TERMS: REAL ESTATE - A 10% (13% if bidding online) non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. This property is being sold as is without contingencies financial or other so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. NOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. May 3 2023 begins this ten (10) day period. THIS APPLIES TO ALL IMPROVED PROPERTIES! A Phase I and Phase II Environmental Audit of theproperty has been conducted. The Audit Report isavailable for inspection on our website or on the day of sale. The sale will be subject to theitems contained in the report. As part of the closingdocuments the purchaser will release the seller from anyobligation related to the items mentioned in the report. Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction. The Auctioneer is an agent only and does not represent the buyer. Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication's, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company's sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.

Kennedy Auction Co has been commissioned by the Lester Underwood Estate to liquidate this valuable Sevier County Tract located in the Kodak area. This property is convenient to the 407 exit (I-40) Hwy 66 and Governor John Sevier Hwy. Each tract offers improvements and room for expansion. It will be offered in 3 tracts or as a whole. Invest in Prime Real Estate when it becomes available at ABSOLUTE AUCTION you set the price you want to pay! A Phase I and Phase II Environmental Audit of the property has been conducted. The Audit Report is available for inspection on our website or on the day of sale. The sale will be subject to the items contained in the report. As part of the closing documents the purchaser will release the seller from any obligation related to the items mentioned in the report.