TERMS AND CONDITIONS OF SALE:



No bid shall be accepted by the Internal Revenue Service, unless the same is accompanied by a money order, certified check or cashiers check, in the minimum amount of $170,000, made payable to the United States District Court for the Southern District of Ohio. Before being permitted to bid at the sale, all bidders shall display to the Internal Revenue Service 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 tender the balance of the purchase price, in certified funds payable to the United States District Court for the Southern District of Ohio, at the office of the Internal Revenue Service on or before 3:30 P.M., forty five (45) days from the date of the sale.



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 Internal Revenue Service 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 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 Internal Revenue Service 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 from sale.



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This is not an advertisement of a sale of administratively seized property. This is an information notice only regarding a sale being conducted by the Internal Revenue Service as a result of the judicial foreclosure of Internal Revenue Service Federal Tax Liens by the Department of Justice.