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Frequently
Asked Questions Regarding Tax Foreclosure
When is your next tax foreclosure sale?
Kitsap County holds their sale in December each year. A
list along with details of the location and time will be on the website
in early September. Go to www.kitsapgov.com/treas
and see
Treasurers Auctions or Upcoming Auctions.
When & where to you advertise for the sale?
We will advertise in the local paper, either the Kitsap
Sun or the Kitsap Newspaper Group by the beginning of October. It will
also be on our website in early September.
Do I need to register for the sale?
You will register the morning of the sale. No
pre-registration is required.
What forms of payments do you accept?
ONLY cash or cashiers checks payable to Kitsap County
Treasurer will be accepted and payment is required in full at the time you
are the successful bidder. There is no time to run to the bank to secure
financing.
Do you have to be present to bid?
Someone needs to be present to bid. If you cannot
attend, you would
need to send an agent to bid on your behalf.
What happens to properties that do not sell?
Any properties that do not sell are considered sold to
the county as tax title. They could be offered at a later date for
auction if the county decides not to retain
them.
Does the County sell their "certificates/liens/deeds"
over the counter?
No, we only sell property through a public auction.
Is there a right of redemption by the previous owner?
With a tax foreclosure, there is no right of redemption,
unless the property sold by the county was owned by a minor or someone
declared legally incompetent. In these cases there is a 3 year
redemption period from the date of sale. For this reason, title companies are
reluctant to issue title until the 3 years has expired.
What happens to the liens if I am the successful
purchaser?
It is the responsibility of the purchaser/bidder to know
what they are purchasing and what liens may follow with the land. We
make no guarantees nor can we answer those questions. You need
to do your own research and make your own determinations. You may want
to talk to an attorney for legal advice. |