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After signing up, each bidder will certainly get a bidding process number from the Auction Site that will enable the bidder to put proposals. All bidders have to make a down payment on the Auction Internet site before their bids will certainly be approved. Each bidder will make a down payment equivalent to 10 percent (10%) of the overall buck amount of tax obligation liens the prospective buyer anticipates winning.
Tax liens are granted to the greatest bidder, or in the occasion of a connection, the victor will be selected at arbitrary by the Public auction Site, and the winning quote quantity will equal the amount of the tie bid. Tax obligation liens will be grouped 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 Area of Denver, and participants of their families are not allowed to purchase at the Public Auction - how to invest in tax lien.
There are no warranties revealed or implied relating to whether a tax obligation lien will certainly confirm to be a rewarding investment. The residential property info accessible on the proposal pages was gotten from the Assessor's office before the beginning of the present auction and is for reference just (please note that this property info, provided by the Assessor's office, stands for one of the most current analysis year, not the tax obligation year connected with this tax obligation lien sale, as tax obligations are paid one year in arrears).
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