Furrow Auction Presents . . . TN/GA Foreclosure and Absolute Real Estate Auction, Hixson, TN and Ringgold and Rossville, GA, 08-24-06

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FORECLOSURE
REAL ESTATE AUCTION

AND

ABSOLUTE REAL
ESTATE AUCTION
To Be Sold To The Highest Bidder
Without Minimum or Reservation

3 Different Auction Sites
Thursday, August 24, 2006
Beginning at 11:00 AM

Sale #1 –11: 00 AM Foreclosure Real Estate Auction

SALE #1 CANCELLED

By Order of Secured Party

Income Producing Mini-Warehouses
8017 Hixson Pike, Hixson, TN

Approx. 195’ Frontage on Hixson Pike
Situated on Approximately .76 Acres
Total of 83 units in Three One level buildings
        80 - 10 x 10 units
        1 – 10 x 15
        1 – 10 x 20
        1 – 12 x 15
Built 1994
Improved with Billboard with Land Lease of $167/month

Utilities Available: Electric/Water/Sewer/Gas

Zoning: C-3 Commercial

Taxes: Buyer responsible for current and delinquent taxes in the approximate amount of $14, 594

Sale #2 – 12:30 pm Absolute Real Estate Auction

Two Residential Lots To Be Offered Separately
Lots 22 and 23 Ridgecrest Estates Subdivision,
Fieldstone Drive, Ringgold, Georgia

Utilities Available: Electric/Water/Sewer

Taxes: Buyer responsible for current and delinquent taxes

Sale #3 – 1:30 pm Absolute Real Estate Auction

617 Flegal Avenue, Rossville, GA

Potential income producing
2 Bedroom 1 Bath Home
Approx. 858 s/f
Built 1932

Utilities Available: Electric/Water/Sewer

Zoned: R-2 Residential

Taxes: Buyer Responsible for current in delinquent taxes in the approximate amount of $310.09

Terms: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due today in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

Directions:

Sale #1 – From I-75 Take Exit 4 (Airport Exit Hwy 153). Travel 8.6 miles and turn right onto Hixson Pike ( Hwy 319). Travel 6.4 miles to property on left.

Sale #2 – From I-75 take Exit 350 (Ft. Oglethorpe/Battlefield Parkway/Hwy 2 Exit). Turn Right on to Battlefield Parkway traveling West toward Ft. Oglethorpe. Travel 1 mile and turn left onto Three Notch Road at the Conoco Gas Station. Travel 2/10 mile to Four way Stop and turn left onto Boynton. Travel 5/10 mile and turn right onto Baggett. Travel 1.3 miles to the entrance of Ridgecrest Estates Subdivision. Turn left into Subdivision onto Fieldstone Drive. Travel 3/10 mile to lots on the left.

Sale #3 – In Rossville at the Rossville Post Office, the intersection of Hwy 27 and McFarland Drive. Travel South on Mcfarland 3/10 mile and turn left onto Maple Street. Travel 2/10 mile and turn right onto Flegal Aveneue. Second house on the left

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