SOLD on October 13, 2019 - 25.84 acres near Bulls Gap, near the Northern end of Brandon Hollow Lane. Property has some old structures on the parcel. Utility pole is across the gravel road, and there may be salvageable weathered timber to be salvaged from the old structures. The ideal place to build your home in the valley across the road from a charming little pasture. Easy to access quiet road with only a few neighbors. Enjoy hiking and hunting on the surrounding hillside. Below, you will find my aerial drone video, photos, land details GPS coordinates and driving directions, and financing details. Feel free to share this website ( Link: https://www.larrysellsland.com/2584-acres-in-greene-co-tn.html with your friends and family who may be looking for a great property offered on terms. After you have read through these, if you have more questions, please feel free to call me. - Larry
Here is a short aerial drone video of the property and the surrounding area.
This 25.84 acre parcel is an irregular shape. The Southeastern boundary is on Brandon Hollow Lane. The property has at least a couple ideal building spots, the most significant of which is in a valley, near the middle of the road frontage where two valleys come together. There are remnants of a couple trailers, two old and dilapidated structures (I think one is a home, and one is a shed or outhouse), and there is a larger structure barely visible from the road, behind and to the right of the other structures. Possibly the remnants of an old barn. Here are some photographs of the parcel's road frontage. I have taken all my photos from the gravel road, and haven't walked the property. Others who have, have told me there are some old logging trails on the property. I do not know what the previous inhabitants used for water or waste, but I assume the may have collected water that comes down as runoff down the valleys. There is a power pole across from the parcel, and one person told me the power company would run power to the flat spot for about $1,000. The county told me that you could build whatever type of dwelling you want, as long as you obey the county's setback rules (50' from the front, 10 fee from the sides, and 15 feet from the back property line - I think that's what she said on the phone - be sure to make your own call and find out for yourself.) That's what I know. Some are taken in the winter time, and others just as spring has started. Hover your mouse over the photos for captions. Or, click on the first photo to enlarge, and use the arrows on the sides of the photo to move through the photos.
A few more photos taken in June, 2019. The trees are full of leaves, and the grass is lush. This is what you will find when you sip your coffee from your front porch on a Summer morning...
On the weekend of September 14, 2019, a potential buyer took the following photos and sent them to me. I share them with you, although I don't know for sure where on the property these buildings are. Obviously, there's a little more on the property than I knew. He also mentioned that he walked some old logging trails up near the top. The obvious thing about this is that someone had figured out power, water and sewer for their home and/or whatever. That's a nice confirmation of the usability of the land. Thanks for the photos James!
Here are some screen shots I took with my iPhone. Hover your mouse over the photos for captions. Or, click on the first photo to enlarge, and use the arrows on the sides of the photo to move through the photos.
Here are some screen shots that show property lines and other information. Hover your mouse over the photos for captions. Because these screen shots are irregular size, you can see them much better using the slide show feature, by single clicking on the first photo. Then use the arrows on the sides of the photo to move through the photos
Here's the location on Google Maps. Input the coordinates for the flat spot on the parcel: 36.301985, -82.967943
PRICE: SOLD
ACRES: 25.84 (1,125,590 sq ft) Lot Area listed as 1,000' x 1,400' Irregular (approx)
NEAREST CITY: Bulls Gap
COUNTY: Greene County
STATE: Tennessee
ZIP CODE: 37711
ASSESSORS PARCEL NUMBER (APN): 031-002.00
LEGAL DESCRIPTION: PAUL ELMORE PROP PB H PG 466 FB 11905 (08)
NEAREST SCHOOLS:
Baileyton Elementary School
North Greene High School
ABOUT THE PROPERTY:
Over 25 acres, with a large flat area leading back through the valley, near the center of the property. The longer valley seems to go back over 800 feet. Four structures are evidence that the property has been inhabited in the past, but was abandoned years ago. Surrounding hillside is wooded, and across from the primary building site, there is a small, quiet pasture (not part of the parcel). County maintained gravel road makes access easy, but only a few neighbor on the road means there's peace and quiet. Southeastern property line borders over 1,000 feet of road frontage (Brandon Hollow Lane).
