REAL ESTATE AUCTION
433 Cates Street Maryville, TN 37803
Bidding opens Tuesday, November. 29TH 10:00am
Bidding begins ending TUES. DEC. 6TH 2:00pm
We have been commissioned to sell at ABSOLUTE ONLINE ONLY AUCTION the home located at 433 Cates Street in Maryville, TN 37803 in the City of Maryville! The home is in close proximity to Maryville High School, Maryville College, the Blount County Court House, and Churches. It is also close to the Greenbelt for walking and bicycling. All the amenities of city living are near by.
The home consists of 1226 square feet on the main level with a small apartment in upper level! It has 3 baths total. The lot is a standard city lot 52' x 140' irregular in size. The property lends itself to many uses including income producing property (Duplex) or a single family home.
Yearly taxes: City: $ 773.39
County: $ 880.31
Total yearly taxes: $1653.70
Maryville City schools!!
The home is listed as a Duplex at the tax Assessor's office.
ONLINE TERMS: 10% Buyers Premium will be added to each successful bid. Successful bidders will need earnest money deposit (10% non refundable deposit of final bid price (certified funds or wire) made payable to DeLozier Realty & Auction) within 24 hours of receipt. This sale of home at 433 Cates Street in Maryville, Tennessee will be sold as follows. All newspaper or other publications and all oral and verbal statements as to advertising made by owners of said property and by DeLozier Realty & Auction, or any agent of said company, are hereby revoked. This is an ABSOLUTE AUCTION. The highest bid plus a 10% Buyers Premium will be the total sales price. All successful bidders will be required to sign a note for the deposit amount in addition to the deposit made day of sale VIA CASH, GOOD CHECK, OR WIRE TRANSFER. Note shall become null and void when buyer shall complete all requirements for closing as set out in their contract. ALL ONLINE BIDS ON THIS AUCTION START TUESDAY NOVEMBER 29TH AT 10:00AM EASTERN TIME AND WILL BEGIN ENDING TUESDAY DECEMBER 6TH AT 2:00PM EASTERN TIME AUCTION END TIMES: DeLozier Realty & Auction Online Auctions are hosted by ProxiBid and are time events and all bidding will close at specified time. DeLozier Realty & Auction Online Auction also has an auto extend feature, any bid placed near the end of the auction, the auction ending will automatically extend for 2 minutes from the time the bid was placed. If the Auction is scheduled to close at 2:00 and receives a bid at 1:59, the close time will automatically extend to 2:02. The auto extend feature remains active until no further bids are received within a 2 minute time frame. THE FINAL SALE OF PROPERTIES USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED. This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Auction Sales Contract. Property sold strictly AS-IS.
BID PACKAGE: Auction Sales Contract & Promissory Note Package, along with any other paperwork pertaining to each sale #, will be sent by e-mail from DeLozier Realty & Auction Inc to the successful bidder, who must execute and fax or email back to DeLozier Realty & Auction within 24 hours of receipt. Successful bidders not executing and returning their contract & promissory note with earnest money deposit (10% non refundable deposit of total purchase price (certified funds or wire) made payable to DeLozier Realty & Auction) within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees and closing fees as set out in Auction Sales Contract and Auction Statement of Sale. Auction Administrative Fee: In the event a winning bidder fails to submit the signed Auction Sales Contract, signed Promissory Note, and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of 10% of final sales price on the credit card provided at auction registration. Additional default remedies are reserved by DeLozier Realty & Auction and the Seller as provided in the Auction Statement of Sale, the Auction Sales Contract and the Promissory Note. All Administrative Fees are non-refundable.
AUCTION SALES CONTRACT, PROMISSORY NOTE, and STATEMENT OF SALE: Each property is offered under specific terms provided in the auction sales contract, promissory note, and statement of sale. The Auction Sales Contract, Promissory Note, Statement of Sale are available at www.delozierauctions.com. Please read and review the contract, promissory note, and statement of sale thoroughly prior to bidding on any property. If you have not read and reviewed the Auction Sales Contract, Promissory Note, Statement of Sale and all other materials available plus completed your own due diligence to satisfy all questions, please Do Not Bid!
Buyers Premium: A 10% buyers premium will be added to the bid price on all properties to determine the final contract price. DeLozier Realty & Auction has the sole authority to resolve any bidding disputes as they may arise. DeLozier Realty & Auction is providing internet/online bidding hosted exclusively by ProxiBid as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the ending day of the auction. Under no circumstances shall Bidder have any kind of claim against DeLozier Realty & Auction or anyone else if the internet service fails to work correctly before or during the ending of the auction. DeLozier Realty & Auction will not be responsible for any missed bids from any source. Taxes for the 2016 year to be prorated at closing and any back taxes to be paid by seller at closing. Closing on all Real Estate will be on or before 30 days from DECEMBER 6th, 2016. All properties to be sold in as is condition with no guarantees or warranties expressed or implied. Please rely on your previous inspections of all properties. Copies of any paperwork pertaining to the properties are available online. Please Note: This is an ABSOLUTE AUCTION, winning bidder's contract price is binding and must close on or before the aforementioned date.
Jerry DeLozier, CAI Auctioneer
Kevin Ross, CAI Auctioneer
James C. Cates, Auctioneer
Mike Hamby, Apprentice Auctioneer
Auctioneer License Information: