Mountain Home Auction - Tallassee, Tennessee

A Bank Letter of Guarantee & A Bidders Registration Form Must Be Faxed or Emailed to Auction Company Before You Will Be Approved For Bidding. Fax to 865-947-5668 or Email to Lori@powellauction.com. Contact Powell Auction for Copy of Bidders Registration. TERMS & CONDITIONS OF REAL ESTATE AUCTION SALE Owner Fuller Property Address 6850 Happy Valley Road Tallassee 37878 PROPERTY INSPECTION: We recommend you preview the property. Property is being sold as is, where is. Property will be sold subject to all easements, restriction, zoning and other maters of record. All information concerning the auction sale was derived from sources believed to be correct, but not guaranteed. Buyer shall rely on his/her own information, judgment and inspection of property and records. Auctioneer or Seller makes no warranty as to square footage or lot size. TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the total sales price. 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. The contract will not be contingent upon financing. Current taxes will be prorated at the date of closing. Closing will be Thirty days from Auction Date CONDUCT OF THE AUCTION: Conduct of the auction and increments of bidding are at the discretion of the Auctioneer. The Auctioneer's decision is final in the event of a dispute over any matter. The auctioneer reserves the right to accept bids in any increments he deems to be in the best interest of his client; and reserves the right to waive any previously announced requirements. CLOSING: Deed closing will take place within 30 days from the day of Auction. Buyer will be advised as to day and location of deed closing. Closing costs split between buyer and seller. Seller will pay for warranty deed. Title insurance and recording fees are a buyer's expense. Exclusive closing agent Maryville Title POSSESSION of the property will be upon closing. AGENCY DISCLOSURE: POWELL AUCTION & REALTY, Tennessee Real Estate and Auction Company, and all licensees employed by or associated with the Broker represent the Seller in the sale of this property as Sellers Agents. THESE TERMS AND CONDITION ARE A PART OF THE CONTRACT OF SALE AND SHALL STAND AS SUCH UNTIL THE DELIVERY AND ACCEPTANCE OF THE DEED.

Local Taxes Apply