REGIONAL ATTRIBUTES:
Greeneville is the county seat of Greene County, Tennessee. Most of the county offices (including motor vehicle licenses, recorder, assessor, library, health department, veteran affairs, etc) are services are located in Greeneville.
Greene County borders North Carolina on it's eastern boundary.
Greene County has 624 square miles, including part of the Blue Ridge Mountains, and is known as the birthplace of Davy Crockett, and home of Tennessee's oldest college, Tusculum College. You will find the President Andrew Jackson National Historic Site in Greeneville, and the Appalachian Trail passes through Greene County.
DISTANCE TO:
Nearest Walmart: 22.7 miles Walmart Super Store
Nearest Post Office: 10.7 miles
Nearest Grocery Store: 15.8 miles
Nearest Medical Clinic: 24.7 miles Morristown Hamblen Healthcare System
Nearest Fast Food Restaurant: 9.8 miles Subway
Nearest Restaurant: 4.0 miles Sweet Lips Diner
Nearest Gas Station: 4.0 miles Marathon Gas and Convenience Store
Nearest Golf Course: 26.4 miles Morristown Golf & Country Club
Nearest Town: 10.7 miles Bulls Gap, TN
Nearest Major Metro Area: 66 miles Knoxville, TN or 45 miles to Johnson City, TN
IDEAL USAGE:
There is an existing set of structures on the parcel, but the buildings are dilapidated. These structures should be removed (maybe harvest the weathered wood first) to make room for a large custom house/estate.
BACK STORY:
I purchased the parcel from the long-time owner, Paul Elmore, and it seems to have been in the family for many years.
ABOUT US:
My wife (Shirley Stewart) and I have been married for over 40 years, and live in Chattanooga, Tennessee most of the time. We've lived in the same house in Red Bank, TN for more than a decade, and our kids and grand kids live with a mile of our home. We are both licensed insurance claims adjusters, and we are occasionally called on short notice to work out of town, often to the Gulf Coast or the Mid-Western states to respond to flooding, hurricane, hail or tornado damage. When called, we may be out of town from a few weeks, or a few months. For this reason, we use a mail forwarding service in Sanford, North Carolina. Whether we are away or at home, when they receive our mail, they open it up and scan it. Then they send us the mail as an attachment by email. This way, we can keep current with our mail where ever we are.
My wife and I have worked in the insurance industry for more than 20 years. In the last five years, we have been slowly building up our IRA account by buying and selling real estate. I look for under-priced vacant land and when I can get it for the right price, I buy it, and turn around and sell if for less than comparable properties on the market. That's how I got this parcel, and that's why you have the opportunity to buy it for such a great price.
GPS COORDINATES:
Southern Point, where Brandon Hollow Lane makes a 90 degree right turn, is at 36.301985, -82.967943 (approx)
Eastern Point, on Brandon Hollow Lane is at 36.304253, -82.965682 (approx)
HOW TO FIND IT:
From US 81, take Exit 23 - "Bulls Gap - Hwy 11E - Greeneville"
Turn South/East, and after a 1/2 mile, turn Left onto Gap Creek Road.
Proceed North on Gap Creek Road for about 7 miles.
Turn left onto Brandon Hollow Lane. Near the end of Brandon Hollow Lane, you'll find the paved driveway to the right, and a gravel road to the left. Turn left and proceed up the gravel road, and when you see the gated driveway on the left, keep right. Continue up the gravel road, and it turns 90 degrees to the right. That's about where the parcel starts.
Proceed on Brandon Hollow Lane, and when you see the small pasture on the right, look left to see the flat spot with the existing structures. That's the place where the old existing structures are hiding through the trees and brush.
