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After signing up, each prospective buyer will certainly obtain a bidding number from the Public auction Site that will certainly allow the prospective buyer to position proposals. All bidders should make a deposit on the Public auction Site before their proposals will certainly be accepted. Each prospective buyer will make a down payment equivalent to 10 percent (10%) of the complete dollar amount of tax liens the prospective buyer expects winning.
Tax obligation liens are granted to the highest bidder, or in the event of a connection, the winner will be selected at random by the Public auction Internet site, and the winning bid amount will equal the amount of the tie proposal. Tax liens will certainly be organized right into batches and marketed in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Employees and officials of the City and Region of Denver, and participants of their households are not enabled to acquire at the Public Public auction - tax lien investing risks.
There are no assurances expressed or implied pertaining to whether a tax lien will certainly show to be a successful investment. The residential property information easily accessible on the bid pages was gotten from the Assessor's workplace before the begin of the current public auction and is for referral just (please note that this residential property information, supplied by the Assessor's workplace, represents the most present evaluation year, not the tax obligation year connected with this tax obligation lien sale, as tax obligations are paid one year behind).
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