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After registering, each bidder will certainly receive a bidding number from the Public auction Website that will certainly allow the prospective buyer to position bids. All bidders need to make a deposit on the Public auction Website before their proposals will certainly be accepted. Each bidder shall make a deposit equal to 10 percent (10%) of the overall buck quantity of tax liens the prospective buyer anticipates winning.
Tax obligation liens are awarded to the greatest bidder, or in the event of a tie, the victor will be selected at random by the Public auction Site, and the winning bid amount will certainly amount to the quantity of the tie quote. Tax liens will be grouped right into batches and sold in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Staff members and officials of the City and Area of Denver, and members of their family members are not allowed to buy at the Public Public auction - what does tax lien investing mean.
There are no warranties expressed or implied regarding whether a tax obligation lien will confirm to be a rewarding investment. The home information available on the proposal pages was acquired from the Assessor's office before the beginning of the present auction and is for reference only (please note that this residential property info, supplied by the Assessor's office, represents the most current evaluation year, not the tax obligation year connected with this tax obligation lien sale, as taxes are paid one year behind).
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