Real Estate Auction
Saturday, November 10, 2018 @ 11 AM
28 Rental Homes on 23 +/- Acres
Address: 2552 Polly Adams Rd, Belfast, TN 37019
This Fantastic Property is owned by Doug and Sandra Summey. After just over twenty-eight (28) years of owning and managing this amazing investment they both wish to sell their property so they may have the time to better enjoy their retirement years.
28 Rental income producing homes on 23 +/- acres, just minutes from Lewisburg, in beautiful Belfast, Marshell County, Tennessee.
Terms and Conditions: Ten Percent (10%) Nonrefundable Earnest Money down day of auction, with balance due at closing on or before November 23, 2018. Taxes to be prorated at closing. All parties to be responsible for his/her closing expense. Seller to provide Title Insurance. Buyer may have the property inspected prior to Auction for all concerns, included but not limited to lead base paint, etc., at buyer’s expense. Property is being sold “AS IS/WHERE IS” with no warranties expressed or implied. A Ten Percent (10 %) Buyer’s Premium will be added to the Final Bid to Determine the Total Sale Price.
Auctioneers: David Gilliam 615-506-9353 #4941 and David Allen 615-335-6261 #6128
Fantastic Owner financing terms: 25% of Purchase price down as earnest money day of auction with balance amortized over 20 years at 4 % interest, with monthly payments. Balance of note to balloon in three (3) years.
Disclaimer: All announcements made day of sale take priority over pervious advertising. All information is deemed reliable but not guaranteed.