Fundamentals IRS Property Auctions
You may have seen commercials or advertisements on the web about the theft you can get in IRS property auctions. Whether you can actually get these agreements is questionable, but there is no doubt that the IRS includes auctions. The purpose of the auction is to sell the property of a taxpayer owes the IRS money. Here are the bases of the auction process.
Perhaps most interesting about the IRS auction is that no established procedure. With some auctions, you must appear in person to the offer. With others, you can send in one attempt. Others require that you submit a sealed bid. So? How to tell which is which? You need to get a copy of the official notification of the auction. It presents all the details and is binding on the sale of property. Read More