Home News IRS auctions off Sherwood house on 20 acres Monday with bids starting at $482,818

IRS auctions off Sherwood house on 20 acres Monday with bids starting at $482,818

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Disgruntled home shopper Fewer homes for sale In the Portland area, we may work directly with potential foreclosures or owners to find off-market listings.

Is there another alternative to the traditional for sale sign in the garden? National Tax Agency Auctionassets — from real estate To liquor license — Sold by the government for unpaid taxes.

a Two-Story Home on 20 Acres in Sherwood It will be on the auction block on Monday, August 1st.

Shortly after the 1:00 p.m. opening time, the auctioneer wants to say “go, go, go” and then slam the hammer down and say “sold” for the highest bid on the property. 27342 SW Rudd Hill Road.

2008 photo of this hilltop property courtesy of Annie Wrucke of Realestate.com Oregon.Realestate.com Oregon

Built in 1987, the 7,897 square foot home has 4 bedrooms and 3 bathrooms.

Minimum bid required is $482,818.35.

of registration deadline It’s noon on Monday.

Winning bidders will be required to pay 20% of the sale price at the auction and the balance due on Friday 5th August. according to auction rules.

No financing. Payment must be made by authorized cashier or cashier’s check or money order to the US Treasury.

The sale releases the IRS federal tax liens, but any other liens set forth in the Charge Notice (Form 2434-B) remain the responsibility of the purchaser.

Property is sold “as is”, its condition is not guaranteed and there are no repair costs.

Potential buyers can only view the property while driving. Photos of the house and land are posted on the IRS auction website.

Sherwood 2 stories

The 7,897 square foot home has four bedrooms and three bathrooms. For more information, see property photos at treasury.gov/auctions/irs/shor_all%20_9898.htm#image.National Tax Agency

The auction will be held outside the IRS office. 225 West Broadway, Glendale, CaliforniaSome bidders emailed with fixed bids (IRS Form 14731-A) others may be directly there.

For general sale details, please visit: irsauctions.gov Or contact IRS Representative Brittany Dipla at 805-479-2552.

Built in 1987 on 20.21 acres at 27342 SW Ladd Hill Road, the 7,897 sq ft home has 4 bedrooms and 3 bathrooms. This 2008 photo of her is courtesy of Annie Wrucke of Realestate.com Oregon.

Built in 1987 on 20.21 acres at 27342 SW Ladd Hill Road, the 7,897 sq ft home has 4 bedrooms and 3 bathrooms. This 2008 photo of her is courtesy of Annie Wrucke of Realestate.com Oregon.Realestate.com Oregon

Buying a home at auction is different from a regular real estate transaction. Agents do not write offers. Properties may include furniture and movable structures.

Bidders must exercise their own research and due diligence before bidding. Some “as is” properties are sold for cash, but some properties are not IRS properties and can be financed before the deed changes ownership.

Each auction has its own Rules, Terms of Use However, most require pre-registration and a deposit.

Some auction houses require the winning bidder to pay closing costs instead of the IRS, such as an escrow fee, return tax, brokerage fee, or buyer’s premium as a percentage of the hammer price.

— Janet Eastman | 503-294-4072

[email protected] | | @janeteastman

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