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ONLINE ONLY KNOX COUNTY AUCTION
Listing ID#: 90235
| Sale Location |
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Knoxville, TN 37921 |
| Sale Dates and Times |
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Bidding Starts: Friday Jul 15, 08:00 AM Bidding Ends: Monday Aug 15, 06:00 PM |
| Sale Type |
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 Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Powell Auction & Realty, LLC Contact: Kenny Phillips Phone: 865-938-3403 Website: www.powellauction.com EstateSale.com ID#: 5003 View company information and listings |
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| Listing Terms and Conditions |
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TERMS:
Knox County Surplus Online Real Estate Auction. Knox County has ordered the sale of 54 properties. ONLINE BIDDING ONLY. Bidding ending Monday, August 15th at 6:00 PM. All bidding starts at $50. IF you are the high ONLINE bidder, then you will receive an Email. Auction IS SUBJECT to REBID per T.C.A. 67-5-2507. Pursuant to Resolution R-07-1-903 passed by the Commission of Knox County, Tennessee, bidders hereby acknowledge by submission of their bid or proposal that they are current in their respective Federal, State, County and City taxes of whatever kind or nature and are not delinquent in any way. Bidders delinquent on any taxes, or who have been delinquent within the past 5 years, of whatever kind are not eligible and risk debarment from future sales. In no event shall Knox County or Powell Auction & Realty LLC, be liable for any indirect, incidental, consequential, special or exemplary damages or lost profits, even if Knox County has been advised of the possibility of such damages. REBIDS: September 8, 2016 @ 10:00, LIVE AUCTION, Held at 6729 Pleasant Ridge Road Knoxville, TN 37921. All properties were acquired by Knox County as part of the Knox County Trustee's Tax Sale and are subject to rebid per T.C.A 67-5-2507. Results of the ONLINE auction will be published in a newspaper of general circulation within five (5) business days of the end of the ONLINE auction. Bidders will then have ten (10) business days from the publication of the notice to increase the final ONLINE bid price by ten percent (10%) or more. All rebids must be submitted in Writing, to Knox County Purchasing Division 1000 North Central Street, Knoxville, TN 37917. The high ONLINE bidder will be contacted IF their bid gets raised. IF there is no rebid on a property, the ONLINE auction result is final. IF you remain the High ONLINE bidder, then the buyer will need to sign purchase agreement WITHIN 48 hours of REBID Auction and pay a Deposit of 10% or $1,000.00 whichever is greater, per Property. US currency Cash OR Approved Check. 5% buyer's premium added to final price to establish total contact sales price. IF a property IS rebid, then all bidders will be notified of a Final, LIVE auction to be held at Powell Auction & Realty 6729 Pleasant Ridge Road Knoxville, TN 37921 - date to be announced. Bidding at the Final LIVE auction will begin at the highest rebid price. Buyers to sign purchase agreement and pay a Deposit of 10% or $1,000.00 whichever is greater, per Property. US currency Cash OR Approved Check. 5% buyers premium to be added to final price to establish total contract sales price. All properties are sold AS-IS, WHERE-IS. Sold without financing or other contingencies. Real Estate Property Taxes will start at Closing for the buyer. ALL information is from tax records and are approximate. Owners or Auctioneer makes no warranty as to accuracy of information. Bidder shall verify before bidding, all sales are FINAL and sold AS-IS, WHERE-IS, WITH ANY AND ALL FAULTS. Property will be transferred with a Quit Claim Deed. PLEASE note that these properties were obtained via the Knox County Trustee's Tax Sale and may NOT qualify for TITLE INSURANCE. Sellers OR Sellers Agent makes NO Warranties on these properties or that Title Insurance can be obtained and the buyer is advised to seek legal council. IF Applicable, Tennessee Residential Property Exemption and Lead Paint Disclosure Waiver will be a part of the sales contract. Lead Paint inspection starts July 11th, 2016. ONLINE Auction 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 Sale. SEE TERMS AND CONDITIONS ATTACHED AT BOTTOM OF PAGE. If you do not agree with any of the terms and conditions stated 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. Powell Auction & Realty, LLC will not be liable for any computer, internet or website malfunctions. 