- Property Data
- State address and legal description of
property as it appears in the foreclosure or quiet title complaint. Attach
additional sheets if necessary. Indicate type and use of property. As to type,
indicate whether it is commercial or residential; as to use, indicate whether it
is personal residence, rental property, etc.
- Appraisal Action
- State fair market value and forced sale value
as of current date as established by written appraisals of two (2) disinterested
personal qualified to render appraisals. Written appraisals in triplicate must
accompany application, together with brief statement setting forth each
appraiser's qualifications. Any Federal Agency may submit its own value in lieu
of two written appraisals.
- Foreclosure Information
- Give date of foreclosure sale, name and
address of purchaser, and purchase price. Attach copy of decree of foreclosure
or other judicial proceeding.
- Encumbrances and Charges to be Considered
- List all encumbrances
and charges which applicant requests be taken into consideration in valuing the
right of redemption, in order of priority, together with sufficient information
to establish or identify such priority. Attach additional sheets if necessary
in supplying the information requested.
- Federal Tax Liens
- List applicable notices of federal tax liens
in chronological order, using additional sheets if necessary in supplying the
information requested.
- Other Pertinent Information
- List any other information which in
the opinion of the applicant, might have a bearing upon the determination to be
made.
This application must be accompanied by a cashier's or certified
check payable to the "Internal Revenue Service" in an amount equal to the value
of the right of redemption of the United States as best estimated by the
applicant based on the information contained in this application, but in no event
can the consideration offered for the release be less than $50.00 (except in the
case of applications by agencies of the United States Government). The
remittance shall be retained by the United States Attorney, and should this
application be rejected such cashier's or certified check will be returned
without interest.