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

Foreclosure Real Estate Auction

By Order of Secured Party

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

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

Location: Morristown – Hamblen High School East Auditorium

1 Hurricane Lane, Morristown, TN

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.

BROKER PARTICIPATION

---

Broker Participation Foreclosure Real Estate Auction

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.

PROPERTY DOCUMENTS

• Aerial Image
• Appraisal - 432 N Liberty Hill Rd
• Property Report - 432 N Liberty Hill Rd., Morristown, TN
• Tax Map
• Title Commitment - 432 N Liberty Hill Rd
• Title Commitment Exception Documents

DIRECTIONS

---

To follow...