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Seeking Guaranteed Bids
 
The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at: Pactolus Township, Pitt Co, NC.
 
 
Date:To Be Announced
Time:To Be Announced
 
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Description of Property: M/L 547 acres of woodland; cleared acreage cutover timber track.
 
Minimum Bid: The minimum acceptable agreement to bid is $500,000
 
Bid Note: The Agreement to Bid must be received no later than February 19, 2009.
 
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To redeem the property under (Section 7425(d) of the Internal Revenue Code or Section 2410 of Title 28 of the United States Code), the Internal Revenue Service must obtain a written agreement to bid, secured by a deposit of 20% of the amount of the bid. The deposit should be made payable to the ´United States Treasury Department´ in the form of a cashier´s check or certified check, a bank or postal money order, a certificate of deposit, or an irrevocable letter of credit. If redeemed, the property will be sold pursuant to Section 7506 of the Internal Revenue Code subject to any prior outstanding mortgages, encumbrances, or other liens that may be superior to the lien of the United States. Agreements to bid must be accompanied by the required deposit.
 
The Agreement to Bid and deposit should be sent to:
Name:Bruce Morton
Title: Revenue Officer
Bureau: IRS
Address: 2835 S. Charles Blvd.
Greenville, NC, 27858
Phone: (252) 561-4017
 
Available images for this Item
View of Cleared Acreage  
View of Cleared Acreage
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For additional information, please contact Bruce Morton
Updated: 1/6/2009
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