Apartment Foreclosures Absolute Auction Memphis, TN

Ron Ramsey Auctions in conjunction with John Roebuck Auctions will hold an Absolute Auction for Apartment Foreclosures in Memphis, TN . The Live Auction will be at the Guest House of Graceland in Ballroom B, 3600 Elvis Presley Blvd. Memphis, TN 38116, on Friday, December 10th at 10am CST.  THIS IS AN ABSOLUTE FORECLOSURE AUCTION, REGARDLESS OF PRICE SELLING TO THE HIGHEST AND MOST QUALIFIED BIDDER.
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    Ron Ramsey Auctions and John Roebuck Auctions have teamed up together to bring you an Absolute Auction for Apartment Foreclosures in Memphis, TN .

    The Live Auction will be at the Guest House of Graceland in Ballroom B, 3600 Elvis Presley Blvd. Memphis, TN 38116, on Friday, December 10th at 10am CST. 

    All online bidding will be provided by Ron Ramsey Auctions, Connect to Online Bidding Here

    Foreclosed Apartment Complexes in this absolute auction include:

    • 4505 Wooddale Ave, Memphis, TN complex with 173± units
    • 2162 Wilson Rd, Memphis, TN complex with 156± units

    THIS IS AN ABSOLUTE FORECLOSURE AUCTION, REGARDLESS OF PRICE SELLING TO THE HIGHEST AND MOST QUALIFIED BIDDER.

    Call John Roebuck @901-486-0839 for more details.

    Map to the Live Auction to be held at the Guest House at Graceland in Memphis

    Please note: All images used from Google Earth and other sources are for illustrative purposes. Descriptions and  photos are illustrative for this property and individual properties may differ.  There may be more recent images available through other sources.

    The terms of the auction will be a ten percent buyer’s premium added to your bid in order to determine the final contract price; you will be required to sign the auction contract and make a 10% non-refundable deposit of the contract price IF YOUR BID IS ACCEPTED AND MET ALL THE TERMS AND CONDITIONS OF THIS ABSOLUTE AUCTION, with closing to be within forty-five days from the auction date. (This is for onsite bidders)

     

    **ONLINE BIDDERS:  In order for your bid to be considered you must have signed an affidavit that you or your representative have inspected the property, and/or you will honor your bid, and you will close the transaction according to the terms.  Submit your signed affidavit to Sindy@RonRamseyAuctions.com at least twenty-four hours prior to the auction.  Also, you will be required to send a $100,000 deposit by wire transfer to the closing attorney’s Escrow Account at least twenty-four hours prior to the auction.  If you are not the winning bidder your deposit will be returned within seventy-two hours after the auction.  The affidavit and deposit are required for each property you are bidding on.  Thank you for your understanding.  The trustees are serious about getting these properties sold without any surprises.