Or - Enter these coordinates into your GPS or Google Maps: 36.301985, -82.967943
WEBSITES FOR MORE INFO:
https://secure.tennesseetrustee.org/search.php
PROPERTY ATTRIBUTES:
ELEVATION (feet): 1,300 Above Sea Level at the Road (approx)
SLOPE: Gentle slope up the valley, about 40 feet of rise over the first 400 feet up the valley.
At the top of the bluff, the altitude is estimated to be about 1,500 feet, approx. 200 feet higher than the road.
ZONING: Vacant
TERRAIN: Wooded Hills and a valley near the middle
POWER: Utility Pole Across Brandon Hollow Lane (one potential buyer contacted the power company and got a quote of approx. $1,000 to bring the electrical power from where is stops now, to the middle of the flat area (most likely building spot).
PHONE: Mobile/Satellite/Alternative
WATER: Would be by Well , Cistern, or Alternate System
SEWER: Septic or Alternate System
ACCESS: County maintained gravel road
TIME TO BUILD: No Limit
TITLE INFO: Free and Clear
TITLE INSURANCE: Purchased Title Insurance to make sure there were no liens or encumbrances.
PROPERTY TAXES: Previous property taxes for 2017 were $82.00 and for 2018, $98.00**
** Previous owner elected to reduce his property taxes by signing up for the "Forest Belt" (part of the Tenn. Greenbelt Law). At time of purchase, we elected not to continue with the Forest Belt, but the new owner may opt to utilize this if they are not going to develop the parcel in the next few years. Going forward, annual property taxes should be (Approx): $350 per year (estimated)
Owed : None - Property Taxes are Paid Up to Date
Website to Confirm Tax Status: https://secure.tennesseetrustee.org/search.php
TERMS SALE: As you may know, trying to finance a piece of vacant land through a bank is difficult, if not impossible. To accommodate the needs of our buyers, we sometimes are able to offer financing on our properties. This is one of those properties where we can offer terms.
On this parcel, we require a down payment, or $2.300.00 to start. We will finance the balance on a land contract, (pretty much the same as making payments on a car), except we are not charging any interest, and there is no pre-payment penalty. The balance will be paid in 144 payments of $400.00 per month, starting the month after the down payment is made. That's a total of $59,900.00 for the parcel, which is only $2,318.12 per acre. Well below the average for the area. This is simple and straight forward. We don't pull your credit report, and we don't check you income. We do ask you to confirm that you can do three things before you buy the land...
Of course, it is assumed that your intention is to complete the payments and own the land, free and clear. However, we also know that occasionally, things happen. For this reason, we allow buyers to cease their payments at any time, and we don't send negative credit reports, or follow up with any legal proceedings. If a person needs to back out of the transaction, they can just forfeit their rights to the land, and abandon any previous payments. We will take the land back, and resell it at a later time.
Of course, you won't want to give up the down payment and monthly payments you have made, but if something happens and you have to back out of the agreement, it's an option.
And when the full balance of the purchase price has been satisfied, we will send you a "satisfaction of payments" document, along with a signed and notarized deed, ready to file at the county recorder.
If you are interested in the payment plan, let us know and we will set things up for you in a matter of hours. First, download the terms agreement at the bottom of this page. Print it out, fill in the blanks, initial and sign the document. Take photos of the signed docs and email to text them to me.
Once I have received your signed documents, your down payment can be paid one of three ways.
PayPal allows the Buyer to use a credit card, debit card, or bank account. Facebook Marketplace only accepts debit card to send or receive payments. Any of these methods will allow the Buyer to make the deposit. As the Seller, I ask that you do not make a payment via either method, until after I have received your paperwork. There is always the possibility that I may receive two sets of paperwork and I prefer not to have two people send me funds for the same parcel. If this were to happen, with Marketplace, I have to initiate the order to "Accept Payment", so I could accept one and decline the other, but I don't have that same option with PayPal, and I prefer not to have to accept and then send a refund.
