COURT ORDERED AUCTION 29.47 ACRES TOWNSEND, TN

 **DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, THE COURT HAS EXTENDED THE AUCTION FOR 1 WEEK WITH NEW END DATE BEING TUESDAY, SEPTEMBER 24TH STARTING @ 2:00PM. THANK YOU FOR YOUR UNDERSTANDING.**

 COURT ORDERED

ONLINE AUCTION

1015 WEARS VALLEY RD.

TOWNSEND, TENNESSEE 37882

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ALSO SELLING:  LOTS 64 and 65 on Tolliver Trail in the Mount Luke Subdivision of Laurel Valley in Townsend, TN 37882 

BIDDING BEGINS TUES. SEPT 10TH @ 10:00AM

BIDS STARTS ENDING TUES. SEPT 24TH @ 2:00PM

**DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, THE COURT HAS EXTENDED THE AUCTION FOR 1 WEEK WITH NEW END DATE BEING TUESDAY, SEPTEMBER 24TH STARTING @ 2:00PM. THANK YOU FOR YOUR UNDERSTANDING.**

Sale 1: We have been ordered by the Court to sell at auction 29.47 +or- acres the property located in Townsend Tennessee in Blount County. If you've been looking for your own wooded retreat  in the Great Smoky Mountains, then don't miss this opportunity to bid your price on this land in East Tennessee on the "Peaceful side of the Smokies"!! The possibilities are endless for this beautiful mountain property. Wildlife galore! Tax parcel identification number (PIN) 085 024.00. 

SALE 2: Lots 64 and 65 on Tolliver Trail in Laurel Valley gated community!!  Total of approx.  Breath-taking views of the Great Smoky Mountains from this property overlooking the Laurel Valley golf course! Located in the Mount Luke subdivision.  Utilities available include water, electric, cable tv, This property would be great for a vacation home or a permanent residence! HOA fee is $2200.00 per year ($1,100 per lot per year). Amenities include architect restricted homes, clubhouse, gated community, golf course, trash disposal area, and swimming pool, Purchasing both lots as one. Tax parcel identification number (PIN) 095K D 013.01 and 095K D 014.00.

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PLEASE READ TERMS: 10% BUYER'S PREMIUM ADDED TO THE  FINAL BID PRICE. AUCTION OF WEARS VALLEY  ACREAGE IS SUBJECT TO FINAL COURT APPROVAL . 10% DOWN OF FINAL BID PRICE WITHIN 24 HOURS OF SALE'S END. BUYER TO SIGN AN AUCTION SALES CONTRACT WITHIN 24 HOURS OF AUCTION ENDING. THE CONTRACT WILL BE TAKEN BY AUCTIONEERS TO THE COURT FOR APPROVAL. ONCE THE COURT APPROVES THE SALE, BUYER TO CLOSE ON PROPERTY IN 30 DAYS OR LESS. NO NEW SURVEY WAS MADE OF THE PROPERTY. INFORMATION IS FROM FROM TAX RECORDS.

TWO LOTS IN LAUREL VALLEY MOUNT LUKE SUBDIVISION (LOTS 64 & 65 ) ARE BEING SOLD AS ONE, AND ARE BEING  SOLD TO THE HIGHEST AND BEST BIDDER. 10% DOWN WITHIN 24 HOURS OF SALE'S CONCLUSION. BUYER THEN HAS 30 DAYS TO CLOSE. NO NEW SURVEY WAS MADE OF THE PROPERTY. INFORMATION IS FROM FROM TAX RECORDS. UPON PURCHASE OF THE LOTS IN MOUNT LUKE SUBDIVISION, PURCHASER IS AGREEING TO ABIDE BY THE COVENANTS OF MOUNT LUKE S/D OF LAUREL VALLEY 

ALL PROPERTIES ARE SOLD AS-IS WITH ANY AND ALL FAULTS AND INCUMBRANCES. BUYER PLEASE DO YOUR DILIGENCE PRIOR TO THE AUCTION. THERE IS AN AUTO-EXTEND FEATURE ENABLED ON THE AUCTION. IF A BID IS PLACED IN THE FINAL 5 MINUTES OF THE AUCTION, THE SALE WILL AUTOMATICALLY EXTEND FOR 5 MINUTES. ONCE ALL BIDDING IS EXHAUSTED, AND NO BIDS ARE PLACED IN THE FINAL FIVE MINUTES, THE TIMER WILL CLICK DOWN TO ZERO, AND THE AUCTION WILL END. AS AN EXAMPLE, IF THE SALE ENDS AT 2:00PM AND SOMEONE BIDS AT 1:59PM, THE NEW END TIME WILL BE 2:04PM AND SO ON. THIS CLOSELY MIMICS A LIVE IN-PERSON AUCTION, WHERE THE AUCTIONEERS SAYS. "GOING ONCE, GOING TWICE, GOING THREE TIMES, SOLD!" THIS MAKES IT FAIR TO ALL BIDDERS AND GIVES EVERYONE A FAIR CHANCE TO BID. ALSO, THERE IS AN AUTO-EXTEND FEATURE ENABLED ON THE AUCTION. IF ONE PROPERTY GETS A BID, THEN THEY ALL EXTEND AUTOMATICALLY, SO EVEN IF ONE PROPERTY DOESN'T RECEIVE A BID BUT ACTIVE BIDDING IS CONTINUING ON ANOTHER PROPERTY, ALL PROPERTIES REMAIN OPEN FOR BIDDING. ONCE ALL BIDDING IS EXHAUSTED ON ALL LOTS, THE TIMER WILL TICK DOWN TO ZERO AND ALL BIDDING WILL END AT THAT TIME.

IF YOU DON'T UNDERSTAND THE TERMS OF THE AUCTION, CALL US AND WE CAN EXPLAIN THEM TO YOU. IF YOU DON'T AGREE WITH THE TERMS, OR DON'T TRUST THE SYSTEM, THEN DON'T BID! IT IS AS SIMPLE AS THAT. THANK YOU, GOOD LUCK, AND HAPPY BIDDING!

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