This wooded tract of open woodland lying on the Northside of Clinch Mountain in the Thorn Hill community offers privacy, mountain spring, mountain views, and an abundance of wildlife for the avid outdoorsman. There are 57.30 acres of this property offered for sale at online-only auction—places for home sites, RV, or weekend camping. Property is a short drive to the Clinch River, Elrod Falls, Morristown, Knoxville, Pigeon Forge, Tennessee. Own your slice of paradise in the hills of East Tennessee
TERMS & CONDITIONS
Buyers Premium: 11% will be added to the bid price.
Payment Options: Check and Wire Transfer Payment Instructions: United Country Clinch Mountain Realty & Auction LLC Bidders Agreement:
I (Buyer) agreed to enter into a contract if declared high bidder by the auctioneer on the 644 Mountain Loop Road Thorn Hill Tennessee 37881in Grainger County TN an Internet Only Auction.
I agree that I have read and fully understand the Terms and Conditions of this auction. Terms & Conditions 1) Auction - Bidding ends, October 23,2021 7::00 p.m., EST. (This will be a soft Auction)
2) Buyer’s Premium – 11% will be added to the final bid price to arrive at the contract sale price.
3) Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country Clinch Mountain Realty & Auction on or before 12:00 NOON, Tuesday, October 26, 2021, hand-delivered, faxed or scanned, and emailed). This is a Reserved Auction.
4) 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.
5) Closing shall be on or before 5:00 p.m., Monday, November 30, 2020.
6) Possession will be given at closing, subject to the remaining rights of the current tenant if any.
7) Seller shall pay 2019 and all prior year real estate taxes. 2020 real estate taxes will be Pro-Rated to the day of closing.
8) Under no circumstances shall Bidder have any kind of claim against United Country Clinch Mountain Realty & Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
9) The information is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.
Currency Type: US Preview Date & Times:
Please contact the auction company for preview dates & times. Checkout Date & Times: Please contact the auction company for checkout dates & times.
Location: Latitude 36.369080, Latitude -83.373767
Driving Directions: MUST BE ACCOMPANIED BY A REALTOR Special
644 Mountain Loop Road Thorn Hill, Tennessee 37881, Map 014 Part of Parcel 024.00 Grainger County Tennessee. This Property is selling off of the Recorded Survey dated February 15, 2021, completed by M Lacey Surveying known as Ronald & Nancy Zimmerman Property Tract 1, 57.30 Acres