Bank Owned Anderson County Land Thursday, July 14, 2016 Time: 6:00PM ONLINE ONLY Office: Knoxville Agent: John Ayers BANK OWNED REAL ESTATE AUCTION ONLINE BIDDING ONLY Ridge Circle Road Andersonville, TN 37705 BIDDING STARTS: Friday, July 1st at 10:00AM BIDDING ENDS: Thursday, July 14th at 6:00 PM Approximately +/- 12 acres Close proximity to Stardust Marina and beautiful Norris Lake Excellent opportunity for an oversized building lot, vacation property or possible development opportunity Now is your opportunity to purchase the property of your dreams at auction Parcel ID: 003 012.05 Tax Appraisal: $121,800 Total Taxes: $849.65 TERMS: The successful high bidder on this property will be contacted by Powell Auction & Realty, LLC on Friday, July 15th and will be required to sign the Real Estate Purchase Agreement and make an earnest money deposit of ten percent (10%). Signed contract and earnest money deposit must be received within 24 hours of being contact by Powell Auction & Realty, LLC. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. ONLINE TERMS: Thank you for participating in a Powell Auction & Realty, LLC. online auction. It is important that you familiarize yourself with the Terms & Conditions of the Sale. SEE TERMS AND CONDITIONS ATTACHED AT BOTTOM OF PAGE. If you do not agree with any of the terms and conditions stated, please DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees may withdraw, extend or rearrange any property and or item at their sole discretion at any time, without notice and will not be held liable for any computer, internet or website malfunctions. Earnest money deposit must be made within 24 Hours of auction ending. AS-IS, WHERE IS DISCLOSURE. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. If you are winning bidder you will be contacted by agent of Powell Auction Next business day to complete contract. TNFL735 Important Information Bing Map CRS Report Outline Map