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After signing up, each bidder will get a bidding number from the Auction Website that will enable the prospective buyer to place quotes. All bidders should make a deposit on the Auction Website prior to their bids will be approved. Each prospective buyer shall make a deposit equal to 10 percent (10%) of the total dollar quantity of tax obligation liens the prospective buyer anticipates winning.
Tax obligation liens are granted to the greatest bidder, or in the occasion of a tie, the champion will be selected at random by the Public auction Internet site, and the winning bid quantity will amount to the quantity of the tie bid. Tax liens will certainly be organized right into sets and offered in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Workers and authorities of the City and Region of Denver, and members of their families are not enabled to buy at the Public Auction - property tax lien investing.
There are no warranties revealed or implied pertaining to whether a tax lien will certainly prove to be a lucrative investment. The property information obtainable on the bid pages was gotten from the Assessor's office before the beginning of the present public auction and is for reference only (please note that this property information, given by the Assessor's workplace, represents one of the most present evaluation year, not the tax obligation year linked with this tax obligation lien sale, as taxes are paid one year in defaults).
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