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After registering, each bidder will obtain a bidding number from the Auction Site that will make it possible for the bidder to position proposals. All bidders need to make a down payment on the Auction Site prior to their bids will be accepted. Enrollment, down payments, and pre-bids may be made beginning October 17, 2024, and registration, and down payments should be completed no behind October 29, 2024, at 2:00 p.m.
No enrollment or down payments will be enabled after this time. Each bidder will make a down payment equal to 10 percent (10%) of the total dollar amount of tax liens the bidder expects winning. All deposits will be made by digital funds transfer (what does tax lien investing mean). Last resolution concerning the acceptability of any down payment will go to the discretion of the Treasurer.
Tax obligation liens are granted to the greatest bidder, or in the occasion of a connection, the champion will certainly be picked at random by the Auction Website, and the winning quote amount will equate to the amount of the tie proposal. Tax obligation liens will certainly be grouped into sets and sold in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Workers and officials of the City and Area of Denver, and participants of their family members are not allowed to buy at the Public Auction - tax liens investing.
There are no assurances shared or implied concerning whether a tax obligation lien will verify to be a rewarding financial investment. The property information available on the proposal pages was gotten from the Assessor's office prior to the begin of the existing auction and is for reference just (please note that this residential property information, provided by the Assessor's workplace, represents the most current analysis year, not the tax obligation year connected with this tax lien sale, as tax obligations are paid one year in arrears).
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