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After signing up, each prospective buyer will certainly receive a bidding process number from the Public auction Web site that will make it possible for the prospective buyer to position quotes. All bidders should make a deposit on the Auction Site prior to their proposals will be accepted. Each prospective buyer shall make a deposit equal to 10 percent (10%) of the complete dollar amount of tax obligation liens the bidder anticipates winning.
Tax obligation liens are granted to the highest possible prospective buyer, or in the event of a tie, the victor will be chosen at arbitrary by the Public auction Internet site, and the winning proposal quantity will certainly amount to the quantity of the tie quote. Tax liens will certainly be grouped into sets and sold in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Workers and authorities of the City and Area of Denver, and members of their households are not allowed to purchase at the Public Public auction - real estate tax lien investments.
There are no warranties revealed or implied relating to whether a tax obligation lien will certainly confirm to be a successful financial investment. The home details accessible on the proposal pages was gotten from the Assessor's workplace prior to the begin of the current public auction and is for reference just (please note that this property information, provided by the Assessor's office, stands for the most present evaluation year, not the tax year linked with this tax obligation lien sale, as taxes are paid one year in arrears).
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