Real Estate & Personal Property Auction

 

REAL ESTATE & PERSONAL PROPERTY

Date:  September 30th, 2017 @ 10:00 a.m.

REAL ESTATE SELLS AT 12:00 Noon

Location:  526 Howard Switch Road, Hohenwald (Lewis County)

Directions:  From Hohenwald take Hwy 99 West (Buffalo Road) to Howard Switch Road.  Follow Signs.

 

29+ Acres with 3 BR, 2 BH Brick and Vinyl Home

2 Car Garage, Attached Carport, Fenced Back Yard, Large Timber

Paved Road Frontage, Excellent Hunting Area

 

CONTACT Jim Graves, Auctioneer for pertinent disclosures & personal inspection prior to Auction.

 

Personal Property includes Furniture, Housewares, Small & Large Tools, Garden & Yard Tools, Large Gun Safe, Appliances & Much More!

 

 

Terms & Conditions of the Sale of Real Estate

 

Sale Day Announcements take precedence over any previous statements made or advertisements.

REAL ESTATE SELLING Subject to Seller Confirmation and IN AS-IS CONDITION. No Warranties or Guarantees of any type either Expressed or Implied by the Owner or Auction Company. 

AGENCY DISCLOSURE:  The Auctioneer, James A. “Jim” Graves (Middle Tennessee Realty & Auction, LLC) is conducting this auction representing the Seller Only.     

LEGAL DESCRIPTION:  Deed Description Recorded in Record Book A 69 at page 612.  Also known as Parcel # 013.01 of Map # 074, Tax Assessors Office, Lewis County, TN.  29.46 acres Surveyed by Kenneth Carroll.

ESCROW/TRUST DEPOSIT:  The Winning Bidders are Required to pay a Ten (10) percent escrow Trust deposit today and execute the purchase agreement and other documents.  The Escrow/Trust deposit shall be deposited into the Trust Account of Middle Tennessee Realty & Auction, LLC for bank clearance and then deposited with the Closing Attorney. 

REAL ESTATE SELLING SUBJECT TO All governmental rules and regulations or County Zoning Laws.   Also, subject to all public utility and private easements, right-of-ways, and encroachments, if any, shown of record, as well as those found upon inspection of the premises.

CLOSING COST:  Buyer(s) will pay their attorney’s closing fees, recording of Warranty Deed and any potential Mortgage Instruments, title update or title insurance if ordered and any cost related to the acquisition of a purchase money mortgage.   Seller(s) have paid the cost of a Title Search for the Auctioneer’s purpose to prove Clear Title, Deed Descriptions, Warranty Deed, their Attorney’s Closing Fee, Brokerage Commission, pro-rated taxes.  REAL ESTATE TAXES & ASSESSMENTS: Any potential back taxes will be paid by Seller and the 2017 Pro-rated  Real Estate taxes will be paid by Sellers. HAZARD LOSS: Seller will bear hazard loss insurance until date of closing.                                  

RELATED DOCUMENTS:    Additional Documents related to the Real Estate have been displayed on the Firm Internet Site, available in Bid Packets and will be posted on the board on sale day.                                                                                                                                                                                                                                                                                            

SEPTIC & Water Well:   Available Septic and Water Well Records have been obtained from the State Offices and supplied as a part of the Bidding Information Packet.

UTILITIES:  House has Well Water, Septic System, Central Electric Heat & Cooling.

POSSESSION:  Possession shall be granted on the date of Closing and Transfer of Purchase Funds.                                              

BIDDING:  Anyone in attendance at the Auction is permitted to bid, if legally qualified, and if prepared to purchase, execute a purchase contract and place the required Escrow/Trust Deposit.  All Bidders must be registered, provide proof of Identification and obtain bidder’s card! The Auctioneer reserves the right to accept or reject any bid based on the increments.  The Auctioneer also reserves the right to refuse bids from anyone who is not properly registered or, in the opinion of the Auctioneer not lawful to bid, or under the influence of any substance or acting in any manner detrimental to the Sellers’ interest.  Auctioneers reserve the right to settle any disputes or misunderstandings in regards to the bidding.

 

ALL ABOVE INFORMATION BELIEVED TO BE CORRECT, HOWEVER, NOT WARRANTED OR GUARANTEED. Potential Buyers should verify facts and make personal inspections of the properties.

 

Middle Tennessee Realty & Auction LLC   905 Summertown Hwy, Hohenwald, TN   38462

Real Estate Firm # 260733  –  Auction Firm #5576     James A. “Jim” Graves, Principal Auctioneer License #6414

 

 

 

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