If you would like to snatch this offer up, before any one else does, just download the document below,
CASH SALE - TITLE COMPANY CLOSE:
We purchased this property for cash, and used Greene County Title for the escrow, and purchased the title insurance on the property. Unless you object, I would recommend using this same title company again. Any good title/escrow service does most the work required for a clean transfer of ownership. At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to us (LarrySellsLand@gmail.com) or as a text to my personal cell phone number (423) 596-3196.
When I (the Seller) receive your signed Purchase and Sale Agreement, Seller will ask you (the Buyer) to make a $300 non-refundable earnest-money deposit (which will apply towards the purchase price.) This deposit can be paid in one of three ways.
PayPal allows the Buyer to use a credit card, debit card, or bank account. Facebook Marketplace only accepts debit card to send or receive payments. Any of these methods will allow the Buyer to make the deposit. As the Seller, I ask that you do not make a payment via either method, until after I have received your paperwork. There is always the possibility that I may receive two sets of paperwork and I prefer not to have two people send me funds for the same parcel. If this were to happen, with Marketplace, I have to initiate the order to "Accept Payment", so I could accept one and decline the other, but I don't have that same option with PayPal, and I prefer not to have to accept and then send a refund.
Once I have received your signed agreement, and your non-refundable deposit, I will submit the signed agreement to Greene County Title and Escrow company (also known as the title company), and ask them to handle the transaction. They will abide by the purchase agreement, and at your instruction, will do the research necessary to provide you with a Warranty Deed of ownership, and the title insurance policy (if you chose to purchase one). In the end, they record your deed at the county recorder, and you'll have the title insurance policy. Many of my customers do not live in the county where the parcel is, and the escrow company will take care of emailing the closing documents to you. You'll need to be able to print out a few documents, sign them, and then return them to the escrow service (usually by fax or email, but can also be mailed in an envelope).
The other decision for you will be whether or not you want to purchase a "Title Insurance Policy". In most cases, the title insurance premium is about $150 or so. This is an optional purchase for you, but if you are planning to take out a mortgage to secure a building loan on this parcel, your bank will certainly want title insurance. If that's the case, I highly recommend you purchase title insurance at this time.
Please note -- The $300 non-refundable deposit protects me, so if you change your mind, or fail to complete the sale within 30 days, the sale is terminated, and the fee will be retained. Please don't act on this purchase until you are ready to commit to the purchase.
BACK UP OFFERS:
There are two things I want you to be aware of. Even though someone says "I want it", I continue to offer the property to others until I have received both of these items (a) a signed agreement, and (b) the deposit for a cash sale, or in the case of a terms sale, the down payment. Once I receive both of these from you, you can consider the property your. At that point, I mark the listing as "Pending" and I don't accept any down payments or deposits, but I will accept other signed agreements, just in case the first sale falls through, then I know who is next in line.
DUE DILIGENCE:
As with any sizable purchase, you should do your due diligence before purchasing this, or any real estate. We have provided all the information we know about the property, and have relied on websites for most of our information. Although the information is deemed reliable, you should do your own research, and talk to the title company when they get the preliminary report completed (usually about 10 days).
WHY IS THE PARCEL PRICED SO COMPETITIVELY?
We have presented all the known information we have about this parcel, and we believe it to be a great value, but you must decide what is right for yourself. We do not develop nor improve property. We don't build, subdivide, conduct perk tests, apply by building permits, research zoning restrictions, etc. What we do know, we have disclosed here. If it's not listed here, we don't know it. Please don't call us to ask questions for which the information is already listed here. However, AFTER YOU HAVE READ EVERYTHING ON THIS PAGE, if you need to clarify something, or have process related questions (e.g. can I buy this as a gift, do you take goats in trade, etc.) then please, give us a call. (By the way, we don't take goats in trade.)
