Mail-In Bid for Public Auction Sale

 

I, the undersigned, bid $________ on real estate located at  639 Pleasant Ave. W, Covington, TN, offered for sale by public auction on November 23, 2009.  I enclose my payment of $________, which is the 20% deposit on my bid and authorize the enclosed payment to be applied against the sale price if I am the successful bidder. I understand that this mail-in bid must be received at the address below by 4:00 p.m. November 22, 2009, to be included in the sale. The balance of the purchase price is due by December 23, 2009 at the address shown below. NOTE: The form of payment and/or bid must comply with the Terms of Payment as stated on the Notice of Public Auction Sale.  (Certified Funds Only)

 

Bidder’s Name ___________________________________________________

 

Bidder’s Phone Number _____________________________________________

 

Bidder’s Address ___________________________________________________

 

                             ___________________________________________________

 

By submitting this mail-in bid, I understand that:

This is a mail-in bid for a public auction sale, and is not a sealed bid sale;

I must comply with all other conditions as stated in the Notice of Public Auction;

There are advantages that I am foregoing by not being present at the actual sale; such as inspecting the

property, hearing any statement by the taxpayer or lien holders, and engaging in open, competitive

bidding; and

If I am the successful bidder, I am responsible for pick-up and delivery of the asset and for all costs associated with the storage and delivery of the asset after the sale is completed, and I assume all risk of loss after the bid is accepted.

 

SIGNATURE OF BIDDER: ___________________________________________________

 

 

The bids should be submitted in a securely sealed envelope with your name, address, date of sale, and lot numbers for which bids are being submitted on the upper left corner of the envelope.  All envelopes should be annotated with the name of the appropriate PALS and the statement “MAIL IN BID – TO BE OPENED BY ADDRESSEE ONLY”

 

Address to submit Mail-In Bid and Deposit:

Internal Revenue Service,

Attn:  Roberta Colee

109 S. Highland, Room 103

Jackson, TN 38301

 

 

 (IRS USE ONLY)

Total Amount of Successful Bid $ _________________

Deposit received $ _________________

Balance received Date ________________ $ _________________

Certificate of Sale Issued Date ________________

 

Signature/Title ______________________________________________________

 

RETURN OF REMITTANCE TO UNSUCCESSFUL BIDDER

The deposit submitted with this bid was returned by mail on _________________________, 2009

 

Signature/Title ______________________________________________________