TREASURER > Tax Lien Sale Information

The Tax Lien sale will be held November 20, 2008 at the Alamosa County Service Center, 8900 Independence Way, Alamosa, CO.

You must be present to bid. The Tax lien sale is, by law, a public auction. A bidder/buyer number will be assigned to each bidder. The bidder must complete a W-9 form prior to his or her bidding at the sale. No one under the age of 18 may be a bidder. Owners/lienors may not bid on a property that they have an interest in. If you are bidding for someone else, make sure that this is clear before the sale begins so parcels can be assigned to the correct buyer. If not, you will be charged a $4.00 assignment fee to change the certificate to the correct purchaser.

Bidding will begin with the amount of taxes, interest, advertising and fees given in the publication of sale. Any bid over the amount listed in the publication is considered to be a PREMIUM BID . This amount is NOT returned if the tax lien is redeemed, nor do you receive any interest on the premium bid. For these reasons, please be careful in bidding.

Bidders must pay for all tax lien certificates at the County Treasurers office the day of the sale. We will accept personal checks. However, if a check is returned there will be no attempt to collect the funds. The certificates will be struck off to the county and will be made available to anyone offering the total amount due.

YOU ARE NOT BUYING THE PROPERTY! This is merely a lien against the property. The owner of the property has the right to redeem the certificate until the day a Treasurer’s Deed is issued. We will hold your original tax lien Certificate of Purchase in our office for redemption and to endorse subsequent taxes. You will receive a copy of your Certificate; we found this eliminates lost certificates and speeds up issuing your checks for redemption.

 ADDRESS CHANGES AND ASSIGNMENTS

It is the responsibility of the certificate holder to notify the Treasurer’s Office of any address changes and/or assignments.

SUBSEQUENT TAX PAYMENTS

Subsequent tax payments are permissive and not mandatory. We are NOT required by law to mail tax notices to certificate holders. However, when possible we will provide this service. These will be mailed in August of each year. These notices will include current year taxes, interest and endorsement fees.

DEEDING PROCESS

If the property lien has not been redeemed three years from the DATE OF SALE, the certificate holder may apply for a Treasurers Deed to the property. You may apply for a Treasurers Deed even if the owner of the property has paid the subsequent taxes. We request a deed expense of $400.00 and the completed application for Deed to start the deeding process. All subsequent tax liens must be redeemed at the time of deed application.

PROHIBITED BIDDERS

According to C.R.S 30-11-151, all county officials, employees, immediate family members, or person acting as agents are prohibited in participating in the tax lien sale.

I.R.S

Each January the Treasurer will send Form 1099 to Certificates Holders and the I.R.S who have had Certificates of Purchases redeemed during the year.

Last Modified: August 19, 2008