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After registering, each prospective buyer will certainly obtain a bidding number from the Public auction Website that will certainly enable the bidder to position bids. All prospective buyers must make a deposit on the Public auction Web site before their bids will be approved. Each bidder will make a deposit equivalent to ten percent (10%) of the complete dollar quantity of tax liens the bidder anticipates winning.
Tax liens are granted to the highest bidder, or in the event of a connection, the champion will certainly be chosen at arbitrary by the Auction Web site, and the winning bid amount will equate to the amount of the tie proposal. Tax obligation liens will be organized right into batches and sold in one-hour increments starting on November 6, 2024, at 8:00 a.m.
Employees and authorities of the City and County of Denver, and members of their households are not enabled to acquire at the Public Public auction - tax lien investment companies.
There are no guarantees revealed or implied concerning whether a tax lien will certainly verify to be a lucrative financial investment. The property details accessible on the proposal web pages was obtained from the Assessor's office before the start of the present auction and is for recommendation just (please note that this home information, offered by the Assessor's workplace, stands for the most current assessment year, not the tax obligation year connected with this tax lien sale, as tax obligations are paid one year behind).
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