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NOTICE OF JUDICIAL SALE
 
Under an order of judicial sale entered in United States vs. defendants, Civil Action No. SACV 1-02010-CJC (RNBx), United States District Court for the Central District of California, Southern Division, the United States will offer to sell at public auction to the highest bidder, according to law and pursuant to the terms and conditions set herein, the property described below.
 
 
Date:3/4/2014
Time:1:00 PM
 
UPDATE - SALE CANCELLED
 
Sale Location: At the North Front Entrance to the Central Justice Center, 700 Civic Center Drive West, Santa Ana, CA 92701.
 
Title Offered: Contact Kathryn Clark, PALS
 
Description of Property: This single-family, two-story home is 1,873 square feet with 3 bedrooms and 2-1/2 bathrooms The house is situated on a lot size of 4,282 square feet, and the yard and home have been beautifully maintained. The view from the rear yard is exceptional. The house is in a very nice neighborhood with a park just a few houses away.
 
Legal Description: Parcel 1: Lot 5 of Tract No. 12950, as shown on a map recorded in Book 583, pages 33, 34, and 35, of Miscellaneous Maps, records of Orange County, California. Parcel 2: A non-exclusive easement on and over the “common area,” as defined in the declaration establishing a plan for planned development ownership for Vista Map (“Declaration”) recorded October 15, 1987 as Instrument no. 87-576858 of official records of Orange County, California, and any amendments thereto, for access use, enjoyment, ingress and egress purposes, as set forth in said declaration. APN 653-321-05

Physical Description: 24811 Stonegate Lane, Laguna Niguel, California 92677
 
Minimum Bid: $487,500.00
 
Bid Note: Mail in bids accepted. See Additional information below.
 
Click here for Mail-in Bid Form
 
Click here for photos of property
 
The Terms of Payment: See Below.
 
Form of Payment: See Below.
 
The Terms of payment: The successful bidder shall be required to deposit with the Property Appraisal and Liquidation Specialist by cash, money order, or by certified or cashier’s check payable to the United States District Court for the Central District of California, a deposit equal to twenty percent (20%) of the bidder’s total bid immediately upon the property being struck off and awarded to such bidder as the highest and best bidder. The successful bidder shall remit the remaining eighty percent (80%) of said purchase price to be paid on or before 5:00 p.m., within three (3) business days of the date of sale, by cash, money order, or by certified or cashier’s check payable to the United States District Court for the Central District of California. The final payment will be given to the Property Appraisal and Liquidation Specialist for deposit with the Clerk of the Court. If the successful bidder fails to comply with the terms of the sale, such bidder shall be liable to the United States of America for twenty percent (20%) of the value of the property as a penalty. The Clerk shall distribute the 20% penalty as directed by the Property Appraisal and Liquidation Specialist by check made to the “United States Treasury” to be applied toward payment of said penalty. Payment of said penalty shall not be a credit on the judgment of the United States. The subject property shall again be offered for sale under the terms and conditions of the Order for Sale or, in the alternative, sold to the second highest bidder. Upon selling the Subject Property, the United States of America shall prepare and file with the Court an Application by the United States of America confirming Sale and Directing Distribution of Sale Proceeds, which will set forth an accounting and report of sale for the Subject Property. The sale of the Subject Property shall be subject to confirmation by the Court. The Application by the United States of America Confirming Sale and Directing Distribution of Sale Proceeds shall be filed within thirty (30) days from the date of sale. If no objections have been filed in writing in this cause with the Clerk of the Court within fifteen (15) days of the date of sale, the sale shall be confirmed by the Court without necessity of motion. On confirmation of the sale, the Internal Revenue Service will execute and deliver its deed conveying the subject property to the purchaser. On confirmation of the sale, all interests in, liens against, or claims to the subject property that are held or asserted by all parties to this action are discharged and extinguished. Possession of the subject property shall be yielded to the purchaser upon production of the Deed. The sale shall be subject to all laws, ordinances, and governmental regulations (including building and zoning ordinances), affecting the premises, and easements and restrictions of record, if any.

The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.

The United States reserves the right to reject any and all bids and to withdraw the property form sale.

Form of Payment: All payments must be by certified or cashier’s check. Make checks payable to the United States District Court for the Central District of California.

Mail-in Bid Information: Mail-in bids will be accepted and must be received by the Property Appraisal and Liquidation Specialist by February 28, 2014.

*************************IMPORTANT INFORMATION***********************

This is not an advertisement of a sale of seized property. This is an information notice only regarding a sale being conducted by the Internal Revenue Service as a result of the foreclosure of an Internal Revenue Service Federal Tax Lien by the Department of Justice.
 
For additional information about the property and proposed sale, please contact the following office:
Name:Kathryn Clark
Title: Property Appraisal and Liquidation Specialist
Bureau: Internal Revenue Service
Address: 55 South Market Street
MS-HQ5410
San Jose, CA, 95113
Phone: (408) 283-1840
Mobile: (408) 202-3818
 
Email: Kathryn.K.Clark@irs.gov
 
 
Available images for this Item
View of House  
View of House
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View of park from house  
View of park from house
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View from rear yard  
View from rear yard
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For additional information, please contact Kathryn Clark
Updated: 3/4/2014
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