Name 60 Ac * Home * Offered In Tracts
Auctioneer Ken Byrd Realty & Auction, Inc.
Type Online-Only Auction
Date(s) 7/12/2016 - 7/29/2016
July 12th 10AM - July 29th 4PM
Preview Date/Time EARLY BIRD PREVIEW: TUES JULY 19TH 4-6PM
Checkout Date/Time 16.) Your deposit must be made within 48 hours by cashiers check or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 931-252-1907.
Location 5083 Brotherton Mtn Rd
Cookeville, TN 38501
Buyer Premium Ten percent Buyer's Premium
Description
ONLINE ONLY SELLING ABSOLUTE July 12th 10AM - July 29th 4PM 60 Ac * Home * Offered In Tracts Located at: 5083 Brotherton Mtn Rd, Cookeville, TN 38501 EXCELLENT LOCATION JUST OUTSIDE OF THE ALGOOD CITY LIMITS EARLY BIRD PREVIEW: TUES JULY 19TH 4-6PM This 60 acres lays level and is a balance of open fields and beautiful woodland. There is a nice growing stand of timber in the wooded area. It has abundant frontage on the Brotherton Mtn Rd and Parragon Rd allowing the property to be offered in 6 tracts. Tract 1- 4.10 Ac w/ existing septic system on Brotherton Mtn Rd, Tract 2- 1.96 Ac w/ the Home on Brotherton Mtn Rd, Tract 3- 8.5 Ac open and wooded on Brotherton Mtn Rd, Tract 4- 11.2 Ac open and wooded on Brotherton Mtn Rd, Tract 5- 16.5 Ac open and wooded on Parragon Rd, & Tract 6- 17.0 Ac open and wooded on Parragon Rd. The farm is improved with a 3 bedroom 1 bathroom older, country home that's a rental prospect or fixer upper.
**Extending Bidding does apply** *If you are outbid during the last seconds of the auction you will be given 5 minutes to make another bid. 1.) 10% buyers premium applies to final bid to establish sale price. 2.) Winning bidder to place 15% deposit at end of auction, winning bidder will be notified at the conclusion and required to sign a purchase contract, balance with deed on/before 30 days. 3.) Property selling "as is, where is" both surface and subsurface, having invited buyers to inspect the property prior to bidding, no warranties guaranteed or implied. 4.) Information obtained herein from sources deemed to be reliable, however accuracy not guaranteed. 5.) Person or persons relying on this information are invited to inspect any and all property prior to bidding. Contact agents for additional sale information. 6.) Buyers should complete their own due diligence prior to the sale. 7.) Seller to deliver and pay for general warranty deed. 2016 Property taxes to be pro-rated and seller provides a warranty deed. Buyer is responsible for the closing fee. 8.) Opinion of title to be paid for by the purchaser. 9.) Should the title to said property be defective the purchaser herein shall extend to the seller 180 days in which to clarify same at the cost of the seller. 10.) If purchaser fails to close the deposit is forfeited as partial liquidated damages for the purchaser's breech of contract. 11.) Purchaser acknowlegdes that the forfeiture is only partial damages and the seller may have other accumulative legal and equitable remedies as to the laws of Tennessee may provide. 12.) Possession with deed. 13.) An unencumbered marketable title to said property is to be conveyed by the deed of General Warranty, with the usual convenants and merchantable title to said property except easements recorded and unrecorded and all restrictions as to use and improvements of the property of record and any restrictions imposed by local Planning & Zoning Commission. 14.) You will be required at the close of the sale to sign our standard purchase contract which will be forwarded to you via email or fax. 15.) The contract price is the final bid plus the 10% buyers premium. 16.) Your deposit must be made within 48 hours by personal check, cashiers check, or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 931-252-1907.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,000.00 1,000.00 USD
49,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium Ten percent Buyer's Premium
Payment Terms
The contract price is the final bid plus the 10% buyers premium. A 15% deposit is required at the end of the sale. Your deposit must be made within 48hrs by cashiers check or wire transfer. For questions or more information contact Lee Amonett, Broker/Auctioneer, (931) 252-1907. You will be required at the close of the sale to sign our standard purchase contract which will be forwarded to you via email or fax.