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After signing up, each bidder will obtain a bidding number from the Auction Web site that will allow the prospective buyer to position proposals. All bidders have to make a down payment on the Auction Internet site before their bids will be approved. Each prospective buyer shall make a down payment equivalent to ten percent (10%) of the complete buck amount of tax obligation liens the bidder expects winning.
Tax obligation liens are granted to the greatest bidder, or in the occasion of a tie, the winner will be selected at arbitrary by the Auction Website, and the winning bid quantity will certainly equate to the quantity of the tie bid. Tax obligation liens will be organized into batches and offered in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Employees and officials of the City and Area of Denver, and members of their households are not permitted to acquire at the Public Public auction - risks of investing in tax liens.
There are no assurances expressed or suggested pertaining to whether a tax obligation lien will certainly show to be a successful investment. The property info accessible on the quote pages was obtained from the Assessor's workplace before the start of the current auction and is for referral just (please note that this residential property information, offered by the Assessor's workplace, stands for the most existing evaluation year, not the tax year connected with this tax lien sale, as taxes are paid one year behind).
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