Up 4 auction is a 0.46 acre Residential lot in Memphis, TN. Buy it while it is still cheap.
McCain, Memphis, TN
This property is walking distance from numerous homes and commercial properties.
With no time limit to build, rising values in the county, and extremely low property taxes, this property makes for an ideal long-term investment.
Status of title: Property is clear of mortgage liens. Buyer would be responsible for any other miscellaneous outstanding liens, if any exist.
The following info was provided by Shelby County, TN and should be verified prior to purchase
Auction Disclaimer
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
Terms of the Auction / Settlement Terms
This is a cash sale, you are bidding on the full purchase price. Buyer must have cash ready at auction's close. Winning bidder agrees to pay full balance due via certified check or wire transfer within 4 days of the auction's close, no exceptions.
NO buyer's premium of 10%. The will be a closing cost fee of $500, which includes deed preparation, recording fees, and transfer taxes. Seller handle the entire deed recording process and will convey property via quitclaim deed with as-is title. (payment is due 4 days from the end of auction. No exceptions.)
Thanks for looking and good luck with your investments
