REAL ESTATE AUCTION: SUBJECT TO COURT CONFIRMATION

REAL ESTATE AUCTION TERMS >

Click for full terms. All Bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $50,000 bid, an 10% buyer’s premium of $5,000 will be added to arrive at the total purchase price of $55,000.

PAYMENT TERMS: The successful bidders will deposit 10% of the purchase price (including Buyers Premium) and is due SALE DAY immediately at the conclusion of auction in the form of Wire, cashier’s check, personal or company check, Mastercard, and Visa up to $1,500 and a 3.5% surcharge will apply only on credit cards, plus a real estate sales contract must be signed.

UTILITIES

Electric: Knoxville Utilities Board
Water: Knox Chapman Utility District
Sewer: Knox Chapman Utility District
Gas: Not Available

Indicated utilities are available but may not be currently connected.

REAL ESTATE TAXES

Knox County $567.21 annually
• Buyer is responsible for pro-rata share of current year property taxes
• Back taxes (if applicable) will be paid by seller

ZONING

According to the Knox County MPC, the subject property is zoned as follows:
RA: Low Density Residential District:

DIRECTIONS >

From Alcoa Hwy, take Gov. John Sevier Hwy east approx. 1 mile. Turn left onto Old Maryville Pike (at Weigels), and travel approx. 2/10 mile to left on Walmar Dr. Travel approx. 1/10 mile to property on right. LOOK FOR AUCTION SIGNS.