Tax Lien Investing 101

Tax Lien Investing Basics

After signing up, each prospective buyer will obtain a bidding process number from the Public auction Web site that will certainly enable the prospective buyer to put quotes. All prospective buyers should make a deposit on the Public auction Site before their proposals will certainly be accepted. Enrollment, deposits, and pre-bids may be made starting October 17, 2024, and enrollment, and deposits have to be completed no later than October 29, 2024, at 2:00 p.m.

No enrollment or deposits will certainly be allowed after this time. Each prospective buyer shall make a down payment equal to ten percent (10%) of the overall dollar amount of tax liens the prospective buyer anticipates winning. All deposits shall be made by electronic funds transfer (what does tax lien investing mean). Last determination pertaining to the reputation of any kind of deposit will be at the discretion of the Treasurer.

Tax Lien Property Investing

Tax obligation liens are awarded to the greatest prospective buyer, or in the occasion of a connection, the winner will be selected at arbitrary by the Public auction Site, and the winning bid amount will certainly amount to the amount of the tie bid. Tax liens will be grouped right into batches and offered in one-hour increments beginning on November 6, 2024, at 8:00 a.m.

Tax Lien Investing Strategies

Workers and officials of the City and Region of Denver, and members of their households are not permitted to acquire at the Public Auction - how tax lien investing works.

Tax Lien Investing Software

There are no assurances revealed or implied pertaining to whether a tax lien will certainly confirm to be a rewarding investment. The residential property information obtainable on the bid pages was obtained from the Assessor's office before the start of the current public auction and is for reference just (please note that this building info, supplied by the Assessor's office, stands for one of the most current evaluation year, not the tax obligation year related to this tax lien sale, as taxes are paid one year in arrears).