As A Buyer You Should Know
TWO AUCTIONS AT ONE LOCATION
Sale Schedule: SATURDAY, AUGUST 16, at 10:30 A.M. CDT
Auction Location: Both properties will sell from the Viola Community Center, 0.7 miles north of Viola on 127/108 Viola Road.
PROPERTY # 1 Timber Property Location: Viola (Warren and Grundy Counties), Tennessee. Timber Site Directions: From Viola go south on Mt. Zion Road for 1.8 miles, turn right on Chestnut Grove Road, go 1.5 miles, turn left on gravel road, site is just past the Burton Farm entrance. Survey: By Thaxton Surveying, 303 A West Main Street, McMinnville, Tn. 37110; (931) 473-1088.
PROPERTY # 2
Bluff Lots Location: Wildlife Estates Phase II, Belvidere (Franklin County), Tennessee.
Directions: From I-24 take exit 127; go west toward Winchester on Hwy. 164 Veterans Memorial Drive west for 18.2 miles, turn left on Hwy. 16 south, go 9.2 miles, turn left on Box House Road, go 0.1 miles to first lot on your left. Eight Bluff lots to choose from, selling bidder's choice.
Survey: By Kurt M. Johnson, 816 David Crockett Hwy. Winchester, TN 37398; (615) 967-8889.
Inspection: Auction personnel will be on site from 2:00 P.M. until 6:00 P.M. on Friday, August 1st, 8th, and 15th and Saturday August 2nd and 9th from 10:00 A.M until 4:00 P.M. Property may be viewed on your own at any time; you are welcome to bring your ATV to drive the property, gate is open and corners are marked. You can also attend the open houses or view by private appointment; call for your personal private tour. To view the timber tract wear woods-walking clothes and boots. Bluff lots do not require any special clothing to view. We have ATV's to carry you over timber property at open houses.
Buyer's Premium: Ten (10) percent buyer's premium will be added to the accepted bid, for the contract price.
How Property Selling: Sells Subject to the Seller's Confirmation. Property will be offered in parcels at so much per acre, with high bidder taking choice of one or more. The sale order and how offered is at the sole discretion of the auctioneer in charge. Timber property will be totaled with 5% added and then offered as a whole. Bluff lots will not be totaled.
Terms on Real Estate: See Terms and Conditions, in bid package on the website.
Closing Date and Possession: Must occur on or within 30 days of the auction, by and at office of Patrick Lynch III of Southern Title and Escrow, 107 1St Ave NE, Winchester, Tn. 37398, (931) 967-2228. Possession will be given at closing.
Payment: Ten percent earnest money deposit day of auction, balance at closing, we will take your good check.
Notice: Prospective buyers should contact auction personnel or check website for additional information. The catalog/due diligence package contains the terms and conditions, survey plat, a copy of the purchase contract you will be required to sign and other valuable information. A survey plat is available upon request.
Announcements: From the auction box auction day will take precedence over any printed or spoken information contained in any advertisements.
Website: Please go to our website for more complete and updated current information. Everything is there for you to review. theauctionway.com
Co-Brokers: Your participation is invited. A 2% commission will be paid to a qualified broker that brings a buyer that closes. Co-broker's agreement is located on website; this agreement must be completed and turned in to auctioneers by 5 P.M. Friday August 15 - no exceptions.
TN Auctioneer: Gerald A. Bowie, TnAucLic # 936; Firm TnAucLic # 2365.
TN Real Estate Broker: Gerald A. Bowie Lic # 217356, Firm Lic. # 217355.
www.theauctionway.com
