We have been commissioned to sell at absolute online auction this 1,100 square foot, 3-bedroom, 1-bath home located on a corner lot on Cecil Avenue in Knoxville, Tennessee. Bidding begins Tuesday, June 3rd at 10:00 AM and begins ending Tuesday, June 10th at 2:00 PM. The home features hardwood floors, a laundry room, and one off-street parking space. The fenced backyard includes fruit trees and offers plenty of space for pets, play, gardening, or outdoor entertaining. While the home needs repairs and renovations, it presents an excellent opportunity for first-time buyers, University of Tennessee parents, investors, or downsizers. Conveniently located just minutes from downtown Knoxville, the University of Tennessee, the new Smokies baseball stadium, McGhee Tyson Airport, and the Great Smoky Mountains.
PREVIEW SUNDAY, JUNE 1ST 2PM-4PM
Real Estate: 10% buyer's premium added to final bid price. Property sold AS-IS. 10% deposit required within 24 hours of sale's conclusion . closing in 30 days or less. Be sure you are willing to follow through with the purchase if you bid on the real estate. *If you are the top bidder, you will be expected to perform. DeLozier Auctions reserves the right to use whatever means is necessary in accordance to Tennessee Law for performing on a contract.* Homes built prior to 1978 may contain lead-based paint. There is extended bidding on the real estate. For instance, if home gets a bid at 1:59PM day of closing, the new closing time will be 2:04pm. Bidding will extend 5 minutes if there is a bid within the last 5 minutes of the auction. Once all bidding is exhausted and no more bids are received, then the time will tick down and the auction will close. This closely mimics a live sale. TIMED BIDDING ON ALL PROPERTIES IN THIS SALE WILL EXTEND IF THE BIDDING ON ANY ONE OF THEM IS EXTENDED. If you don't understand the terms of the auction, call us at 865-681-7797 and we can explain them to you. If you don't agree with the terms or don't trust the system, THEN DON'T BID! It's that simple. Items not picked up from the auction and remain at the residence at closing become possession and responsibility of the new homeowner. Thank you, and Happy Bidding!!
