2000 E Unaka Ave , Johnson City, TN 37601
$160,000
Starting Bid
BidProwl Summary
This is a residential property in Johnson City, Tennessee offered as-is through a HUD Second Chance auction after failing to sell at foreclosure, with seller covering taxes and liens but buyer responsible for any UCC liens and closing costs of 750 to 3000 dollars. Owner-occupants, fix-and-flip investors, and landlords target these distressed homes because they're typically priced below appraised value and require no financing contingency. Verify the property condition in person, confirm all UCC liens with a title search, secure a local title estimate before bidding, and understand that closing must happen within 30 days and you'll receive either a Special Warranty or quit claim deed depending on title insurance purchase.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from Auction Network
SPECIAL NOTES
This transaction is NOT contingent on financing.
Seller to pay Taxes, HOA, and Municipal/Utility Liens.
Buyer will be responsible for the payment of all UCC liens, if any, of record on the property.
Bids below the reserve may be presented to the seller for consideration.
Please read the Williams and Williams disclaimers carefully before placing a bid or submitting an offer.
Buyer will not be charged a Buyers Premium or Auction Service Fee
Buyer agents welcome. Please Contact for Commission Scale.
Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyers responsibility to contact a local title agency or real estate attorney for a property specific estimate prior to placing a bid.
Closing must occur on or before 30 days from sellers acceptance of offer, provided title is clear.
Buyer is responsible for obtaining possession of the property after closing.
The property is being offered As-Is, Where-Is, without any contingencies.
Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyers expense, without delaying the closing date. If buyer does not purchase title insurance, Seller will transfer the property via quit claim deed (or jurisdictional equivalent). This is a HUD Second Chance home auction - Second Chance means it didnt sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Sellers appraised value. This is a limited time opportunity
