AGREEMENT TO BID

 

 

 

I, the undersigned, in consideration of the United States Government offering for public sale the property described below, agree to bid at least the amount of

$_____________  for the property if offered for sale within 90 days from the date of this agreement.

 

I authorize the enclosed deposit of  $ ________________to be applied against the sale price if I am the successful bidder.

 

I further understand and agree that if I do not bid at least the amount specified in this agreement and the property is not sold within the time specified above for at least such amount, my deposit will be retained pending final determination of the damages the Government sustained because of the default.  If damages exceed the amount of the deposit, I will be liable for the excess damages.

 

PROPERTY DESCRIPTION

 

Approximately 1,285 sq ft., 2 bedroom, 2 bath, single family residence located in Cleveland, MS.  Physical address is 205 North Leflore Avenue, Cleveland, MS 38732.

 

 

 

 

 

 

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Signature                                                                                   Date