Tax Foreclosure FAQ
What is Tax Foreclosure?
When real property taxes become three years delinquent, the county treasurer begins foreclosure action. A certificate of delinquency is filed with Superior Court. In addition to taxes, foreclosure costs of approximately $500 to $1000 per parcel begin to accrue.
Title searches are conducted for each of the parcels. As required by law, all parties with recorded legal interest (revealed by title search) are served by certified or registered mails with notice and summons. A notice and summons is also published in the local newspaper. (RCW 84.64.050)
The treasurer receives a judgment from the court foreclosing on the tax liens and authorizing the sale of parcels. All of the parcels being foreclosed on can be redeemed by their owners, or other parties with recorded legal interest, up until the close of business on the day before the sale. That is, they are allowed to pay all that is due, thus removing their parcel from the sale. (RCW 84.64.060)
Where is the Tax Foreclosure sale held?
Kitsap County Tax Foreclosure sales are conducted online at www.bid4assets.com.
When & where do you advertise for the sale?
Do I need to register for the sale?
Who may bid at the Tax Foreclosure auction?
The auction is open to the public and anyone can bid, EXCEPT;
“No county officer or employee shall directly or indirectly be a purchaser of such property at such sale.” (RCW 84.64.080)
What forms of payments do you accept?
What happens to properties that do not sell?
Can prior owners redeem their property after it's foreclosed on?
Prior owners have no rights to the property after foreclosure, UNLESS they were a minor or legally incompetent. Minors and legal incompetents have the right to redeem anytime within three years from the date of the foreclosure sale. If they do so, they must pay the amount that the property sold for, plus interest on the tax amount. If there were any improvements made by the new owner, those would also be paid for. (RCW 84.64.070)
What happens to the excess proceeds?
If a parcel is sold at a foreclosure auction for more than the amount owing, the surplus money can be claimed by the previous record owner. This is the party who held title on the day that the Certificate of Delinquency was filed. They have up to three years from the date of the sale to make their claim. (RCW 84.64.080)
More information can be found on the
More information can be found on theTax Sale Results and Surplus Proceeds
How long does it take to get a deed?
A tax deed will be issued within thirty days of the date of sale. Deeds are forwarded to the Kitsap County Auditor's Office for recording and mailed to the address provided by the bidder upon registration. Tax deeds provide the purchaser no guarantees. There can be clouded title or other problems, which the county is neither aware of nor responsible for to the purchaser.
Does the County sell their "certificates/liens/deeds" over the counter?
What happens to the liens if I am the successful purchaser?
Can I get on a mailing list for notifications of upcoming auctions?
No. Kitsap County does not maintain a mailing list to notify people of auctions.
|Last Updated: February 01, 2017|