MORE INFO:
If you find any information on this web page to be incorrect, please let me know so I can make a correction ASAP. After you have read ALL the information on this page (which means you know everything I know about the property), feel free to call me if you have any additional questions or need to clarify anything. My name is Larry Stewart and my personal cell phone number is (423) 596-3196
ACRES: 25.84 (1,125,590 sq ft) Lot Area listed as 1,000' x 1,400' Irregular (approx)
NEAREST CITY: Bulls Gap
COUNTY: Greene County
STATE: Tennessee
ZIP CODE: 37711
ASSESSORS PARCEL NUMBER (APN): 031-002.00
LEGAL DESCRIPTION: PAUL ELMORE PROP PB H PG 466 FB 11905 (08)
NEAREST SCHOOLS:
Baileyton Elementary School
North Greene High School
ABOUT THE PROPERTY:
Over 25 acres, with a large flat area leading back through the valley, near the center of the property. The longer valley seems to go back over 800 feet. Four structures are evidence that the property has been inhabited in the past, but was abandoned years ago. Surrounding hillside is wooded, and across from the primary building site, there is a small, quiet pasture (not part of the parcel). County maintained gravel road makes access easy, but only a few neighbor on the road means there's peace and quiet. Southeastern property line borders over 1,000 feet of road frontage (Brandon Hollow Lane).
REGIONAL ATTRIBUTES:
Greeneville is the county seat of Greene County, Tennessee. Most of the county offices (including motor vehicle licenses, recorder, assessor, library, health department, veteran affairs, etc) are services are located in Greeneville.
Greene County borders North Carolina on it's eastern boundary.
Greene County has 624 square miles, including part of the Blue Ridge Mountains, and is known as the birthplace of Davy Crockett, and home of Tennessee's oldest college, Tusculum College. You will find the President Andrew Jackson National Historic Site in Greeneville, and the Appalachian Trail passes through Greene County.
DISTANCE TO:
Nearest Walmart: 22.7 miles Walmart Super Store
Nearest Post Office: 10.7 miles
Nearest Grocery Store: 15.8 miles
Nearest Medical Clinic: 24.7 miles Morristown Hamblen Healthcare System
Nearest Fast Food Restaurant: 9.8 miles Subway
Nearest Restaurant: 4.0 miles Sweet Lips Diner
Nearest Gas Station: 4.0 miles Marathon Gas and Convenience Store
Nearest Golf Course: 26.4 miles Morristown Golf & Country Club
Nearest Town: 10.7 miles Bulls Gap, TN
Nearest Major Metro Area: 66 miles Knoxville, TN or 45 miles to Johnson City, TN
IDEAL USAGE:
There is an existing set of structures on the parcel, but the buildings are dilapidated. These structures should be removed (maybe harvest the weathered wood first) to make room for a large custom house/estate.
BACK STORY:
I purchased the parcel from the long-time owner, Paul Elmore, and it seems to have been in the family for many years.
ABOUT US:
My wife (Shirley Stewart) and I have been married for over 40 years, and live in Chattanooga, Tennessee most of the time. We've lived in the same house in Red Bank, TN for more than a decade, and our kids and grand kids live with a mile of our home. We are both licensed insurance claims adjusters, and we are occasionally called on short notice to work out of town, often to the Gulf Coast or the Mid-Western states to respond to flooding, hurricane, hail or tornado damage. When called, we may be out of town from a few weeks, or a few months. For this reason, we use a mail forwarding service in Sanford, North Carolina. Whether we are away or at home, when they receive our mail, they open it up and scan it. Then they send us the mail as an attachment by email. This way, we can keep current with our mail where ever we are.
My wife and I have worked in the insurance industry for more than 20 years. In the last five years, we have been slowly building up our IRA account by buying and selling real estate. I look for under-priced vacant land and when I can get it for the right price, I buy it, and turn around and sell if for less than comparable properties on the market. That's how I got this parcel, and that's why you have the opportunity to buy it for such a great price.
