Tennessee Land for Sale - Peregrine Heights EstatesThis 5 acres is near the small town of Cedar Grove, in West Tennessee, about halfway between MEMPHIS and NASHVILLE. This parcel consists of gently rolling hills studded with native hardwoods, some of which have commercial value. Power is in front of the parcel. Quality gravel roads led to this parcel from the paved county road. It is anticipated that the county will take them over at a future date. Although there is rural water on the county road we anticipate that water will be by well for those who choose to build right away.
The Native Americans named this area after the birds of prey that wing their way over the valley. The area and development abounds with hardwood trees, spring-fed creeks, gentle hills and vistas.
You can hold this property for the future, as there is no requirement to build. There are protective covenants on each parcel to PROTECT EACH INVESTOR. Basically no full-time camping, no mobiles, no storing of junk or commercial business operations. Cabins and homes permitted. This land is an EASY DRIVE to both NASHVILLE and MEMPHIS, the small town of Cedar Grove has limited shopping. A person can get about everything they need in Jackson and Lexington only a few minutes from the Development These are the actual pictures of the land parcel.
Please read the following before you bid! YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $24,900. 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 $275. 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!
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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!
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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.