AUCTION ID #: 402904 Bookmark and Share
Will Scott Test - APN: 123-456-789-4
Item 402904  
Opens In: * d 22 hr 19 min
Your Bid Status: Item In Preview
Reserve: No Reserve!
Status: Preview
Auction Starts: 03-07-11    11:00 AM ET
Auction Closes: 03-10-11    01:15 PM ET
Asset Details
Seller Information
      
Seller Name: Will@B4A
Rating: Not Applicable
Location: COUNTY OF KINGS, CA    93230

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Bid Increment: $100
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $12,800
Auction Type: Regular Auction
Source: Government
Deposit Required: $100,000    
Overtime Period: 5 min
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Please select one of the deposit methods below and click 'Continue'.
Deposit Method Availability
Certified Check/Money Order 3 business days from the day it is received by Bid4Assets
Wire Transfer 2 business days from the day it is received by Bid4Assets
Important Note to Bidders. This auction requires bidders to make a deposit prior to placing a bid. Please fund your account well in advance of the auction date. To view funding methods, click on each funding link, or visit our Help Section. To make your deposit, click on your preferred deposit method.
* If Bid4Assets is unable to collect the ACH Deposit from your financial institution for any reason, your account will no longer be considered funded and you will not be permitted to bid on or win the auction without placing a new deposit.
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Asset Information Additional Details Your Bid History
Item Specifics
 
Parcel Information  
  APN 123-456-789-4

Asset Description


Legal Description

This is a test of the Bid4Assets System. The broadcasters of your area in voluntary cooperation with the Federal, State and local authorities have developed this system to keep you informed in the event of an emergency. If this had been an actual emergency, the Attention Signal you just heard would have been followed by official information, news or instructions. This station serves the area. This concludes this test of the Bid4Assets System.






Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Bidding Requirements
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller.

Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions.

To find out more about the BidDeposit requirement, click here.
Additional Terms of Service
The Tax Deed conveys all right, title, and interest to the property in accordance with the provisions of Revenue and Taxation Code section 3712. The County assumes no liability for any other possible liens, encumbrances or easements, recorded or not recorded. When property is sold at public auction on which the IRS holds a tax lien, the United States has the right of redemption for 120 days from the date of such sale (26 USC Sec. 3712(g) and 7425(d)). The IRS will pay the actual amount paid for the property by the bidder, plus interest at 6% per annum from the date of sale, plus the expenses of sale that exceed any income received from the property.
Settlement Requirements
  • Certified/Cashier's Check
  • Wire Transfer
  • Full payment must be received by Bid4Assets no later than 4:00 PM ET (7:00 PM PT) Friday, March 13th, 2009. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.

    A California Documentary Transfer Tax will be added to, and collected with, the full purchase price. This tax is calculated at the rate of $.55 for each $500.00 or fractional part thereof. Additionally a $15 per-parcel-won administrative fee will be added to the final Sale Price.

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