GPS COORDINATES:
Southern Point, where Brandon Hollow Lane makes a 90 degree right turn, is at 36.301985, -82.967943 (approx)
Eastern Point, on Brandon Hollow Lane is at 36.304253, -82.965682 (approx)
HOW TO FIND IT:
From US 81, take Exit 23 - "Bulls Gap - Hwy 11E - Greeneville"
Turn South/East, and after a 1/2 mile, turn Left onto Gap Creek Road.
Proceed North on Gap Creek Road for about 7 miles.
Turn left onto Brandon Hollow Lane. Near the end of Brandon Hollow Lane, you'll find the paved driveway to the right, and a gravel road to the left. Turn left and proceed up the gravel road, and when you see the gated driveway on the left, keep right. Continue up the gravel road, and it turns 90 degrees to the right. That's about where the parcel starts.
Proceed on Brandon Hollow Lane, and when you see the small pasture on the right, look left to see the flat spot with the existing structures. That's the place where the old existing structures are hiding through the trees and brush.
Or - Enter these coordinates into your GPS or Google Maps: 36.301985, -82.967943
WEBSITES FOR MORE INFO:
https://secure.tennesseetrustee.org/search.php
PROPERTY ATTRIBUTES:
ELEVATION (feet): 1,300 Above Sea Level at the Road (approx)
SLOPE: Gentle slope up the valley, about 40 feet of rise over the first 400 feet up the valley.
At the top of the bluff, the altitude is estimated to be about 1,500 feet, approx. 200 feet higher than the road.
ZONING: Vacant
TERRAIN: Wooded Hills and a valley near the middle
POWER: Utility Pole Across Brandon Hollow Lane (one potential buyer contacted the power company and got a quote of approx. $1,000 to bring the electrical power from where is stops now, to the middle of the flat area (most likely building spot).
PHONE: Mobile/Satellite/Alternative
WATER: Would be by Well , Cistern, or Alternate System
SEWER: Septic or Alternate System
ACCESS: County maintained gravel road
TIME TO BUILD: No Limit
TITLE INFO: Free and Clear
TITLE INSURANCE: Purchased Title Insurance to make sure there were no liens or encumbrances.
PROPERTY TAXES: Previous property taxes for 2017 were $82.00 and for 2018, $98.00**
** Previous owner elected to reduce his property taxes by signing up for the "Forest Belt" (part of the Tenn. Greenbelt Law). At time of purchase, we elected not to continue with the Forest Belt, but the new owner may opt to utilize this if they are not going to develop the parcel in the next few years. Going forward, annual property taxes should be (Approx): $350 per year (estimated)
Owed : None - Property Taxes are Paid Up to Date
Website to Confirm Tax Status: https://secure.tennesseetrustee.org/search.php
TERMS SALE: As you may know, trying to finance a piece of vacant land through a bank is difficult, if not impossible. To accommodate the needs of our buyers, we sometimes are able to offer financing on our properties. This is one of those properties where we can offer terms.
On this parcel, we require a down payment, or $2.300.00 to start. We will finance the balance on a land contract, (pretty much the same as making payments on a car), except we are not charging any interest, and there is no pre-payment penalty. The balance will be paid in 144 payments of $400.00 per month, starting the month after the down payment is made. That's a total of $59,900.00 for the parcel, which is only $2,318.12 per acre. Well below the average for the area. This is simple and straight forward. We don't pull your credit report, and we don't check you income. We do ask you to confirm that you can do three things before you buy the land...
- Give us verbal assurance that you can afford both the down payment and the monthly payments, and
- Give us verbal assurance that you are responsible enough to mail in your payment each month (personal check or money order) , to be received in our mail box by the 10th of each month, without us having to remind you, and without any excuses.
- Promise us that you will respect the land, and not do anything against the law, and not do anything that would diminish the value of the land.
