living BIDDING BEGINS TO CLOSE: Wednesday, July 24th at 12:00PM � Noon (ET) OPEN HOUSE: Monday, July 22nd from 2-4PM (ET) Complete remodel just completed on this brick front basement ranch style home Conveniently located just off of Ball Camp Pike with quick access to Pellissippi Parkway, Middlebrook Pike, Hardin Valley Road, Cedar Bluff Road and I-40 Approx. 1950 total SF � 975 SF on main level and 975 SF in basement 3 Bedrooms & 1 Bathroom on the main level and 1 Bedroom & 1 Bathroom in basement Main level with large living room open to eat-in kitchen 2 full kitchens (main level and basement), both with Shaker white kitchen cabinets with granite counters Main level bathroom with double-sink vanity and tile floor Finished walkout basement that could be used for generational living or potential rental unit Basement features large living room, bathroom, full kitchen, bedroom and office LVP flooring throughout the main level and basement Situated on a lovely 0.50+/- acre lot Covered front porch Large side porch New kitchen appliances in both kitchens to remain with the home at closing New roof and paved driveway 2-car detached carport 2 detached storage buildings Knox County Parcel / Tax ID: 104 035 Yearly Property Taxes: $552.45 � total yearly taxes � Knox County only Year Built: 1965 Lot Size: 172 x 125 IRR | 0.50 +/- acre