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After registering, each bidder will obtain a bidding number from the Public auction Website that will enable the bidder to place proposals. All prospective buyers have to make a deposit on the Public auction Internet site prior to their proposals will certainly be approved. Registration, deposits, and pre-bids may be made starting October 17, 2024, and enrollment, and deposits have to be completed no later on than October 29, 2024, at 2:00 p.m.
No enrollment or down payments will certainly be allowed after this time. Each prospective buyer shall make a down payment equal to ten percent (10%) of the overall dollar amount of tax obligation liens the prospective buyer anticipates winning. All deposits shall be made by electronic funds transfer (real estate tax lien investments). Final decision concerning the acceptability of any kind of down payment will go to the discernment of the Treasurer.
Tax obligation liens are granted to the highest bidder, or in the event of a tie, the victor will be picked at arbitrary by the Auction Site, and the winning quote amount will certainly amount to the amount of the tie proposal. Tax obligation liens will certainly be grouped into batches and sold in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Workers and officials of the City and County of Denver, and participants of their families are not allowed to acquire at the Public Auction - tax lien real estate investing.
There are no guarantees expressed or implied pertaining to whether a tax obligation lien will verify to be a successful financial investment. The property info available on the quote 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, supplied by the Assessor's office, stands for one of the most existing assessment year, not the tax obligation year related to this tax lien sale, as taxes are paid one year in financial obligations).
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