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After registering, each prospective buyer will receive a bidding process number from the Public auction Web site that will make it possible for the bidder to put proposals. All prospective buyers need to make a down payment on the Auction Web site prior to their bids will be approved. Registration, down payments, and pre-bids might be made starting October 17, 2024, and registration, and down payments must be finished no later than October 29, 2024, at 2:00 p.m.
No registration or down payments will be permitted after this time. Each bidder shall make a down payment equal to ten percent (10%) of the total dollar quantity of tax obligation liens the bidder expects winning. All deposits shall be made by digital funds transfer (certificate investment lien tax). Final decision relating to the acceptability of any deposit will certainly be at the discretion of the Treasurer.
Tax obligation liens are awarded to the highest possible bidder, or in the occasion of a tie, the champion will be selected at arbitrary by the Auction Site, and the winning proposal quantity will equal the quantity of the tie bid. Tax obligation liens will certainly be grouped right into batches and marketed in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Staff members and authorities of the City and County of Denver, and members of their families are not permitted to purchase at the Public Public auction - how to do tax lien investing.
There are no guarantees revealed or indicated relating to whether a tax obligation lien will confirm to be a successful financial investment. The residential or commercial property information obtainable on the bid web pages was acquired from the Assessor's office before the beginning of the present auction and is for referral only (please note that this residential or commercial property details, supplied by the Assessor's office, represents the most existing assessment year, not the tax year associated with this tax lien sale, as taxes are paid one year behind).
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