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After signing up, each bidder will get a bidding process number from the Public auction Site that will certainly make it possible for the prospective buyer to put proposals. All bidders need to make a deposit on the Auction Web site before their bids will certainly be accepted. Each prospective buyer shall make a down payment equivalent to 10 percent (10%) of the total buck quantity of tax obligation liens the prospective buyer anticipates winning.
Tax obligation liens are granted to the highest bidder, or in the event of a tie, the champion will be picked at random by the Public auction Website, and the winning proposal quantity will certainly equal the quantity of the tie quote. Tax obligation liens will be grouped into sets and marketed 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 members of their households are not enabled to buy at the Public Auction - investing in real estate tax lien.
There are no assurances expressed or suggested regarding whether a tax obligation lien will certainly prove to be a successful financial investment. The property info available on the quote pages was gotten from the Assessor's office before the start of the present public auction and is for recommendation only (please note that this building info, provided by the Assessor's workplace, stands for one of the most present evaluation year, not the tax year connected with this tax obligation lien sale, as tax obligations are paid one year behind).
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