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. BIDDING WILL EXTEND IF BIDS ARE PLACED WITHIN THE LAST MINUTE. SEE TERMS AND CONDITIONS ATTACHED AT BOTTOM OF PAGE!!! CLOSING-DEED: Knox County will supply buyer with a Quit Claim Deed. PLEASE note that these properties were obtained via the Knox County Trustee's Tax Sale and may NOT qualify for TITLE INSURANCE. Sellers OR Sellers Agent makes NO Warranties on these properties or that Title Insurance can be obtained and the buyer is advised to seek legal council. Closing to be within 60 Days AFTER Knox County Commission Approval. Closing will be by Knox County Law Department. The Buyer is Responsible for Recording the Deed. |
| Listing Information |
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ONLINE ONLY KNOX COUNTY REAL ESTATE AUCTION Monday, August 15, 2016 KNOX COUNTY SURPLUS REAL ESTATE AUCTION BIDDING ENDS: Monday, August 15th at 6:00PM ITEM NUMBER: TERMS: Knox County Surplus Online Real Estate Auction. Knox County has ordered the sale of 54 properties. ONLINE BIDDING ONLY. Bidding ending Monday, August 15th at 6:00 PM. All bidding starts at $50. IF you are the high ONLINE bidder, then you will receive an Email. Auction IS SUBJECT to REBID per T.C.A. 67-5-2507. Pursuant to Resolution R-07-1-903 passed by the Commission of Knox County, Tennessee, bidders hereby acknowledge by submission of their bid or proposal that they are current in their respective Federal, State, County and City taxes of whatever kind or nature and are not delinquent in any way. Bidders delinquent on any taxes, or who have been delinquent within the past 5 years, of whatever kind are not eligible and risk debarment from future sales. In no event shall Knox County or Powell Auction & Realty LLC, be liable for any indirect, incidental, consequential, special or exemplary damages or lost profits, even if Knox County has been advised of the possibility of such damages. REBIDS: September 8, 2016 @ 10:00, LIVE AUCTION, Held at 6729 Pleasant Ridge Road Knoxville, TN 37921. IF you remain the High ONLINE bidder, then the buyer will need to sign purchase agreement WITHIN 48 hours of REBID Auction and pay a Deposit of 10% or $1,000.00 whichever is greater, per Property. US currency Cash OR Approved Check. 5% buyer's premium added to final price to establish total contact sales price. IF a property IS rebid, then all bidders will be notified of a Final, LIVE auction to be held at Powell Auction & Realty 6729 Pleasant Ridge Road Knoxville, TN 37921 - date to be announced. Bidding at the Final LIVE auction will begin at the highest rebid price. Buyers to sign purchase agreement and pay a Deposit of 10% or $1,000.00 whichever is greater, per Property. US currency Cash OR Approved Check. 5% buyers premium to be added to final price to establish total contract sales price. All properties are sold AS-IS, WHERE-IS. Sold without financing or other contingencies. Real Estate Property Taxes will start at Closing for the buyer. ALL information is from tax records and are approximate. Owners or Auctioneer makes no warranty as to accuracy of information. Bidder shall verify before bidding, all sales are FINAL and sold AS-IS, WHERE-IS, WITH ANY AND ALL FAULTS. Property will be transferred with a Quit Claim Deed. PLEASE note that these properties were obtained via the Knox County Trustee's Tax Sale and may NOT qualify for TITLE INSURANCE. Sellers OR Sellers Agent makes NO Warranties on these properties or that Title Insurance can be obtained and the buyer is advised to seek legal council. IF Applicable, Tennessee Residential Property Exemption and Lead Paint Disclosure Waiver will be a part of the sales contract. Lead Paint inspection starts July 11th, 2016. ONLINE Auction Terms: CLOSING-DEED: Important Information 5713 Lutie Road TNFL735 |
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