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After signing up, each prospective buyer will certainly receive a bidding process number from the Auction Site that will enable the prospective buyer to put proposals. All prospective buyers need to make a deposit on the Public auction Website prior to their quotes will certainly be approved. Each bidder will make a deposit equivalent to ten percent (10%) of the overall dollar quantity of tax obligation liens the bidder anticipates winning.
Tax liens are awarded to the greatest bidder, or in the event of a tie, the victor will certainly be picked at random by the Public auction Site, and the winning bid amount will amount to the quantity of the tie bid. Tax liens will be grouped right into batches and offered in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Staff members and officials of the City and Region of Denver, and participants of their family members are not permitted to purchase at the Public Auction - investing in real estate tax lien.
There are no assurances shared or indicated pertaining to whether a tax lien will certainly verify to be a lucrative investment. The building details easily accessible on the bid pages was acquired from the Assessor's office prior to the begin of the present auction and is for referral only (please note that this property information, given by the Assessor's office, stands for the most existing assessment year, not the tax obligation year related to this tax lien sale, as tax obligations are paid one year in arrears).
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