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
$ 40,000.00
for the property if offered for sale within 120 days from the date of this
agreement.
I
authorize the enclosed deposit of $8,000.00
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: Single family home. 1 story. Brick Veneer. Built in 1955.
5 total rooms. 4 bedrooms. 2
bathrooms. One fireplace. Frame Garage. Total
living area is 1,780 square footage. Central A/C and heat.
2009 tax assessor
office has property valued at
93,900.
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Signature
Date