Of course, it is assumed that your intention is to complete the payments and own the land, free and clear. However, we also know that occasionally, things happen. For this reason, we allow buyers to cease their payments at any time, and we don't send negative credit reports, or follow up with any legal proceedings. If a person needs to back out of the transaction, they can just forfeit their rights to the land, and abandon any previous payments. We will take the land back, and resell it at a later time.
Of course, you won't want to give up the down payment and monthly payments you have made, but if something happens and you have to back out of the agreement, it's an option.
And when the full balance of the purchase price has been satisfied, we will send you a "satisfaction of payments" document, along with a signed and notarized deed, ready to file at the county recorder.
If you are interested in the payment plan, let us know and we will set things up for you in a matter of hours. First, download the terms agreement at the bottom of this page. Print it out, fill in the blanks, initial and sign the document. Take photos of the signed docs and email to text them to me.
Once I have received your signed documents, your down payment can be paid one of three ways.
- At Buyer request, Seller will send a PayPal invoice to the Buyer in the amount of $2,300.00, or
- Buyer may elect to send $2,300.00 down payment through Facebook Marketplace.
- Buyer can mail a check, money order or cashiers check and send it via "snail mail".
PayPal allows the Buyer to use a credit card, debit card, or bank account. Facebook Marketplace only accepts debit card to send or receive payments. Any of these methods will allow the Buyer to make the deposit. As the Seller, I ask that you do not make a payment via either method, until after I have received your paperwork. There is always the possibility that I may receive two sets of paperwork and I prefer not to have two people send me funds for the same parcel. If this were to happen, with Marketplace, I have to initiate the order to "Accept Payment", so I could accept one and decline the other, but I don't have that same option with PayPal, and I prefer not to have to accept and then send a refund.
If you would like to snatch this offer up, before any one else does, just download the document below,
CASH SALE - TITLE COMPANY CLOSE:
We purchased this property for cash, and used Greene County Title for the escrow, and purchased the title insurance on the property. Unless you object, I would recommend using this same title company again. Any good title/escrow service does most the work required for a clean transfer of ownership. At the bottom of this web page, you will find a simple and straight-forward form: The "Standard Vacant Land Purchase and Sale Agreement". Simply print out this form, fill in the blanks, and sign it. Then take a photo of the form and send it, either as an attachment to email, addressed to us (LarrySellsLand@gmail.com) or as a text to my personal cell phone number (423) 596-3196.
When I (the Seller) receive your signed Purchase and Sale Agreement, Seller will ask you (the Buyer) to make a $300 non-refundable earnest-money deposit (which will apply towards the purchase price.) This deposit can be paid in one of three ways.
- At Buyer request, Seller will send a PayPal invoice to the Buyer in the amount of $300.00, or
- Buyer may elect to send $300.00 payment through Facebook Marketplace.
- Buyer can mail a check, money order or cashiers check and send it via "snail mail".
PayPal allows the Buyer to use a credit card, debit card, or bank account. Facebook Marketplace only accepts debit card to send or receive payments. Any of these methods will allow the Buyer to make the deposit. As the Seller, I ask that you do not make a payment via either method, until after I have received your paperwork. There is always the possibility that I may receive two sets of paperwork and I prefer not to have two people send me funds for the same parcel. If this were to happen, with Marketplace, I have to initiate the order to "Accept Payment", so I could accept one and decline the other, but I don't have that same option with PayPal, and I prefer not to have to accept and then send a refund.
Once I have received your signed agreement, and your non-refundable deposit, I will submit the signed agreement to Greene County Title and Escrow company (also known as the title company), and ask them to handle the transaction. They will abide by the purchase agreement, and at your instruction, will do the research necessary to provide you with a Warranty Deed of ownership, and the title insurance policy (if you chose to purchase one). In the end, they record your deed at the county recorder, and you'll have the title insurance policy. Many of my customers do not live in the county where the parcel is, and the escrow company will take care of emailing the closing documents to you. You'll need to be able to print out a few documents, sign them, and then return them to the escrow service (usually by fax or email, but can also be mailed in an envelope).
