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After registering, each prospective buyer will obtain a bidding number from the Auction Site that will enable the bidder to put bids. All prospective buyers should make a deposit on the Public auction Website prior to their bids will certainly be approved. Each bidder will make a down payment equal to ten percent (10%) of the overall dollar quantity of tax obligation liens the bidder prepares for winning.
Tax obligation liens are granted to the highest possible prospective buyer, or in the occasion of a connection, the winner will be chosen at arbitrary by the Public auction Site, and the winning bid quantity will certainly equate to the quantity of the tie proposal. Tax liens will certainly be grouped right into sets and offered in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Staff members and authorities of the City and Area of Denver, and members of their households are not permitted to buy at the Public Auction - how to tax lien investing.
There are no assurances shared or suggested pertaining to whether a tax obligation lien will certainly show to be a lucrative investment. The residential or commercial property information easily accessible on the quote pages was obtained from the Assessor's office prior to the beginning of the current auction and is for recommendation only (please note that this residential property info, provided by the Assessor's office, stands for one of the most present analysis year, not the tax obligation year linked with this tax lien sale, as tax obligations are paid one year behind).
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