NEW 2026 TERMS PLEASE READ:
Real Estate Terms:

Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

Reliance Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before March 5th, 2026.

The contract will not be contingent upon financing, inspections or any other contingencies. You are welcome to do your inspections or any due diligence prior to the auction.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold �AS IS, WHERE IS and WITH ALL FAULTS�, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder�s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!
AUCTIONEER or REPRESENTATIVE reserves the right to BID on behalf of owner up to private or published reserves. Hibid allows AUCTIONEER to see all MAXIMUM BIDS. All items are sold with reserves unless otherwise advertised differently.

Court Ordered Auction | 2061 County Road 750 � Calhoun, TN 37309 BID LIVE OR ONLINE Sold by the order of the Circuit Court for McMinn County, Tennessee at Athens � Case No. 23-CV-394 BID LIVE OR ONLINE: Tuesday, February 3rd at 12:00PM � Noon (ET) Approximately 1248 SF double-wide on 5.78+/- acres Access to the interior has not occurred up to this point Per tax records, the mobile home is a 1995 model year and is 24' x 52' There is currently a detached storage building on the property The home appears to be in rough condition YEARLY PROPERTY TAXES: $264.08 � McMinn County only YEAR BUILT: 1995 LOT SIZE: 5.78 +/- acres McMINN COUNTY PARCEL/TAX ID: 130 044.00 PLEASE NOTE: This property was purchased in a tax sale in 2018. Title insurance may or may not be available at the time of closing. SALE CONDUCTED IN CONJUNCTION WITH: Ronnie Colyer Auction & Realty | 423-506-0990