$1,000 PER ACRE SUGGESTED STARTING BID AT AUCTION -- MUST BUY ALL ±38.5 ACRES TOGETHER * ±38.5 acres on 1941 Pisgah Road, Cordova, TN Auction set for September 29th at 6:07 PM CDT Auction Location: John Roebuck Gallery at 5400 Poplar Ave., Suite 200, Paragon Bank Building, Memphis, TN * Early Bids and Online bidding available Selling ABSOLUTE - SELLING REGARDLESS OF PRICE! * A ten percent (10%) buyers premium will be added to the winning bid to determine the total price to be paid. * Property starting bid $1. This property is valued at $200,000 to $400,000. Selling for the Estate of Clem Weinrich This property has been in the Weinrich family for over 100 years. It is located in the “hottest” area of Shelby county for new development. This is the first time this property is offered at public auction. All utilities are ready for hook-up with lots of mature trees. This site is also suitable for a nice estate home with horses and other recreational activities. It is also near many schools, shopping and churches. No city taxes in unincorporated Shelby County. Close to the Gray Creek Preserve area. * Announcements made at the auction will supersede all previous material. Information provided is derived from sources believed to be correct, but is not guaranteed. Graphics are approximate. All property sold “as is.” The Seller will provide a valid clear marketable title to the property. * A ten percent (10%) buyers premium will be added to the winning bid to determine the total price to be paid. The high bidder for the real estate will be required to place the 10% buyer’s premium the day of the auction in the form of certified funds or a personal check with a bank letter of guarantee, with balance due in 45 days. * All closings shall take place no later than 45 days after the auction. The entire purchase price must be paid by cashier’s check, certified funds, or wired funds at closing. No property will be sold contingent on financing or any other contingency.
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