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After registering, each bidder will get a bidding number from the Public auction Internet site that will certainly enable the prospective buyer to place proposals. All prospective buyers need to make a down payment on the Auction Web site prior to their proposals will be approved. Each bidder will make a down payment equal to 10 percent (10%) of the overall dollar quantity of tax obligation liens the bidder expects winning.
Tax liens are awarded to the greatest prospective buyer, or in the event of a tie, the victor will be chosen at arbitrary by the Auction Site, and the winning proposal amount will certainly amount to the quantity of the tie proposal. Tax liens will be organized into sets and sold in one-hour increments beginning on November 6, 2024, at 8:00 a.m.
Employees and officials of the City and County of Denver, and members of their households are not enabled to buy at the Public Auction - tax lien investment.
There are no assurances expressed or implied relating to whether a tax obligation lien will prove to be a profitable investment. The residential property information obtainable on the quote web pages was acquired from the Assessor's office prior to the beginning of the current public auction and is for recommendation just (please note that this home details, supplied by the Assessor's workplace, stands for one of the most current evaluation year, not the tax obligation year related to this tax lien sale, as tax obligations are paid one year behind).
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