Tax Lien Sale
Purpose of Tax Lien Sale
All property (real) taxes must be collected in order to meet the budget of all certified taxing authorities. Therefore, an annual Tax Lien Sale is held to collect the unpaid taxes. These taxes are purchased by investors who, in turn, earn interest on the tax liens against these properties. The amount of the individual tax lien(s) purchased includes tax, delinquent interest, advertising, auction, and certificate fees.
The processing of Treasurer’s Deed applications is currently on hold due to the recent Supreme Court decision in the case of Tyler V. Hennepin. Unless otherwise directed by the State of Colorado, we plan to proceed with the tax lien sale as scheduled. We believe that any potential changes in legislation will continue to safeguard the interests of investors in terms of the returns they can expect on their tax liens prior to any legislative modifications.
Please stay tuned for further updates, which will be promptly posted as they become available. Your patience and understanding during this period of transition are greatly appreciated.
Element of Risk
It is important to remember the element of risk involved in the purchase of tax liens. The purchase of tax sale liens of properties under the control of the Federal Deposit Insurance Corporation (FDIC) and Resolution Trust Corporation (RTC) and those affected by the Drug Enforcement Administration (DEA) or property owner bankruptcy could possibly result in the loss of interest as could the destruction of the property. It is impossible for this office to identify potential problems. Please conduct your own investigation to reduce the possibility of a loss of interest to you.
County Held Tax Lien Certificates
Tax liens that are not purchased at the Tax Lien Sale become County held. County held tax liens are available for purchase by the public. There are currently no County held tax liens.