Your Winning Bid is the DOWN PAYMENT PRICE of the Property! Your Down Payment will be subtracted from
the assumable balance of $19,900!
Guaranteed Financing is offered by the seller
to the winner of this auction! Installments as low as $220 monthly!
Owner Financing! - No Credit Checks! - No Qualification to Own!
Payment for Your Winning Bid is due within 2 Business Days
after the auction ends. Payments can be made On-Line at
www.BillyLand.com/Payments
THIS 5.78 ACRES IS PART OF "TENNESSEE VALLEY ESTATES". THIS IS A SMALL PRIVATE DEVELOPMENT LOCATED NEAR THE SMALL TOWN OF SELMER, McNAIRY COUNTY, TENNESSEE.. THE DEVELOPMENT CONSISTS MOSTLY LEVEL GROUND WITH SCATTERED HARDWOODS AND NATURAL CLEARINGS. EACH PARCEL HAS BEEN SURVEYED, STAKED AND RECORDED WITH THE COUNTY. GRAVEL ROADS WITH EASEMENTS EXIST TO EACH PARCEL. POWER AND TELEPHONE IS ON THE COUNTRY ROAD WHICH ARE PAVED AND GRAVEL AND CAN BE BROUGHT TO EACH PARCEL FOR MINIMAL COST, IF ANY (INQUIRE). THERE IS COUNTY WATER ON THE PAVED ROAD THAT CAN ALSO BE BROUGHT TO EACH PARCEL. THE LAND IS WITHIN SHORT DRIVING DISTANCE TO THE TENNESSEE RIVER PHOTOGRAPHS OF THIS LAND ARE GENERAL PICTURES OF THE SMALL DEVELOPMENT TAKEN IN SPRING OF 2005 AND 2006. THIS LAND IS IDEAL TO DEVELOP NOW OR HOLD FOR THE FUTURE. THIS PARCEL HAS POWER AND PHONE AND ACCESS TO RURAL WATER. IT FRONTS ON A NEW GRAVEL ROAD. IT IS LEVEL TO ROLLING WITH SCATTERED HARDWOODS AND OPEN AREAS.
Located just a short drive from downtown Selmer, Tennessee.
Lot dimensions are approximately 550ft by 450ft.
The land is located on the North side of West Elzie Pounds Road, just West of Charlie Pounds Road, in Stantonville, Tennessee, 38379.
03-TVE
Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $19,900.
The amount of your Winning Bid will be deducted from
the assumable balance as your down payment!
You can choose 4-year financing at 8% simple interest,
or up to 20-year financing at 12% simple interest.
As an example, 20 years at 12% would have a monthly payment of $220.
Contact us for other term and interest rate payment examples.
Monthly Payment may vary slightly based on final Auction Bid Amount.
There is no Prepayment Penalty, and we offer a
5 Percent Discount on your unpaid balance when prepaid in full.
ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!
Buyer will receive a 1-Year Parcel Exchange Privilege at no cost.
(Some properties may not be available as an exchange.)
This Parcel is offered with Owner Financing and no qualification to own.
This Parcel is within a Legal Recorded Subdivision or Plat.
This Parcel may be subject to Protective Covenants.
Title insurance is available on all Parcels.
We Guarantee a free and clear Title! To Obtain more information:
Send an email to
- Or -
Call and speak to Billy directly! 1-800-724-0551
Visit this Link for Auction Terms and more information regarding
Bidding and Participating in this Auction.
Be certain that this land is suitable for your needs
before you place your bid. It is
your responsibility to determine if this
property is suitable for
your specific needs!
Be certain that you have no unanswered questions before you place your bid.
The winning bidder will be contacted by email
immediately after the end of the Auction.
The winning bidder must contact me at
within 24 hours after the end of the Auction.
A 'Documents Processing Fee' of $249.00 will apply to each auction,
and covers the cost of document preparation and FedEx Mailings.
This fee is due no later than 10 business days after the auction closes.
Please, do not bid if you find any aspect
of these terms to be disagreeable.
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $19,900
The amount of the Winning Bid will be deducted from
the assumable balance as the down payment!