Anderson County, Tennessee T WO ABS O L U T E E S TA T E A U C T I O N S Wednesday, April 8, 2015 Sale 1 ● 11:00am Sale 2 ● 12:30pm .77 Acre Residential Lot 214 Hickory St., Clinton 3 BR/1 BA Home 430 Legion Ave., Rocky Top Open House Saturday, April 4 2:00-4:00pm Estate of Margaret Louise Jones, Late Estate of David L. Gilliam, Late We have a $20,000 starting bid! 1,100 sq ft; 3 bedrooms, 1 bath, living room, 3/4+ acre ,vacant residential lot overlooking downtown Clinton Gently sloping with mature trees City utilities Perfect building lot for single or multi-unit construction Selling by order of Chancery Court Appraised Value: $22,500 We have a $5,000 starting bid. EAST TENNESSEE REALTY & AUCTION COMPANY kitchen Vinyl siding; replacement windows; laundry hookups; deck; basement storage; chain link fencing 2 storage/shop buildings—one with electricity City utilities Convenient to I-75 Appraised Value: $53,600 We have a $10,000 starting bid. Please Contact: Gary Rutherford 865-414-4049 Sale 1 ● 11:00am 214 Hickory, Clinton Sale 2 ● 12:30pm 430 Legion, Rocky Top Recent survey map furnished by the estate Back View of Home — deck, storage/shop building with electricity, plus second storage building Lot size by deed: 75’ x 75’ Directions: From Hwy 61 (Seivers Blvd) in downtown Clinton, take E. Church Street to N. Main. Turn right on Main then left onto Lamar Ave. Follow auction signs .3 mile and turn left onto Hickory Street. Lot on right. Directions: From I-75, Exit 128, take Hwy 441 west to Rocky Top. Turn left at light onto Hwy 25W, then turn right at next street (Alred). Follow auction signs 2 blocks to 430 Legion Avenue. House on right. BASIC TERMS AND CONDITIONS Auction Sale: Property is auctioned “AS IS, WHERE IS” with all faults in its Real Estate Deposit: A deposit in the amount of ten percent (10%) of condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate. 14 day inspection period for lead-based paint runs now until sale date. the contract sale price plus 10% Buyer’s Premium will be required on the day of the sale. The deposit is payable by cashier’s check or pre-approved personal check to East Tennessee Realty and Auction Escrow Account. Personal checks will be approved if the buyer presents, at time of deposit payment, a bank letter stating that the buyer is a customer of the bank and that the account on which the check is drawn is in good standing. The balance of the purchase price is due at settlement within 30 days. Liability: Bidders inspecting property enter at their own risk. Seller and Auction Company assume no risk for bodily injury or damage to personal property. Financing: Your bidding & purchase of the property are not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance due at closing within 30 days will be evidenced by signing a promissory note along with the sale contract. Buyer’s Premium: 10% of the high bid. The Buyer’s Premium will be added to the high bid to determine the final sale price. Real Estate Deed: The real estate will be conveyed by a special warranty deed free and clear of liens, subject however, to any rights of way, easements, zoning, and restrictions of record. General: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Announcements: Announcements on day of sale take precedence over all prior releases, verbal or written, concerning this sale. EAST TENNESSEE REALTY & AUCTION COMPANY EAST TENNESSEE REALTY & AUCTION COMPANY 3036 Highway 33 ● Maynardville, TN 37807 OFFICE: (865) 992-8981 - Lic#46 FOR THE BEST AUCTION RESULTS, SEE US! Gary, Rick & G.W. Rutherford, Selling Agents Continuously serving East Tennessee for 45 years www.easttennesseerealty.com
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