Tax Lien Investing

Are Tax Liens Good Investments

After signing up, each bidder will receive a bidding number from the Auction Website that will make it possible for the bidder to place quotes. All bidders have to make a down payment on the Auction Site prior to their quotes will be accepted. Registration, down payments, and pre-bids may be made beginning October 17, 2024, and registration, and down payments need to be finished no behind October 29, 2024, at 2:00 p.m.

No enrollment or deposits will certainly be permitted hereafter time. Each bidder shall make a down payment equal to 10 percent (10%) of the total dollar amount of tax liens the prospective buyer anticipates winning. All deposits will be made by electronic funds transfer (tax lien and tax deed investing). Last resolution concerning the reputation of any type of down payment will be at the discernment of the Treasurer.

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Tax liens are awarded to the highest prospective buyer, or in the event of a connection, the champion will certainly be picked at arbitrary by the Auction Internet site, and the winning bid quantity will certainly equate to the amount of the tie proposal. Tax obligation liens will be organized right into sets and sold in one-hour increments starting on November 6, 2024, at 8:00 a.m.

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Staff members and authorities of the City and Region of Denver, and members of their households are not allowed to purchase at the Public Auction - real estate tax lien investments.

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There are no guarantees expressed or implied pertaining to whether a tax obligation lien will show to be a profitable financial investment. The building information available on the bid web pages was acquired from the Assessor's workplace before the start of the existing public auction and is for reference only (please note that this building info, supplied by the Assessor's office, stands for the most current assessment year, not the tax year connected with this tax obligation lien sale, as taxes are paid one year in arrears).