The Receiver is proposing to sell its undivided 50% interest in the real property commonly known as Zig Zag Lot 4, 22542 E. Brightwater Way, Rhododendron, Oregon 97049 to Douglas A. Howden, Trustee of the D.A. Howden Trust dated April 19, 1996 (“Howden”) in exchange for Howden’s undivided 50% interest in Zig Zag Lot 11 in the same residential development, as a result of which the Receiver will hold 100% of Zig Zag Lot 11 and Howden will hold 100% of Zig Zag Lot 4. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate page.
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Pending Sale
The Receiver is proposing to sell the real property commonly known as 1535 Horseshoe Bend Road, Lovelock, Nevada 89419 for a cash purchase price of $12,000. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.
Proposed Settlement.
The Receiver is proposing to enter into a settlement with Hanes-Zoller Joint Venture, the Zoller Family Limited Partnership, and R.C. Hanes Limited Partnership in order to resolve the case known as Clyde & Hamstreet & Associates, LLC v. Hanes-Zoller Joint Venture, et al., Clark County Superior Court Case No. 20-2-00632-06. Pursuant to the proposed settlement, among other things, the Receiver will receive a payment of $120,829.04. The notice of the proposed settlement is available on the Settlements Page.
Pending Sale
The Receiver is proposing to sell the real property commonly known as Vacant Land, Yonder Way, Seligman, AZ 86337 for a cash purchase price of $22,000. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.
Reduction of Reserve Prices for 3 properties
The Receiver is recommending the reduction of the reserve prices with respect to the following three properties: (1) 22463 E Brightwater Way, Rhododendron, OR 97049, from $193,500.00 to $149,900.00; (2) 254 N. Columbia River Hwy, St. Helens, OR 97051, from $75,000.00 to $21,905.00; and (3) Twentynine Palms Highway, Yucca Valley, CA 92284, from $112,500.00 to $89,000.00. Copies of the notices of the proposed reductions are available under the Notice of Pending Sales section of the Real Estate Page.