Property 1 – Foreclosure Real Estate Auction by Order of Secured Party – 432 N. Liberty Hill Street, Morristown TN

AUCTION LOCATION432 N. Liberty Hill Rd., Morristown, TN 37814

AUCTION DATENovember 18, 2017

AUCTION TIME 10:30 am

TIME ZONEEST

INSPECTION DATEN/A

INSPECTION TIMEN/A

CONTACTRob Strickland or Chuck Fisher 865.546.3206

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Auction Information

Foreclosure Real Estate Auction

By Order of Secured Party

Property 1: 432 N. Liberty Hill Street, Morristown, TN 37814

Auction: Saturday, November 18th - 10:30 am

Location: Morristown – Hamblen High School East Auditorium

1 Hurricane Lane, Morristown, TN

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AUCTION DETAILS:
  • 8 Unit Apartment Complex
  • Built in 1977
  • 1.83 Acre Site
  • 8 Parking Spaces (one per unit)

 TN License #62

PAYMENT TERMS


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.

ZONING


LI – Light Industrial District (Subject Property Current Use is Grandfathered)

UTILITIES


  • Electric, Water, Sewer, Natural Gas
Unknown

TAXES


  • City - $1,125.12
  • County - $1,650.18
Buyer is responsible for pro-rated share of current year property taxes. Back/Delinquent Taxes will be paid by seller.

DIRECTIONS
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