• NOTICE OF REAL ESTATE AUCTION

Pursuant to the Order of Judicial Sale filed September 27, 2018, in the case of United States v. Jimmie O. Clements Jr.; Kelly Ryan aka Kelly B. Clements; Arbor Village Condominiums Inc.; Commercial National Bank of Texarkana; Larry Gaddes as Williamson County Tax Assessor/Collector, civil case no: 1:18-cv-574-LY, the Internal Revenue Service will sell at public sale the following property located in the County of Williamson, State of Texas: - Property description: 8340 Fathom Circle #402, Austin, TX 78750, more specifically described as follows: - Unit 402, Building D, ARBOR VILLAGE CONDOMINIUMS, a Condominium project in Williamson County, Texas, according to the Condominium Declaration, Exhibits, Plats, and Bylaws recorded in Volume 1, Page 1, Condominium Records of Williamson County, Texas. - Said properties to be sold on the following terms and condition: - Date and Time of Auction: May 23, 2019 @ 11:00am - Location of Auction: 8340 Fathom Circle #402, Austin TX 78750 - Open house: May 22, 2019, 11:00am - 2:00pm - MINIMUM BID AMOUNT: $75,000 - Terms and Conditions of Sale - The successful bidder shall be required to deposit at the time of the sale a minimum of twenty percent (20%) of the minimum bid, with the deposit to be made by certified cashier check or cash payable to the United States District Court. Before being permitted to bid at the sale, bidders shall display to the Internal Revenue Service proof that they are able to comply with this requirement. No bids will be accepted from anyone who has not presented that proof. The balance of the purchase price for the realty is to be paid to within 30 days after the bid is accepted by certified or cashier's check payable to the US District Court. If the bidder fails to pay the balance of the purchase price within the required time, the deposit shall be forfeited and shall be applied to cover the expenses of the sale with the remainder held in the court registry unitl the property is sold. The property shall be again offered for sale under the terms and conditions of this Order or, in the alternative, sold to the second highest bidder. The United States may bid as a creditor against its judgment without any tender of cash. - 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 regulation (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 guarantee 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. - The sale of the realty will confirm itself within thirty-five (35) days from the date of sale, unless an objection is filed. On confirmation of the sale, all interests in, liens against, or claims to, the subject property tat are held or asserted by all parties to this action shall be discharged and extinguished. The Court will confirm the sale and a deed executed after confirmation shall discharge the property from all liens, encumbrances, and titles over which the United States had priority. - Additional information can be found at http://www.irssales.gov, email Hallie.Lipscomb@irs.gov, or contact Hallie Lipscomb, Property Appraisal and Liquidation Specialist at (916) 974-5260 for more information regarding this sale.
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PostedApril 09, 2019