| Lender Ordered
Multi-Property Auction Throughout Blount, McMinn and Monroe Counties
MOST PROPERTIES SELLING ABSOLUTE!!!
Friday, July 22nd, 2011
ALL SALES TO BE CONDUCTED ONSITE
WITH THE FOLLOWING EXCEPTIONS:
970 Big Creek Road will be conducted from
1012 Big Creek Road
OPEN FOR INSPECTION:
FRIDAY, JULY 15TH, 11:00AM - 3:00PM
(Except for 189 Povo Rd, 594 Belltown Rd, 970 Big Creek Rd)
Residential:
-
1-4 family
residence: 15% cash down payment; 30 yr amortization / 10 year
maturity; 6.0% fixed interest rate
-
Manufactured home with property: 15% cash down
payment; 15 yr amortization / 7 yr maturity; 6.5% fixed interest
rate
-
Improved lots: 20%
cash down payment; 10 yr amortization / 7 year maturity; 6.0%
fixed interest rate
-
Unimproved land: 25%
cash down payment; 10 yr amortization / 5 year maturity; 6.0%
fixed interest rate
Financing
subject to proof of income, acceptable repayment capacity, no bankruptcy or material adverse credit reporting
Subject to Bank Customer
Identification Program requirements
Sale #1
– 10:00 AM
Absolute Real Estate Auction
Residential Building Lot(s) in Oak Hill Subdivision
County Rd. 513
Etowah, TN
-
Approximately 200’ W x 160’ D
-
½ Mile from High School
-
Convenient to both Etowah & Englewood
Utilities Available:
Electricity / Water / Gas
Zoning:
No zoning in McMinn County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $55.99
Taxes to be
pro-rated at closing.
Sale #2
– 11:30 PM
SOLD
Absolute Real Estate Auction
Approximately 1,152 s.f. Cabin in Coker Creek Community
201 Holder Cemetary Rd.
Tellico Plains, TN
-
Approximately 1,152 s.f.
-
2 BR / 2 BA
-
Oak Cabinets
-
Whirlpool Tub in Master
-
Floor to Ceiling Stacked Stone Chimney
Utilities Available:
Electricity / Shared Well / Septic
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $389.08
Taxes to be
pro-rated at closing.
Sale #3
– 12:30 PM
REMOVED FROM
AUCTION
Absolute Real Estate Auction
Approximately 1,450 s.f. Manufactured Home with Detached Garage
594 Belltown Rd.
Tellico Plains, TN
-
Approximately 1,450 s.f.
-
Detached Garage
-
Approx. 2 Acre Lot
Utilities Available:
Electricity / Water / Septic
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $275.71
Taxes to be
pro-rated at closing.
Sale #4
– 1:30 PM
Absolute Real Estate Auction
Approximately 2,004 s.f. Residential/Commercial Building
305 Hwy 165
Tellico Plains, TN
-
Approximately 2,004 s.f.
-
Formerly used as Bed & Breakfast and Real Estate
Office
-
Approx. 140’ x 117’ lot
-
Ideally located just off Cherhola Skyway in Downtown
Tellico Plains
Utilities Available:
Electricity / Water / Septic
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $275.71
Taxes to be
pro-rated at closing.
Sale #5
– 2:30 PM
Absolute Real Estate Auction
Approximately 962 s.f. Single Family Home
403 Curtis Rd.
Tellico Plains, TN
-
Approximately 962 s.f.
-
3 BR / 1 BA
-
Nice, Level Corner Lot
-
Approx. 100’ x 150’ lot
-
All one Level
-
Fenced Yard
Utilities Available:
Electricity / Water / Sewer
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $245.69
Taxes to be pro-rated at closing.
Sale #6a
– 3:30 PM
Absolute Real Estate Auction
Approximately 970 s.f. Manufactured Home
970 Big Creek Rd.
Madisonville, TN
-
Approximately 970 s.f.
-
3 BR / 2 BA
-
Approx. 11.31 Acres
-
Nice mix of Pasture & Woods
-
Year Round Creek
Utilities Available:
Electricity / Well Water / Septic
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $393.82
Taxes to be
pro-rated at closing.
Sale #6b
– 3:30 PM
Absolute Real Estate Auction
Approximately 1,220 s.f. Single Family Home
1012 Big Creek Rd.
Madisonville, TN
-
Approximately 1,220 s.f.
-
3 BR / 1 BA
-
Approx. 21.18 Acres
-
Nice mix of Pasture & Woods
-
Year Round Creek
-
Detached Garage with Apt. Above
Utilities Available:
Electricity / Well Water / Septic
Zoning:
No zoning in Monroe County
Estimated Real Estate Taxes:
County Real Estate Taxes – Approx. $515.48
Taxes to be pro-rated
at closing.
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today in the form
of cash, cashier's check, personal or company check plus a real estate
sales contract must be signed. Balance is due in certified funds at
closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
Have a Question about this Auction?
Click
here
to send e-mail directly to a Furrow Representative.
**All Square Footage and
Acreage amounts are believed to be accurate but not guaranteed.
All information was obtained from appraisals and local courthouse
records.**
Homes built before 1978 may contain lead-based paint. |
