Auction of Seized Property:
Filmed and researched by Oscar Morante of Advanced Real Estate Concepts, LLC. www.bestshortsales.com
This property was seized by the federal government due to tax evation. The owners of the property were suspected of funding terrorism. 
Since they were about to be arrested they left the country. Apparently they were found inocent anyway. However, apparenrently the Treasury Department nailed them because they left the country without declaring how much they were taking with them. Someone said that they were worried of endin up at Guantanamo. One of the owneres was American, the other Saudi. 
The property in Ashland Oregon. It was auctioned to highest bidder. To my judgement they either paid too or they know something about the property that others don't. 
For more information go to www.bestshortsales.com
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Thursday, April 26, 2007
Government Real Estate Seizure Auction
Posted by
eugene
at
2:14 PM
Labels: auction, auctioneer, deeds, estate, foreclosure, government, mortgages, real, sale, seizure, sheriff, trust, trustee
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