Absolute Real Estate Auction of North Knoxville Investment Property Tuesday, January 26, 2016 Time: 10:00 AM 1232 W Baxter Avenue Knoxville, TN 37917 Office: Knoxville Agent: Kenny Phillips Absolute Real Estate Auction of North Knoxville Investment Property ABSOLUTE REAL ESTATE AUCTION Tuesday, January 26th at 10:00 AM 1232 W Baxter Avenue Knoxville, TN 37917 Corner Lot 2 Bedroom & 1 Bath Central Heat and Air Washer & Dryer Connections Approx. 892 SF Lot Size: 40 x 100 x IRR Detached Storage Building Total Taxes: $462.94 Annual Income of $4,200 TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately 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. The balance is to be paid in full at the deed closing within 30 days. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. Maryville Title to conduct the closing. Current taxes will be prorated at the date of closing. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption and Lead Paint Disclosure Waiver will be a part of the sales contract. Lead Paint inspection starts January 4, 2016. Information Deemed Reliable, but not Guaranteed. Buyer to Verify all information. DIRECTIONS: I-275 to the Baxter Avenue Exit. Head West on W Baxter Avenue to the property on the Left. Important Information Bing Map CRS Report