Herm Barnett Road Auction

Auction Information

Name Herm Barnett Road Auction
Auctioneer Russ Swanay Real Estate
Type Online-Only Auction
Date(s) 1/3/2022 - 1/11/2022
1/3/2021 8 A.M. 1/11/2021 6 P.M.
Preview Date/Time 12/7/2021 9 A.M. TO 5 P.M.
Checkout Date/Time 1/11/2022
Location TBD HERM BARNETT ROAD
ROAN MOUNTAIN, TN 37687
Buyer Premium BP
Description
ONLINE AUCTION EVENT STARTS MONDAY JANUARY 3RD AND STARTS CLOSING TUESDAY JANUARY 11TH AT 6:00 P.M. TBD HERM BARNETT ROAD ROAN MOUNTAIN, TN 37687 NO BUYERS PREMIUM FOR THIS AUCTION!!! Directions: From Elizabethton, take Hwy 19E towards Roan Mountain. Turn right onto Hwy 143 towards the Roan Mountain State park. Turn Right onto Herm Barnett Road. Property will be at the end of the road on the right. 2.69 ACRES Auctioneers note: Russ Swanay Real Estate is proud to offer, at public auction, one of the prettiest land tracts in the Roan Mountain community of Carter county. Adjacent to the beautiful Roan Mountain State Park, a gorgeous 2.69 acre tract of land, ideal for multiple uses. The topography of the land is virtually level and a rushing creek is nearby. Approved for a septic system, possible uses of the property include construction of either a permanent or seasonal mountain home, construction of Airbnb cabins for generating income or development of an RV Park, also income producing, for mountain lovers desiring to enjoy the amenities offered by the State Park and the surrounding mountains. Recreational opportunities offered by the Park and within this particular location include camping, hiking the available mountain trails, including the Appalachian Trail nearby, or utilizing the swimming pool, tennis courts, camping sites and other amenities offered by Roan Mountain State Park. The location also offers skiing opportunities as well with the ski slopes of Eastern North Carolina located just across the nearby Tennessee/North Carolina State Line and within a 30 minute drive. Easy access to the site from Highway 143 which runs through the Park with level, paved road access into the property. A gorgeous property in a clean, quiet, pristine location in the gorgeous mountains of Northeast Tennessee and, in particular, within Roan Mountain itself, a mountain resort area thousands travel to each year just to see the stunning Rhododendron Blooms which cover the mountains annually. Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of a good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sell is not contingent upon the buyer obtaining financing. For more information contact RUSS SWANAY REAL ESTATE 112 SOUTH ARMED FORCES DRIVE ELIZABETHTON, TN 37643 PHONE (423)543-5741 AUCTIONEER: DAVID COLLINS P.A.L. # 4465 Russ Swanay Real Estate The Tri Cities most innovative auction firm. Voted best Real Estate, Auction Firm, Auctioneer and Realtors by Readers Choice awards.

Terms and Conditions

Auction Terms & Conditions Terms: 10% non-refundable down payment of the Contract Purchase Price in the form of good check or cash due at contract signing. Closing to take place within 30 days of contract signing. Sale is not contingent upon the buyer obtaining financing. Seller will furnish deed, buyer will pay any other title exspenses. AUCTION TERMS AND CONDITION FOR REAL PROPERTY AUCTION AUCTION BEGINS ON JANUARY 3RD AND BEGINS CLOSING ON JANUARY 11TH AT 6:00 P.M. TBD HARM BARNETT ROAD BLUFF CITY, TN 37687 FURTHER DESCRIBED AS PART OF PARCEL ID 105 003.00 10% DOWN WITHIN 24 HOURS AFTER AUCTION CLOSING, SUCCESSFUL BIDDER TO IMMEDIATELY SIGN PURCHASE CONTRACT. EARNEST MONEY DEPOSIT WILL BE FORFEITED IF BUYER DEFAULTS ON THE CONTRACT. THE SELLER OR AUCTIONEER WILL NOT BE RESPONSIBLE FOR ARRANGING ANY FINANCING. PLEASE MAKE SURE YOU HAVE THE NECESSARY RESOURCES BEFORE BIDDING. 2022 PROPERTY TAXES WILL BE PRORATED. TAXES MAY BE HELD IN THE AUCTION COMPANIES ESCROW ACCOUNT UNTIL THEY CAN BE ASSESSED BY THE COUNTY TAX ASSESSOR. SUBJECT TO ANY EXISTING EASEMENTS, CLAIMS OF EASEMENT OR RESTRICTIONS, ZONINGS, RIGHT OF WAYS OR ANY OTHER MATTERS NOT OF RECORD. INCLUDING ALL ROAD, WATER, SEWER AND POWER LINE EASEMENTS IF ANY. OWNER OR RUSS SWANAY REAL ESTATE OR AUCTIONEER WILL NOT BE HELD LIABLE FOR ANY PRESENT OR PAST ENVIRONMENTAL HAZARDS, SINKHOLES, OR ANY OTHER MATTERS THAT MAY AFFECT THE MARKETABILITY OF THE PROPERTY. IMPROVEMENTS WERE BUILT BEFORE 1978. LEAD BASED PAINT INSPECTION MAY BE PERFORMED BY THE BUYER, HOWEVER, THIS IS NOT A CONTINGENCY FOR CLOSING AND THE SELLER WILL NOT CURE IF LEAD PAINT IS FOUND. N/A THERE IS NO WARRANTY, EITHER WRITTEN OR IMPLIED ALL IMPROVEMENTS ARE BEING “SOLD AS IS.” IT IS THE BUYERS RESPONSIBILITY TO PAY FOR THEIR OWN TITLE OPINION, RECORDING FEES, CLOSING AND ATTORNEY FEES. AUCTIONEER RESERVES THE RIGHT TO REJECT ANY BID CONSIDERED TO NOT BE IN THE BEST INTEREST OF THE SALE. PROPERTY IS OFFERED WITH A RESERVE. PROPERTY IS BEING OFFERED AS A WHOLE. THE AUCTIONEER NOR THE OWNER, WILL NOT BE HELD LIABLE FOR ANY ACCIDENTS THAT MAY OCCUR ON THE PREMISES. ANNOUNCEMENTS MADE SALE DAY TAKE PRECEDENCE OVER ALL OTHER PREVIOUS ADVERTISEMENT. P.A.L. # 4465 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms

Bid Increments

Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000,000.00 100.00 USD
1,000,000.01 - 9,999,999.99 10,000.00 USD

Payment Information

Currency USD
Buyer Premium BP
Payment Terms
Auction company will contact the successful bidder directly after the auction for payment options. Down payment must be received in full within 24 hours of auction ending. A minimum of $20,000.00 by check or wired funds must be submitted before you will be approved for bidding.

Shipping / Pick Up

NO SHIPPING.