GA

Roane County, Tennessee Government Auctions

1 open listing in Roane County, including 1 freddie mac REO. Every listing links to the official source to bid.

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RE

Real Estate

Freddie Mac HomeSteps

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1115 Winton Chapel Rd, Rockwood, TN 37854

Rockwood, Tennessee

Freddie Mac HomeSteps (REO) home in Rockwood, TN. 3 bed, 5 bath. 1,848 sq ft. Built 1998. Manufactured. List price $294,900. Roane County. Offers go through the listing broker (BENTWOOD PROPERTY GROUP INC); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$294,900

How these sales work

Buying government property in Roane County

Tennessee is a redeemable deed state

Tennessee counties collect delinquent taxes through chancery court lawsuits, ending in a Clerk and Master sale that conveys a deed subject to a redemption period. Parcels the county buys in are later sold as county-owned surplus.

Redemption period
The redemption period is commonly up to one year, shortened to as little as 30 days for long-vacant or abandoned property; the buyer's deed is confirmed after it runs.
Interest or penalty
The redeeming owner pays the purchase price plus interest, commonly cited at 12% per year, plus any taxes the buyer paid.
Full Tennessee guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.