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NOTICE OF JUDICIAL SALE
 
Under an Order of Judicial Sale entered in the United States of America vs. Taxpayer, the United States will offer to sell at public auction property located in:2480 Lambert Dr., Pasadena, CA.
 
 
Date:12/14/2012
Time:11:00 AM
 
Bidder Registration Time:NOTE:SALE TIME IS AT 11:15 AM
 
Sale Location: Los Angeles County Courthouse, 111 North Hill Sreet, Los Angeles, CA – outside the courthouse
 
Title Offered: .
 
Description of Property: Ranch style 3 bedroom, 2 bathroom single family residence with 1901 sq. ft on a 8,400 sq ft. lot.
 
Property May Be Inspected at:
address above FROM ROAD ONLY
 
Legal Description: LOT 6, IN BLOCK “F” OF TRACT 10273, AS PER MAP RECORDED IN BOOK 148, PAGES 60 AND 61 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
 
Minimum Bid: $439,000.00
 
Bid Note: Mail in bids accepted
 
Click here for Mail-in Bid Form
 
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 $ 87,800.00 made payable to the United States District Court for the Central District of CA. 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.

The successful bidder shall deposit at the time of the sale with the Internal Revenue Service a minimum of twenty percent (20%) of the bid, with the deposit to by certified check or cashier’s check, payable to the United States District Court, or cash deposit.
The successful bidder shall tender the balance of the purchase price, in certified funds payable to the United States District Court, at the office of the IRS on or before 3:30 P.M., three(3) business days after the bid is accepted, by certified check or cashier’s check made 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.
 
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: (805) 233-2976
 
Email: Douglas.G.McDonald@irs.gov
 
Updated: 12/14/2012
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