What Happens at a Tax Sale?

The Annual Tax Sale is an auctioned sale of delinquent property taxes. Bidders have to pay a registration fee in order to buy properties at tax sale. They purchase the taxes for what is owing and then the hold a lien against the property. It could be for one dollar or thousands of dollars. The tax sale is every third Monday in June. There are two kinds of certificates. There is a regular certificate that is purchased the first time at tax sale. There is also a public bid (PB), taxes that are one year delinquent and no one purchased at the tax sale. Then it was offered again at the next year’s tax sale and then it was offered and purchased. If the tax sale is a regular certificate, the certificate holder has to wait a minimum of one year and nine months before they can start the process of taking deed to the property. They also have up to three years from the date that it was purchased at tax sale to start the process of taking deed to the property. If it goes past the three years since the date of purchase of the tax sale, then they can no longer take deed to the property. If the tax sale is a PB, the tax sale purchaser only has to wait nine months before starting the process of taking deed to the property. They have all the way up to three to start the process of taking deed to the property. If it goes past the three years since the date of purchase of the tax sale, then they can no longer take deed to the property Taking deed to a property by the tax sale process, it is a ninety day process. The property owner can still redeem the taxes during this time. Once the ninety days are up, the property owner will no longer be able to redeem and loses their property for the percentage of the tax sale certificate. Tax sales incur penalty or interest at 2% each month that it goes unredeemed. Once a property is at tax sale, any other delinquent subsequent taxes that still owe after Nov 15th and May 15th can be purchased by the tax sale certificate holder and added to the tax sale amount without having to wait until the 3rd Monday in June. Tax sales are redeemed with certified funds (cash, cashier’s check, or money order) and an Affidavit of Redemption of a Parcel sold for Taxes form.

Affidavit of Redemption

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1. When are my taxes due?
2. Where is my Property Tax Bill?
3. What Happens at a Tax Sale?
4. How do I pay property taxes?
5. Can I pay a full year of my property taxes in September?
6. How do I avoid paying penalty or costs?
7. Does my Mortgage Company pay my property taxes?
8. I just bought a mobile home. What do I need to do?
9. Do I have Homestead credit and/ or Military Exemption on my bill?
10. I don’t think my property is assessed correctly?
11. How do I appeal my assessment?
12. How do I change my mailing address for my Real Estate Tax Bill?