Property that does not sell at auction the first time is held to be offered for sale at the next auction, whenever that may be. Property cannot be offered for sale privately, since the locality does not take ownership of the property. You may, however, be able to...
It is the responsibility of the new owner (ONCE THE DEED HAS BEEN RECORDED) to evict the occupant of the property and remove any remaining possessions in the property. You should consult with an attorney regarding your rights and responsibilities for this process....
Often delinquent tax parcels are unaddressed parcels that are not located on a public road or do not have an assigned address. In such cases, most localities have an online Geographic Information System (GIS) that allows the real estate to be looked up online. NOTE...
A Special Commissioner’s Sale (judicial ale) of real property is handled under the auspices of the Circuit Court. The Court ensures that all parties are properly before the Court before authorizing a sale. The Special Commissioner’s Sale is free and clear...
Terms of sale vary, so review the advertisement, the bid package on the day of the auction, or ask one of the TACS staff about the terms. Announcements will be made at the beginning of each auction to provide the terms of sale and answer any questions about the...
Real estate tax auctions are fun. Many can be intimidated their first time participating in an auction, but the concept is simple….If you want to buy the property, raise your hand and keep raising if you are outbid. If you are the last person to bid, then you...
What type of ownership document is issued at the auction? A receipt evidencing your bid amount and your deposit amount will be provided the day of the auction. Upon the Court’s confirmation of the sale, you will be notified of the remaining amount due for your bid, if...
If I purchase property at an auction and later become dissatisfied with the property, can I cancel my bid and get a refund of the deposit or purchase price? Once the sale is confirmed by the Court, you become the legal owner of the property and the funds paid are not...
How do I qualify as a bidder at the auction? To qualify as a bidder at the auction, you may not owe delinquent taxes to the local taxing jurisdiction. Additionally, you may not be a Defendant in any delinquent tax suit filed by the local taxing jurisdiction. If...
Tax auctions are advertised in a newspaper of general circulation in the taxing jurisdiction. TACS also maintains an interested bidders list to receive email notifications of upcoming auctions. If you are interested in signing up as an interested bidder, click the...
