Online Only Auction
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Date(s)
8/10/2022 - 9/1/2022
AUCTIONEER INFORMATION
Bidding Notice:

We recommend you place your max bid if you cannot attend the auction or watch the auction online.

Auction Notice:

NEW open house added for Wednesday, August 31st 4pm-6pm.


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 1 BR/1 BA Cabin in Cosby, TN
Description
Cocke County Tax Records indicate: 624 square feet Built in 1982 Lot size: .58 acres Total taxes in 2021: $336.66 Additional Information: Creek running along the property Fully Furnished with furniture and appliances Set up to start Short Term Renting Fully remodeled -new stain on exterior -new pex plumbing -New trim -new LVP Floors -new patios -new hot tub wood burning fireplace
Name Cabin Real Estate Auction of Cosby, TN
Auctioneer
Type Online-Only Auction
Date(s) 8/10/2022 - 9/1/2022
Auction Date/Time Info
This online only auction will begin to close at 7pm EST on Thursday, September 1st.
Preview Date/Time Open house will be on Wednesday, August 24th 4pm-6pm and Wednesday, August 31st 4pm-6pm.
Checkout Date/Time Winning bidder to pay 10% the day following the auction. Buyer will have 30 days to pay the remaining balance.
Location
Buyer Premium 10% Buyers Premium added to the bid
Description
This cabin, located at 811 Cool Way in Cosby, TN is a must see! With many upgrades and additions made to this property, it is set up and ready to add to or begin your investment portfolio. This cabin is just a short drive from Gatlinburg and Pigeon Forge. It is ready for the short term rental market that is in such a high demand in that area. Check out the picutures and the description to see and read about the changes that have been made. Good luck and happy bidding!
Auction Terms & Conditions REAL ESTATE TERMS: Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office. If you have a Realtor we are paying a Co-Op if you bring a buyer for this property. This home will be sold subject to the owner's confirmation. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of 10% down . A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check; cashier's check or cash. The balance is to be paid in full at closing within 30 days. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. JD's Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. JD's Realty & Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. 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 and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Anderson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Anderson, City of Clinton, State of Tennessee. If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 24 Hours after you are the winning bidder. JD's Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 250.00 USD
97,500.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 10% Buyers Premium added to the bid
Payment Terms
Buyer to pay 10% down within 24 hours of the auction close.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.