The Internal Revenue Service will hold auctions next week, with property in Willow, Wasilla, and Sterling being sold to the highest bidders.
The first action is Wednesday, July 12, for property in Willow and Wasilla with one pacel in Willow and three in Wasilla, all three about an acre in size.
On Thursday, a 7-acre parcel in Sterling will go on the auction block.
More information on how to bid on the parcels is here and at this link.
Bidders must show that they have 10% of the bid amount prior to placing a bid and will have 60 days to pay the remainder.
It is wonderful if at least one Constitutional Alaska lawyer refuses to reach out for “judgeships”. The powers that be strategize to co-opt refreshing legal experts by taking them out of practice any way they can sometimes by offering judgeships sometimes other ways. We lost two fine legal firms this way. I see what is done.
So only rich can bid on this. Sounds about right.
You need at least 10 and sometimes 20% to buy a house. Got to have it in your pocket. Why should this be any different?
The IRS headquarters is offshore in Porto Rico.
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