One other point to remember on these government auctions, unless specifically stated, there may be liens on the aircraft that YOU must satisfy in order to get a clean title.
In fact, this auction states that all you are getting is the taxpayers rights to the aircraft. The IRS may be able to provide additional information as to other lien holders but there is no guarantee. If anyone was seriously interested in bidding on this or any other aircraft auctioned by a government agency, a title serach would be a must.
I bought my 152 at an auction, but it was by the bank that held the note and I was guaranteed a clean title as part of the auction. In spite of that guarantee, I STILL paid for a title search prior to bidding.
When it comes to auctions, BUYER BEWARE!
