Name Bank Foreclosure - LAND
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 4/27/2021 - 5/27/2021
Location Middle School Road
Centerville, TN 37033
Buyer Premium 10% of the Bid Amount will be added
Description
Foreclosure / Bank Foreclosure / LAND - LAND - LAND Land located in Hickman County 16 acres - Middle School Road, Centerville 16 acres with LONG road frontage / Development Project Utilities in place - ready for development or new construction Located behind Hickman County Middle School on Middle School Road - frontage on Jamie Drive and Haleys Creek Rd 5.41 acres on Kristin Drive, Centerville This 5.41 acre property is the combination of two parcels, one with 1.93 acres and the other with 3.48 acres. We are offering BOTH together as one parcel. The building site is located on the northern portion of the property at the intersection of Lance Court & Kristin Drive. Lot at 348 Middle School Road - 0.35 acre lot There are two existing houses located next to this lot on Middle School Road. This lot is a separate deeded parcel and is selling separately from the 16 acres across the road. These properties are selling at the direction of the bank. These are foreclosed properties. Opening Bid: $25,000.00 Bidding Increments: $1,000.00
Auction Terms & Conditions PROCEDURE: The property will be sold as a whole (Middle School Road); the two parcels on Kristin Drive will be offered together as one parcel. DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. The seller reserves the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Sell per existing deed AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is zoned Commercial UTILITIES: Electricity - Public Water - Public Sewer - Gas (Middle School Road property) DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 1,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added