The Internet Tax Lien Sale will be held on November 7, 2019
The 2018 Tax Sale Interest Rate was 12%.
Current year interest rate will be published after September 1.
Purchasing delinquent tax liens at sale is a popular form of investment.
Here are some facts to help you understand what a tax lien sale investment is, and is NOT:
- When you purchase a tax lien sale certificate on property, you become a lien holder on the property. In essence, you loan funds to the owner to pay taxes.
- You purchase the tax lien, NOT the property. In Douglas County, eventual transfer of deed has occurred in less than 1 percent of all purchases.
- Investing in tax liens through purchase at tax lien sale is just that — an investment. The purchase can be thought of in terms of a potentially long range C.D.
- The State Banking Commission determines the rate of return. The annual interest rate is set at nine points above the federal discount rate as of Sept. 1.
The Treasurer’s Office wishes to make it very clear that all sales are made with a “buyer beware” warning. While we make every effort to remove property with bankruptcies, FDIC or RTC connections, we cannot guarantee a property to be buildable or desirable. In any legal proceeding involving a tax lien, Douglas county will not represent the investor.
See Frequently Asked Questions for more information.
Tax Sale Information
- Understanding Tax Liens in Douglas County. New Guide to help you navigate the tax lien sale process.
- The annual Tax Lien Sale will be conducted via an internet auction. Please visit zeusauction.com for all bidding rules, guidelines and registration information.
- Treasurer Welcome Letter
- Auction Rules and Information
- Tax Certificate Process
- County Held Liens – Use the OPEN DATA link / Property Data/County Held By Location to obtain a current listing of all county held tax liens
- 2018 Tax Lien Sale – Use the OPEN DATA link/Property Data/Tax Sale List to obtain a current listing of delinquent properties
- 2017 Tax Lien Sale Records
- Redemption Signature Form
- Treasurer Deed Request and Procedure Form
- W-9 Form
- Request for Assignment of County Held Tax Lien