Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer�s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

Realty Title & Escrow will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Sale is subject to court approval. Closing to occur on or before March 28, 2025.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!

368 Sanders Road � Birchwood, TN 37308 | Home & Tractor selling separately ONLINE ONLY REAL ESTATE AUCTION Court Ordered Divorce Settlement Auction Sold by the order of the Circuit Court of Meigs County, Tennessee � Docket No.: 2022-CV-25 BIDDING BEGINS TO CLOSE: Wednesday, February 26th at 12:00PM � Noon (ET) OPEN HOUSE: Monday, February 24th from 11AM-1PM (ET) Offers peace and tranquility of country living, yet conveniently located close to both Hwy 60 and Hwy 58 Situated on level 1+/- acre lot Single level ranch home with approx. 1906 SF 2 bedrooms with 2 bathrooms Open kitchen and living room with gorgeous exposed truss ceiling Living room features a fireplace with wood-burning stove insert Laundry/utility room Lovely hardwood floors throughout most of the home Home is in need of some TLC, with areas of the home that need to be finished This is an awesome buying opportunity to purchase and make the improvements you desire to make this your new home Detached 1-car garage, storage building and storage shed Meigs County Parcel / Tax ID: 081 020.01 Yearly Property Taxes: $552.14 � Meigs County only Lot Size: 1+/- acre Year Built: 1965 SALE CONDUCTED IN CONJUNCTION WITH RONNIE COLYER | COLYER AUCTION & REALTY | 423-506-0990 John Deere 2040 tractor with front end loader, bucket, hay spear, fertilizer spreader, and bush hog to be sold! The hood for the tractor is currently off of it.