Mail-In Bid for Judicial Sale

I, the undersigned, bid $ ___________________ for real property identified as 1334 Peralta Street, Oakland, CA, offered for sale by public auction on November 19, 2009.

I enclose my payment of _______________________ which is at least Ten Thousand Dollars ($10,000.00) in the form of a cahiers or certified check payable to the United States Treasury, and I authorize the enclosed payment to be applied against the sale price if I am the successful bidder.    If I am the successful bidder, within twenty (20) days of the date of the sale I agree to deposit, in certified funds payable to the United States Treasury, the balance of the purchase price with Kathryn Clark, Property Appraisal and Liquidation Specialist, 55 S. Market Street, HQ5410, San Jose, CA  95113.    I understand that if I do not pay the balance of my bid amount, I will lose my deposit.

I understand that this mail-in bid must be received at the address below by November 18, 2009 to be included in the sale.   NOTE: the form of payment and/or bid must comply with the Terms of Payment as stated in the Notice of Judicial Sale.

Bidder's Name (Print) _______________________________________________________
Bidder's Phone Number____________________________________________________
Bidder's Address: __________________________________________________________
__________________________________________________________________________

By submitting this mail-in bid, I understand that:
    This is a mail-in bid for a Judicial Sale, and it is not a sealed bid sale;
    I must comply with all other conditions as stated in the Notice of Judicial Sale
    There are advantages that I am forgoing by not being present at the actual sale, such as inspecting the property, hearing any statements, and engaging in   open, competitive bidding.

SIGNATURE OF BIDDER: ___________________________________

Submit the bid in a securely sealed envelope with your name, address and date of sale on the upper left corner of the envelope. Address to submit MAIL-IN BID and Remittance:

 

Kathryn Clark

Property Appraisal & Liquidation Specialist

Internal Revenue Service

55 S. Market St., Stop #5410

San Jose, CA 95113

Kathryn.K.Clark@irs.gov

 

Annotate the envelope with: ' MAIL-IN BID - TO BE OPENED BY KATHRYN CLARK’


(IRS USE ONLY)
Total amount of successful bid $_______________
Deposit received $_______________
Balance received Date_________ $_______________

Signature/Title _______________________________________
RETURN OF REMITTANCE TO UNSUCCESSFUL BIDDER
The deposit submitted with this bid was returned by Mail on ____________, 2009
Signature/Title ________________________________________