Invest Tax Liens

What Is Tax Lien Certificates Investing

After registering, each prospective buyer will receive a bidding number from the Public auction Website that will allow the prospective buyer to place bids. All bidders have to make a down payment on the Public auction Web site before their quotes will be accepted. Each bidder shall make a down payment equivalent to 10 percent (10%) of the complete dollar amount of tax obligation liens the prospective buyer expects winning.

Tax Lien Property Investing

Tax obligation liens are granted to the highest possible bidder, or in the occasion of a tie, the victor will be picked randomly by the Public auction Internet site, and the winning bid amount will equal the amount of the tie proposal. Tax liens will certainly be grouped into sets and offered in one-hour increments beginning on November 6, 2024, at 8:00 a.m.

The City and County of Denver will keep the certificates if the customer dreams and give copies. Redemption rate of interest is 15% per annum. If parcels are retrieved before distribution of certifications, redemption checks will certainly be sent by mail to customers and notations made on buyers' listings of acquisitions. Staff members and authorities of the City and County of Denver, and members of their households are not enabled to purchase at the Public Public auction.

Tax Lien Certificate Investment

There are no assurances expressed or indicated regarding whether a tax lien will certainly show to be a profitable financial investment. The property info accessible on the bid web pages was gotten from the Assessor's office prior to the begin of the current auction and is for reference only (please note that this property details, provided by the Assessor's workplace, represents one of the most existing evaluation year, not the tax year related to this tax obligation lien sale, as tax obligations are paid one year in financial obligations).