IRS Auction - Sales Ad for Spring, TX

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NOTICE OF JUDICIAL SALE

Under an Order of Foreclosure and Sale entered in Taxpayer v. United States of America, in the United States District Court for the Southern District of Texas, Houston Division, in Civil No. 4:06-CV-03407, the United States will offer to sell at public auction the real property located at 3810 Coltwood Drive, Spring, TX 77388

Date:

5/30/2008

Time:

10:00 AM

Open House:

Open house – May 3 & May 10 –10:00 AM – 12:00 PM(NOON) at 3810 Coltwood Drive, Cypresswood, TX 77388 –

Bidder Registration Time:

9:30 AM

Sale Location:

3810 Coltwood Drive, Spring, TX 77388

Title Offered:

All of the property shall be sold free and clear of all liens and claims of any party to this proceeding.

Description of Property:

A 2,198 sq ft. living space, one story single family brick home, located on 7,475 sq. ft., located in Cypressdale Sec 2 with four bedrooms, 2 car attached garage; sunken formal living room, formal dining room, kitchen nook, bar and family room with fireplace and 2 ½ baths; central air and heat, utility room; tile, carpet, wallpaper; built in 1976.
Appraised value per HCAD – 2008 - $124,186.00 – acct #1060650000027

Property May Be Inspected at:

See Open House

Legal Description:

Lot 27, Block 13, Cypressdale, Section two, a recorded subdivision located in Harris County, Texas, according to the map and plat thereof recorded in Volume 200, Page 6 of the Map Records on file with the County Clerk of Harris County, Texas.

Encumbrances Note:

Property Tax – Harris County - $1,182.46

Minimum Bid:

$60,000.00

Bid Note:

Mail in bids accepted

Click here for Mail-in Bid Form

Click here for photos of property

The Terms of Payment:

The property will be offered for sale at public auction and sold to the highest
bidder, under the terms and conditions of sale that are set forth below, all of the right, title and interest of taxpayers.
The successful bidder shall be required to 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 be made by certified check or cashier’s check, payable to United States District Court for the Southern District, Houston Division, immediately upon the real property being struck off and awarded to the highest and best bidder. Before being permitted to bid at the sale, bidders shall display to the Internal Revenue Service (IRS) proof that they are able to comply with this requirement. No bids will be received from any one who has not presented that proof.
The balance of the purchase price for each property shall be paid to the IRS, Property Appraisal and Liquidation Specialist, within thirty (30) business days after the bid is accepted, by a certified or cashier’s check made payable to the United States District Court for the Southern District of Texas. If the bidder fails to fulfill this requirement, the deposit shall be forfeited and shall be applied to cover the expenses of the sale, with any amount remaining to be applied to the federal tax liabilities of taxpayer at issue herein. The realty shall be again offered for sale under the terms and conditions of the order of sale.
The sale of the property will confirm itself within 15 days after the balance of the sales proceeds are received, unless someone objects to the sale. Upon confirmation of the sale, the IRS will execute and deliver a quit claim deed conveying the property to the purchaser. On confirmation of the sale, all interests in, liens against, or claims to, the Property that are held or asserted by all parties to this action are discharged and extinguished. The IRS shall make return of the Confirmation of Sale for the property, with its proceedings endorsed thereon, showing the manner in which it has executed the same, within 30 days from the date of the sale of the property.
The property will be sold without appraisal, subject to any unpaid real property taxes or special assessments, to satisfy the Order of Foreclosure and Sale. The government reserves the right to reject any and all bids and to withdraw the property from sale. The sale shall be subject to building lines if established, 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 “where is” and “as is” and without recourse against the United States. The United States makes no guaranty or warranty 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.

Form of Payment:

To be made by certified check or cashier’s check, payable to United States District Court for the Southern District, Houston Division

This is not an advertisement of a sale of seized property. This is an information notice only regarding a sale being conducted by the IRS as a result of the foreclosure of Internal Revenue Service Federal Tax Liens by the Department of Justice.
Additional information can be found at www.irsauctions.gov or call Shelia Kuykendall, the Property Appraisal and Liquidation Specialist at (713) 201-8820. The information stated in other hyperlinks on this web page does not apply to this type of sale.
The sale is ordered under 28 U.S.C. §§ 2001, 2002 and 2004, and is made without right of redemption.
Dated: April 18, 2008.

For additional information about the property and proposed sale, please contact the following office:

Name:

Sheila Kuykendall

Title:

Property Appraisal and Liquidation Specialist

Bureau:

Internal Revenue Service

Address:

12941 I-45 North, Suite 316,
MS-5224HNW
Houston, TX, 77060-1235

Phone:

(713) 201-8820

Mobile: