Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
Beautiful Acreage Tract in Blount County
12 Acres on Carpenters Grade Road


Carpenters Grade Road - Near the Intersection with Bert Garner Lane
Maryville, TN

Saturday, August 1st, 2009 - 12:00 Noon

SPECIAL FINANCING!
  • Improved Lots: 20% cash down payment, 10yr amortization / 7 yr maturity; 6% fixed interest rate

  • Unimproved Land: 25% cash down payment, 10yr amortization / 5 yr maturity; 6% fixed interest rate

Financing subject to proof of income, acceptable repayment capacity, no bankruptcy or material adverse credit reporting, and bank's customer identification program requirements.


·         Great Subdivision Potential

·         Only minutes from Downtown Maryville

 

Utilities Available:  Electric / Water
Zoning
:  S (Suburbanizing District)
Estimated Real Estate Taxes
: Estimated Annual Blount County Taxes - $1,103.45 Annually

Directions: Traveling south on Hwy 411, pass Royal Oaks Country Club then turn left onto Fairview Drive.  Travel 4/10 of a mile and turn right onto Old Niles Ferry Road. Travel 3/10 of a mile and turn left onto Bert Garner Lane.  Travel 1.5 miles and bear right onto Carpenters Grade Road to property on right.

3% Broker Participation Offered

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE. LAST AVAILABLE DAY TO CLOSE IS FRIDAY, AUGUST 21st.

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AUCTION DOCUMENTS

Auction Brochure
Broker Participation Form
Suburbanizing Regulations
Survey
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