Three Colorado Sales on the Internet
For the first time there will be three Colorado Tax Sales on the web. For the last couple of years Jefferson County has held a web sale, but this year they will be joined by both Denver County and Weld County. Jefferson County will be October 18th, Denver County will be November 6th, and Weld County will be November 1st.
These Colorado counties have pretty good real estate on their sales although the foreclosure rate in Colorado has been one of the highest in the nation, there should be some good values for tax lien sale investors.
One word of caution - remember that in Colorado the amount you bid above the taxes owed you do not get back, so make sure you have done your due diligence and that you don’t get carried away. Also, don’t forget that this is a three year redemption period so you have to be able to post subsequent taxes for the liens that have not redeemed.
Good luck and good bidding!
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com