THIS IS FOR INFORMATION ONLY AND SUBJECT TO CHANGE WITHOUT NOTICE
INTERPRETATIONS OF THE STATUTES OR COURT CASES SHOULD BE OBTAINED FROM YOUR LEGAL COUNSEL
The Resale of Real Estate for delinquent taxes will officially open in the office of the County Treasurer at 9:00 A.M. on the 2nd Monday of every June. The Notice of Resale of Real Estate for Taxes will be read as approved by the State Statutes.
All Successful
Bids Include the amount bid and any other taxes,
cost, abstract fee, and Resale advertising. Once property
is auctioned off, sale will stop. The bidder then pays
for property by cash or check. The sale of property will
continue once all transactions are complete.
If paying by check, a $500.00 cash
deposit will be required per property. Your deposit will
be refunded when your check clears. In the event of
insufficient funds or payment being stopped, your deposit
will not be refunded, and the items will be presented to
our District Attorney's Office to begin collection
proceedings.
Deeds on property sold will be sent to
the successful bidder after the same has been filed with
the Registrar of Deeds in the County Clerk's Office. The
Treasurer shall collect $10.00 for each deed issued and
an additional filing fee of $10.00. The successful bidder
will be provided a certified copy of the deed while
waiting for the original to be sent from the Registrar of
Deeds. The certified copy of the deed on property sold
from 9:00 A.M. to 11:00 A.M. will be available to the
successful bidder during the lunch recess. On Property
sold from 1:00 P.M. to 4:00 P.M , the certified copy of
the deed will be available by 4:30 P.M. the same day.
If payment is made in any form except
cash the deed will not be issued until proof of funds
collected is presented. Be aware the property is subject
to redemption until the deed is filed with the Registrar
of Deeds.
If any person is bidding for someone
else or in the name of any firm or corporation, it should
be so reported to the Clerk of the Resale as the deed
form prescribed by state statutes require such
information.
All property must be sold for a sum
not less than two-thirds of the assessed value of such
real estate as fixed for the current fiscal year, or for
the total amount of taxes, penalties, interest and cost
due on such property, whichever is the lesser. However,
all statutory fees, costs due to advertising, abstracting
and treasurer's cost will be due in addition to the final
bid. If there is no bid, a deed will be issued to the
County, but the County cannot bid.
**In accordance with court decisions, and not Statutory Law, Tax Deeds only affect satisfaction of the taxes as listed in the official Resale Advertising publications. Other classes of Taxes are not affected and all Taxes of every nature are to be paid in addition to the amount bid for any properties in the Resale. We will attempt to advise you of all types of Taxes that the Treasurer's Office knows is delinquent and payable at this time, but we will not guarantee the amount. A Resale Deed will not affect future installments as they become due on special assessments; such as paving, sewer, water, or any other lawful tax.
The County Treasurer's primary
function is tax collection. We make every effort to see
that Tax Deeds, are issued in accordance with the
Statutes, but the buyer assumes all responsibility and
liability on purchase.
Each buyer is responsible for knowing
what property is bid upon and each property should be
inspected by the buyer prior to entering a bid upon it.
Each bidder should research the
records and inspect the property that they are
considering prior to entering a bid. Some Federal, State
and City liens may still exist and be valid against the
property.
All property, although listed by
publication for sale, upon which the taxes have been paid
will not be called. Bidding will open and properties as
listed in the newspaper will be sold in order or listing
number.
**Notice: While the Treasurer's Office makes every effort to ensure the correctness of the information, any error contained herein does not constitute a waiver of any tax amounts by or for the County Treasurer's Office or the Taxpayer.