IRS Auction - Sales Ad for Odessa, TX

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NOTICE OF JUDICIAL SALE

Pursuant to an Order of Sale entered in United States vs. defendants, Civil Action No.mo-08-CV-042, United States District Court for the Western District of Texas , 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 in herein, the property described below:

Date:

11/19/2009

Time:

11:30 AM

Sale Location:

Ector County Library entrance at 321 W. 5th St., Odessa, TX 79761

Title Offered:

The property shall be offered for sale at public auction, free and clear of all liens and interests of the parties to this action.

Description of Property:

4 bedroom, 2 bath single family residence

Property May Be Inspected at:

518 McKinney Ave. Odessa, TX 11:00 am to 1:30 pm on Nov. 18, 2009.

Legal Description:

Lot 5, Block 3, MCKINNEY TERRACE, and Addition to the City of Odessa, Ector County, Texas according to the map or plat thereof of record in Volume 3, page 320, Deed Records, Ector County, Texas, EXCEPT ALL oil, gas and other minerals in, or under said land. Nos. 843/B and 844/A, of the Plat Records of Fort Bend County, Texas.

Minimum Bid:

$66,000.00

Bid Note:

Mail in bids accepted

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: No bid (except for bids made by the United States) shall be accepted by the IRS, unless the same is accompanied by a certified check or cashier’s check, in the minimum amount of $6,600.00 made payable to the United States District Court for the District of (enter Court w/ Jurisdiction). Before being permitted to bid at the sale, all bidders shall display to the IRS proof that they are able comply with this requirement. No bids will be received from any person who has not presented proof that, if he or she is the successful bidder, he or she can make the deposit required by the Order.

Within fifteen (15) business days of the date of the sale, the successful bidder shall remit the balance of the purchase price in certified funds payable to the United States District Court.

In the event the successful bidder defaults on any of the terms contained in the Order, the deposit shall be forfeited and retained by the IRS as part of the proceeds of sale, and the real property shall again be offered for sale, without further permission of the Court, under the terms and conditions of the Order, or, in the alternative the real property shall be sold to the second highest bidder.

The United States may bid as a creditor against its judgments without tender of cash.

The sale of the real property shall be subject to confirmation by the Court. Upon confirmation of the sale and receipt of the entire purchase price, the Court shall issue and the IRS shall deliver to the purchaser, a deed conveying the real property to the purchaser. Upon confirmation of the sale, all interests in, liens against, or claims to, the real property that are or may be asserted by any of the parties to this action are discharged and extinguished.

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 cash, certified check, cashiers or treasurer's check or by a United States postal, bank, express, or telegraph money order. Make check or money order payable to the United States District Court.

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

This is not and advertisement of a sale of seized property. This is and 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:

Doug McDonald

Title:

Property Appraisal and Liquidation Specialist

Bureau:

Internal Revenue Service

Address:

751 Daily Dr
Suite 100
Camarillo, CA, 93010-6076

Phone:

(805) 445-4571

Mobile: