5959 Tampa Avenue, Tarzana, Ca 91356 (the “Property”) bearing APN 2153-034-011
The Trustee proposes to sell the Property to proposed buyer pursuant to 11 U.S.C. §§ 363(b) and (f) for a purchase price of $1,350,000. The property is being sold on an “AS IS, WHERE IS” basis without any warranties, express or implied, and without any contingencies, and free and clear of all liens, claims interests, and encumbrances, with such liens, claims, interests, and encumbrances to attach to sale proceeds. Potential purchasers seeking to submit an overbid must submit offers to counsel for the Trustee and Trustee no later than three days before the hearing on the Motion (Sept. 22, 2021) via email directed to Diane C. Weil (email@example.com), David Seror (firstname.lastname@example.org), and Tamar Terzian (email@example.com) of intent to overbid and proof of financial ability to close escrow.
Diane C. Weil
Method of Sale
Offer Subject to Overbid
The initial Overbid is: $1,400,000; Subsequent Overbid Increments are: $10,000. To qualify, Overbidders must deposit: $40,500 and provide proof of financial ability to close escrow. The deposit must be remitted to the Trustee no later than three days prior to the hearing, payment in the form of a cashier’s check only (no other form of payment shall be accepted) made payable to “Diane C. Weil, Chapter 7 Trustee”.
September 22, 2021 at 11:00 a.m. before the
Honorable Martin Barash
David Seror, Esq.
Tamar Terzian, Esq.
21650 Oxnard Street, Suite 500
Woodland Hills, CA 91367
Telephone: (818) 827-9000
Facsimile: (818) 827-9099
In re: Valley Enterprises T.S., Inc
Bankruptcy Case No.: 1:20-bk-11784-MB