Online Only Auction
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Date(s)
11/27/2021 - 12/7/2021
Bidding Notice:

Internet bidding only. This is not a live auction.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 31 + or - Acres of pasture and wooded property.
Description
Gorgeous acreage, offering mountain views, Pond, an older home and numerous building sites.
Name TBD Fairview Ray Simerly Road
Auctioneer
Type Online-Only Auction
Date(s) 11/27/2021 - 12/7/2021
Auction Date/Time Info
11/29/2021 12/07/2021 6:00 p.m.
Preview Date/Time 11/152021 4:00 p.m. 12/07/2021 6:00 p.m.
Checkout Date/Time 12/07/2021
Location
Buyer Premium BP
Description
ONLINE AUCTION EVENT STARTS MONDAY NOVEMBER 29TH AND STARTS CLOSING TUESDAY DECEMBER 7TH AT 6:00 P.M. TBD FAIRVIEW ROAD / RAY SIMERLY ROAD HAMPTON, TN 37658 NO BUYERS PREMIUM FOR THIS AUCTION!!! Directions: From Elizabethton, take Hwy 19E toward Hampton. Turn right onto (Simerly Creek Road) Hwy 173 W. Drive 3.7 Miles and Turn left onto Fairview road. Approximately 1 mile, property will be on the right. Use GPS address 807 Fairview road. Offering 30 + 0r - Acres of gorgeous pasture, woods and flowing creek property and pond. Being offered in 1 parcel. Auctioneers note: Russ Swanay Real Estate is proud to offer, at public auction, one of the prettiest farm tracts in the Carter county / Fairview community. 30 Acres, more or less, of some of the most gorgeous acreage to be found anywhere within the beautiful mountains of East Tennessee. The location is ideal with Roan Mountain State Park, the Ski Resorts of Western North Carolina and the recreational amenities available at beautiful Watauga Lake all within less than an hours drive away. Rolling hills, open pastures, wooded acreage and some of the most breathtaking mountain views available are all offered on this property. The land fronts on both Fairview Road and Ray Simerly Road and offers good paved road access into the property. Gorgeous pond with foot bridge on site, fully stocked with catfish, bluegill and bass. affording those who love to fish an opportunity to do so on their own private property. Hunting opportunities also abound with deer, bears, wild turkey and other wildlife available to hunters. Also an ideal property for those who dream of having horses or livestock on their land. Another possible use of the acreage is as a tree farm. This is an ideal property for those seeing pristine acreage in a clean, quiet country setting. Smart buyers seeking such will have their choice of home sites on which to build their new mountain dream home. Build on top to fully take advantage of the long range mountain views, build near the pond with views of the water or build in the trees to achieve total wooded privacy. Approximately 40% of the acreage is cleared and in pasture with the remainder wooded acreage. Land is restricted to site built homes only. Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sale is not contingent upon the buyer obtaining financing. For more information contact RUSS SWANAY REAL ESTATE 112 SOUTH ARMED FORCES DRIVE ELIZABETHTON, TN 37643 PHONE (423)543-5741 AUCTIONEER: DAVID COLLINS P.A.L. # 4465 Russ Swanay Real Estate The Tri Cities most innovative auction firm. Voted best Real Estate, Auction Firm, Auctioneer and Realtors by Readers Choice awards.
Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sale is not contingent upon the buyer obtaining financing. Seller will furnish deed, buyer will pay any other title exspenses. AUCTION TERMS AND CONDITION FOR REAL PROPERTY AUCTION SATURDAY NOVEMBER 29TH THROUGH DECEMBER 7TH, 2021 PROPERTY BEGINS CLOSING AT 6:00 P.M. TBD FAIRVIEW / RAY SIMERLY ROAD HAMPTON, TN 37658 FURTHER DESCRIBED AS PARCEL ID 096 023.00 10% DOWN NOVEMBER 27TH, 2021 DECEMBER 7TH 2021 PROPERTY BEGINS CLOSING AT 6:00 P.M.. SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT AND HAVE THE 10% DEPOSIT AVAILABLE AT CONTRACT SIGNING. EARNEST MONEY DEPOSIT WILL BE FORFEITED IF BUYER DEFAULTS ON THE CONTRACT. THE SELLER OR AUCTIONEER WILL NOT BE RESPONSIBLE FOR ARRANGING ANY FINANCING. PLEASE MAKE SURE YOU HAVE THE NECESSARY RESOURCES BEFORE BIDDING. 2021 PROPERTY TAXES WILL BE PRORATED. TAXES MAY BE HELD IN THE AUCTION COMPANIES ESCROW ACCOUNT UNTIL THEY CAN BE ASSESSED BY THE COUNTY TAX ASSESSOR. SUBJECT TO ANY EXISTING EASEMENTS, CLAIMS OF EASEMENT OR RESTRICTIONS, ZONINGS, RIGHT OF WAYS OR ANY OTHER MATTERS NOT OF RECORD. INCLUDING ALL ROAD, WATER, SEWER AND POWER LINE EASEMENTS IF ANY. OWNER OR RUSS SWANAY REAL ESTATE OR AUCTIONEER WILL NOT BE HELD LIABLE FOR ANY PRESENT OR PAST ENVIRONMENTAL HAZARDS, SINKHOLES, OR ANY OTHER MATTERS THAT MAY AFFECT THE MARKETABILITY OF THE PROPERTY. IMPROVEMENTS WERE BUILT BEFORE 1978. LEAD BASED PAINT INSPECTION MAY BE PERFORMED BY THE BUYER, HOWEVER, THIS IS NOT A CONTINGENCY FOR CLOSING AND THE SELLER WILL NOT CURE IF LEAD PAINT IS FOUND. THERE IS NO WARRANTY, EITHER WRITTEN OR IMPLIED ALL IMPROVEMENTS ARE BEING “SOLD AS IS.” IT IS THE BUYERS RESPONSIBILITY TO PAY FOR THEIR OWN TITLE OPINION, RECORDING FEES, CLOSING AND ATTORNEY FEES. AUCTIONEER RESERVES THE RIGHT TO REJECT ANY BID CONSIDERED TO NOT BE IN THE BEST INTEREST OF THE SALE. PROPERTY IS OFFERED TODAY BY THE CHANCERY COURT OF CARTER COUNTY. CLOSING TO TAKE PLACE WITHIN 30 DAYS OF COURT APPROVAL. PROPERTY IS BEING OFFERED AS A WHOLE. THE AUCTIONEER NOR THE OWNER, WILL NOT BE HELD LIABLE FOR ANY ACCIDENTS THAT MAY OCCUR ON THE PREMISES. ANNOUNCEMENTS MADE SALE DAY TAKE PRECEDENCE OVER ALL OTHER PREVIOUS ADVERTISEMENT. P.A.L. # 4465
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 100.00 USD
1,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium BP
Payment Terms
Auction company will contact the successful bidder directly after the auction for payment options. Down payment must be received in full within 24 hours of auction ending. A minimum of $20,000.00 by check or wired funds must be submitted before you will be approved for bidding.
NO SHIPPING.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.