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After registering, each bidder will obtain a bidding number from the Auction Web site that will certainly allow the prospective buyer to put quotes. All bidders need to make a down payment on the Auction Web site before their quotes will certainly be approved. Each bidder shall make a down payment equivalent to ten percent (10%) of the overall dollar quantity of tax obligation liens the bidder prepares for winning.
Tax liens are awarded to the highest prospective buyer, or in the event of a connection, the winner will be selected at arbitrary by the Public auction Website, and the winning bid quantity will certainly equate to the amount of the tie quote. Tax liens will certainly be organized into sets and marketed in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Staff members and authorities of the City and Region of Denver, and members of their households are not enabled to buy at the Public Auction - what is tax lien investing.
There are no assurances revealed or suggested pertaining to whether a tax lien will certainly show to be a profitable investment. The residential property info available on the proposal pages was obtained from the Assessor's workplace prior to the begin of the current public auction and is for referral only (please note that this residential property information, provided by the Assessor's office, represents one of 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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