Tennessee Land for Sale - Peregrine Heights EstatesThis 5 Acre parcel is near the small town of Cedar Grove, in West Tennessee about halfway between MEMPHIS and NASHVILLE. This is a great street to street parcel. You have access from either side of the land This land consists of gently rolling hills studded with native hardwoods some of which have commercial value. POWER IS TO THE PARCEL AND PHONE IS ON THE COUNTY A . COUNTY QUALITY GRAVEL ROAD, DOMED AND FULLY CULVERTED LEADS TO THIS PARCEL 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. There is protective covenants on each parcel to PROTECT EACH INVESTOR. Basically no full time camping, no mobiles. Cabins and homes permitted, There is no storing of junk or commercial business operations. This Development 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. The pictures are of the actual parcel.
Below is a promotional video for the Peregrine Heights Subdivision:
Please read the following before you bid! YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $29,900. 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 approximately $330. Contact us for other term and interest rate payment examples. Monthly Payment may vary slightly based on final Down Payment 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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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.