General Information on Tax Liens in Alamosa County
Alamosa County holds a tax lien auction each year (typically in November), conducted by the Alamosa County Treasurer. Any parcels that have delinquent taxes by the time of the tax lien auction could have lines sold on them.
If there is no outside buyer for a tax lien at a given tax lien auction, the lien will be stricken off to Alamosa County. These un-sold liens are held by the County until paid off by the property owner. At any point after the tax lien auction, these “county-held” liens can be assigned to an outside buyer. The buyer would have to pay Alamosa County the amount due in taxes, interest and fees (including a $4.00 assignment fee). The lien would then be assigned to that individual and it would be the same as if that individual had actually purchased the lien at the original tax lien sale. The redemption period for property owners in the State of Colorado is three years from the original date of the sale of the lien. After this date, a treasurer’s deed can be issued to a lien holder at their request. An individual that has a county held lien assigned to them takes the position in time held by Alamosa County and is eligible to apply for a treasurer’s deed three years from the original purchase date.
When you have a lien assigned to you, this does not give you ownership of the property or legal rights to the property in any way outside of the tax lien itself. It is as though you purchased the tax lien at the tax lien sale and will hold such lien until it is redeemed by the owner or you have a treasurer’s deed granted to you after the three year redemption period is up. During the time you hold the lien you will earn interest to be paid back upon redemption by the owner. Should you obtain a treasurer’s deed on the parcel, the recorded document will show new ownership of the property.
Sub Taxes or Endorsement of your tax lien:
It is also important to note that as a tax lien holder you will receive a subsequent tax notice after August 1st of each year. It is in your best interest to continue to endorse (pay) sub-taxes on the parcel you hold the lien on if the owner has not paid them. This protects your interest in the parcel. Unpaid taxes go back to the tax sale each year.
“County -Held” tax liens are available for immediate assignment can and be found at www.alamosacounty.org .This list is updated daily, and interest is accrued on a monthly basis.
Should you be interested in having one or any of these liens assigned to you, please contact our office at 719-589-3626 and we can assist you in the process. All tax lien assignments are final and non-refundable. It is the buyer’s responsibility to know what they are purchasing (CAVEAT EMPTOR or “Buyer Beware”).
The Alamosa County Treasurer’s office can assist you with answering your questions about the process, but we are unable to provide legal advic