A Rare Find

The Internal Revenue Service is seeking prospective purchasers of real property in order to redeem and sell the property located at:

1011 Center Church Road
Eden, NC 27288


Date: To Be Announced
Time: To Be Announced

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Description of Property: Two-Story family dwelling; 4BR, 2 1/2BA, living room, dining room, galley kitchen, wide front porch, heated area 2,368 sq ft, fireplace & basement.


Minimum Bid: The minimum acceptable agreement to bid is $45,000

Bid Note: The Agreement to Bid must be received no later than March 12, 2010


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: C.D. Peoples
Title: Revenue Officer
Bureau: Internal Revenue Service
Address: 2303 West Meadowview Rd, Ste 100B
Greensboro, NC, 27407
Phone: (336) 378-2880