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After registering, each prospective buyer will get a bidding number from the Public auction Site that will make it possible for the bidder to place proposals. All prospective buyers must make a down payment on the Auction Internet site before their bids will be accepted. Each prospective buyer shall make a down payment equivalent to 10 percent (10%) of the total dollar amount of tax obligation liens the bidder expects winning.
Tax liens are granted to the highest prospective buyer, or in the occasion of a connection, the victor will be chosen at random by the Auction Internet site, and the winning quote quantity will certainly equate to the amount of the tie proposal. Tax liens will certainly be grouped right into sets and marketed in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Workers and officials of the City and Area of Denver, and members of their families are not enabled to purchase at the Public Public auction - property tax lien investing.
There are no warranties shared or implied pertaining to whether a tax lien will certainly prove to be a successful investment. The residential property info easily accessible on the bid web pages was gotten from the Assessor's workplace prior to the beginning of the existing auction and is for referral only (please note that this home details, given by the Assessor's workplace, represents the most existing evaluation year, not the tax year connected with this tax lien sale, as taxes are paid one year behind).
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