Sale 1: We have been ordered by the Court to sell approximately 29.47 acres of stunning land in Townsend, Tennessee, located in Blount County. Bidding begins on Tuesday, September 10th at 10:00 AM and ends on Tuesday, September 24th beginning at 2:00 PM. The Wears Valley property sounds like a dream for anyone seeking a serene and scenic retreat in Townsend, Tennessee. With 29.47 acres of land offering privacy and various possibilities for outdoor activities, it's an ideal location for those who appreciate nature and adventure. Its proximity to attractions like the Foothills Parkway, Great Smoky Mountains National Park, Gatlinburg, rafting spots, hiking and biking trails adds to its appeal. Whether you envision building your dream home amidst breathtaking surroundings or creating your own secluded getaway, this property offers ample opportunities. Moreover, the convenience of being just 11 miles away from Pigeon Forge ensures access to amenities while still enjoying the tranquility of rural life on the Peaceful side of the Smokies. With good road frontage on Wears Valley Road, accessibility is assured. Overall, this property presents an enticing opportunity for those seeking to immerse themselves in the beauty of nature while enjoying the comforts of modern living.
Bidding has been extended to Tuesday, September 24th
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.
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.
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!