The other decision for you will be whether or not you want to purchase a "Title Insurance Policy". In most cases, the title insurance premium is about $150 or so. This is an optional purchase for you, but if you are planning to take out a mortgage to secure a building loan on this parcel, your bank will certainly want title insurance. If that's the case, I highly recommend you purchase title insurance at this time.
Please note -- The $300 non-refundable deposit protects me, so if you change your mind, or fail to complete the sale within 30 days, the sale is terminated, and the fee will be retained. Please don't act on this purchase until you are ready to commit to the purchase.
BACK UP OFFERS:
There are two things I want you to be aware of. Even though someone says "I want it", I continue to offer the property to others until I have received both of these items (a) a signed agreement, and (b) the deposit for a cash sale, or in the case of a terms sale, the down payment. Once I receive both of these from you, you can consider the property your. At that point, I mark the listing as "Pending" and I don't accept any down payments or deposits, but I will accept other signed agreements, just in case the first sale falls through, then I know who is next in line.
DUE DILIGENCE:
As with any sizable purchase, you should do your due diligence before purchasing this, or any real estate. We have provided all the information we know about the property, and have relied on websites for most of our information. Although the information is deemed reliable, you should do your own research, and talk to the title company when they get the preliminary report completed (usually about 10 days).
WHY IS THE PARCEL PRICED SO COMPETITIVELY?
We have presented all the known information we have about this parcel, and we believe it to be a great value, but you must decide what is right for yourself. We do not develop nor improve property. We don't build, subdivide, conduct perk tests, apply by building permits, research zoning restrictions, etc. What we do know, we have disclosed here. If it's not listed here, we don't know it. Please don't call us to ask questions for which the information is already listed here. However, AFTER YOU HAVE READ EVERYTHING ON THIS PAGE, if you need to clarify something, or have process related questions (e.g. can I buy this as a gift, do you take goats in trade, etc.) then please, give us a call. (By the way, we don't take goats in trade.)
MORE INFO:
If you find any information on this web page to be incorrect, please let me know so I can make a correction ASAP. After you have read ALL the information on this page (which means you know everything I know about the property), feel free to call me if you have any additional questions or need to clarify anything. My name is Larry Stewart and my personal cell phone number is (423) 596-3196
CASH SALE - DOWNLOAD INSTRUCTIONS: If you had read everything on this web page, and are ready to purchase this property, click on the "Download File" below, which will allow you to print a copy of the Vacant Land Purchase and Sale Agreement. Fill in the blanks, sign it and send it back to me.
- Take a picture of the completed and signed agreement with your phone, and text it to me at my cell phone: (423) 596-3196 or
- Take a picture of the completed and signed agreement with your phone, and send it by email to LarrySellsLand@gmail.com
- Fax it to me, at the number shown on the agreement, and be sure to use the extension number, or circle it before you fax it.
- Put it in a stamped envelope and mail it to me at the address shown on the agreement.
Use the "Download File" link ABOVE for a CASH SALE
Use the "Download File" link BELOW for a TERMS SALE
TERMS SALE - DOWNLOAD INSTRUCTIONS: If you had read everything on this web page, and are ready to purchase this property, using owner-financed, land contract, click on the "Download File" below, which will allow you to print a copy of the necessary Agreements. Fill in the blanks, sign it and send it back to me.
Use the "Download File" link BELOW for a TERMS SALE
TERMS SALE - DOWNLOAD INSTRUCTIONS: If you had read everything on this web page, and are ready to purchase this property, using owner-financed, land contract, click on the "Download File" below, which will allow you to print a copy of the necessary Agreements. Fill in the blanks, sign it and send it back to me.
