THIS IS A COMPLETED SALE
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View current listings by this company
Court Ordered Estate Auction - Sandy Road, Mountain City, TN
Listing ID#: 119436
Auction Location |
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Mountain City, TN 38683 |
Auction Dates and Times |
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Bidding Ends: Saturday Mar 23 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Ron Ramsey & Associates Contact: Ron Ramsey Phone: 423-323-8700 Email: ron@ronramseyauctions.com Website: www.ronramseyauctions.com GoToAuction.com ID#: 5814 View company information and listings |
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Listing Terms and Conditions |
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10% down day of sale, balance due at closing in approximately 30 day.
Auction announcements have been updated please see below!
AUCTION RECOMMENDATIONS
Thoroughly read the auction information document and familiarize yourself with the properties offered and the auction terms and conditions. If you will require financing, please see a lender for pre-qualification. If you have questions about the terms, conditions or purchase agreement, contact our office and speak with one of the auction staff. Plan to inspect or drive-by each property in which you are interested. Establish a range of value for the property and bid within your limits. We do not recommend that you bid on a property that you have not seen. There is not an inspection period after the auction. The deposit listed in the terms is due upon being declared the winning bidder. The deposit is non-refundable. This transaction is not contingent on the buyer obtaining financing or upon any other event except as specifically referred to in these terms and conditions. All information about the property has been provided by the seller or public records. All bidders must verify all information to their own satisfaction prior to bidding. Immediately upon completion of the auction, winning bidders will be required to execute an Auction Contract. Please be prepared to close the transaction within 30 days.
Buying real estate at auction is simple and easy.
Good luck in your bidding!
AUCTION ANNOUNCEMENTS
• This property is being sold subject to court approval.
• The seller will furnish a warranty deed to the property, free and clear of any liens. A title search will not be furnished. That will be up to the purchaser if one is desired. The auctioneer highly recommends that the seller obtain a title search.
• Real Estate Taxes will be Prorated at Closing
• The real estate is being sold “as is”. There are no warranties either written or implied. Please rely on your inspections of all properties. We do not recommend bidding on property you have not seen and thoroughly inspected.
We are selling real estate only. No personal property in included in the auction.
A survey was done on the property. The larger tract has 15.95 acres, not 18.5 as advertised. The smaller tract has 1.79 acres, not 1.6 acres as advertised.
• If online bidder is the high bidder the Auction Sales contract will be sent by e-mail from Ron Ramsey & Associates to the successful bidder who must execute and email back to Ron Ramsey & Associates immediately upon closure of the auction. Successful bidders not executing and returning their contract and earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees and closing fees as set out in Auction Sales Contract.
• The information supplied is based on material furnished to Ron Ramsey & Associates by the sellers and other public sources. We believe this information to be true and accurate but buyers should do independent verification.
• Terms: 10% of final bid price required down the day of the sale at the close of auction. The earnest money is payable in the form of cash, cashier’s check, personal or company check, or wire transfer. Earnest Money Deposit Is Non-Refundable. Remaining balance is due within 30 days unless otherwise specified.
• Administrative Fee: In the event a winning bidder fails to submit the signed Auction Sales Contract and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500 on the credit card provided at auction registration. Additional default remedies are reserved by Ron Ramsey & Associates and the Seller. All Administrative Fees are non-refundable.
• Bid early and Bid often!!
AUCTION BIDDING CLOSING TIME
Real estate starts to end Saturday, March 23 at 10:30 am subject to auto extended close. If there is a bid placed within the last 5 minutes of the auction, the bidding will be extended for 5 minutes. For example, if a bid is placed at 1:59 pm day of closing, the bidding will automatically be extended to 2:04 pm, and so on. When you bid in this auction, you are creating a binding contract. Ron Ramsey & Associates is not responsible for internet glitches that could affect bidding, and bidders will hold Ron Ramsey & Associates and all workers and agents harmless of any and all claims
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Listing Information |
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Court Ordered Auction
2 Tracts - Mountain City, TN
Tract One- 18.5 Acres - House- Barns - Outbuildings - Beautiful Views
101 105 106 107 111 115 117 118 119 170 171 172 208 215 241 242 243 248 253 256 273 290 301 302 303 305 306 310 310 312 312 313 318 337 341 345 355 357 359 360 361 381 383 391 393 394 401 403 406 407 415 424 426 504 507 508 603 6296 6297 6403 6405 6406 6407 6408 6431 6432 6433 6434 6435 6436 6437 6438 6439 6440 6441 6442 6443 6444 6445 6447 6457 6462 6476 6491 6492 6493 6494 6499 6502 6514 6515 6527 6528 6537 6538 6540 6541 6544 6557 6560 6567 6568 6569 6571 6574 6576 6585 6587 6588 6589 6590 6591 6592 6593 6594 6596 6597 6598 6599 6600 6601 6602 6603 6605 6606 6610 6611 6625 6626 6637 6638 6645 6646 6647 6648 6660 6661 6662 6678 6681 6682 6686 6695 6696 6698 6699 6700 6701 6705 6713 6717 6721 6743 6749 6751 6752 6753 6759 6760 6761 6763 6768 6769 6770 6771 717 |
Auction License: Firm #2248 |
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