Property 11: Real Estate Auction: Cannon Townhomes unit 4144

4144 Webb Rd., Chattanooga, TN 37416

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Absolute Auction

Trustee-Ordered Estate Liquidation

 

Property 11:

 

Auction Date: Tuesday, November 17th at 6:00pm. Auction held at Chattanooga Convention Center

 

Unable to attend the live auction?

You can bid online at: https://bid.svnauctions.com

 

 

Property Address: 4144 Webb Rd., Chattanooga, TN 37416

 

Real Estate Highlights:

  • Townhome

  • built in 1998

  • zoned RT-1

Additional Info:

 

Property Inspection: November 4th and November 10th from 10:00 am to 12:00

 

Directions:

Photos:

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Call for disclosure information & bidding instructions.

Sperry Van Ness/INTERSTATE AUCTION COMPANY

404-303-1232


 

Additional Property Information:

Assessor Property Card
Cash Flow - 12 Month 2014
Cash Flow - 12 Month 2015 (updated 11/9/15)
Lease
Property Tax Data
City Property Tax Data
Tax Map Aerial

All property disclosure documents may not be available at this time. Be sure to check back as auction documentation is added frequently.

Terms:

  • In order to be eligible to bid, bidders must show a $2,000 cashier’s check, cash, or approved check for each property they intend to purchase.

  • A 10% buyer’s premium will be added to the high bid to determine the purchase price.

  • Immediately following the auction, the high bidder will sign the Auction Purchase and Sale Agreement provided on the auction website completed with the high bid, buyer’s premium, purchase price and down payment, and with no changes made by the purchaser.

  • The high bidder will make a 10% down payment based on the purchase price, and close in 30 days.

  • The down payment will consist of a $2,000 cashier’s check, cash, or approved check with a personal or business check for the balance of the down payment.

  • All closings will be conducted by Title Guaranty and Trust at 617 Walnut Street, Chattanooga, TN 37402. Purchasers are responsible for scheduling the closings on or before 30 days from the contract acceptance date. All closing costs will be paid by the purchaser. Taxes, rents, and operating expenses will be prorated at closing. The closing fee is $500 per contract. The deed/doc preparation fee is $125 per contract. A title premium schedule is available at www.titleguarantyandtrust.com. The title premium includes the title search, exam, and risk.
    Title Guaranty and Trust
    617 Walnut Street
    Chattanooga, TN 37402
    (o) 423-266-5751
    (f) 423-265-8855
    titleguarantyandtrust.com

  • Taxes, rents, utilities and other expenses will be prorated at closing.

  • All properties will be sold subject to any leases in effect and tenants at will.

  • All properties will be sold AS IS, WHERE IS, WITH ALL FAULTS, AND WITHOUT WARRANTY.

  • Properties will be sold with title as shown in the provided Title Commitment Letter.

  • All inspections including lead based paint and environmental inspections must be done prior to bidding.

  • The Auction Purchase and Sale Agreement will not be subject to an inspection or diligence period.

  • See the Terms and Conditions Bidder’s Affidavit for complete terms and conditions.

Please see additional Terms & Conditions, Auction Purchase & Sale Contract and Addendum documents listed above.

 

Please check back frequently for changes.

Any and all information contained on the site is subject to changes and corrections, and that it is the prospective purchaser's responsibility to verify that he/she has the most current information.

Interstate Auction Home

 

Interstate AuctionŽ Company is a national auction affiliate of:

 

INTERSTATE AUCTIONŽ COMPANY, 1100 Johnson Ferry Road, Suite 588, Atlanta 30342 GAL#1966, NC#5642 , SCAL #2733, TAL# 5305
404-303-1232  Fax: 404-303-7997   .:.   
email:  info@interstateauction.com