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Colorado County-Held Liens
Colorado’s annual tax lien sales
occur in October or November
(before the second Monday in
December). Colorado offers 9%
plus the federal discount rate
(currently 4.75 percent as of the
end of 2005). Traditional sales
occur in two ways: some counties
conduct round robin bidding and
others conduct a bid up system
with no interest on the premium
bids.
Parcels not bid on during the sale
are struck off to the county and
called “County Held Liens.”
The redemption period for liens is
3 years from the date of the
original sale.
To purchase County held liens, you
must pay the County the value of
the certificate plus an assignment
fee (approximately $4). You may
have to sign an affidavit stating
that you understand what you are
doing. Also, you will have to
provide a SSN or tax ID number by
filing out a W9 form. You will
fill out paperwork indicating the
name you wish to appear on the
certificate.
County held tax lien lists
consists of tax liens not
purchased by investors at the
public auction. These liens are
available for assignment by
submitting a written request. You
are advised to research, and if
possible, accomplish a site
inspection of any parcel(s) prior
to submitting an assignment
request. It is your responsibility
to determine if the property you
are requesting the tax lien
assignment on is worth your
investment.
Learn how to
buy tax liens and deeds through the mail
in Colorado with Rogue Investor's
Super List.
The
Rogue Tax Sale Superlist contains
specific information and actual
liens from Colorado.
For
more information...
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