Sevier County, Tennessee Government Auctions

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

Open now in Sevier County

Real Estate

Freddie Mac HomeSteps

Open

929 Buck Way, Sevierville, TN 37876

Sevierville, Tennessee

Freddie Mac HomeSteps (REO) home in Sevierville, TN. 2 bed, 2 bath. 1,536 sq ft. Built 2000. Single-Family. List price $399,900. Sevier County. Offers go through the listing broker (NEW NEST REALTY); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$399,900

Details ↗

By sale type

Freddie Mac REO1

By source

Freddie Mac HomeSteps1

How these sales work

Buying government property in Sevier 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.