RE: Example (as I understand it):

Oct 8, 2015
6:47:22am

Rogue Gunner

Who receives the interest paid on the overage? And assuming the original owner pays the interest, what money is returned to the winning bidder?

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Rogue Gunner

Previous username: pwg
Bio page: Rogue Gunner
Joined: Jul 15, 2010
Last login: Jan 8, 2022
Total posts: 3,133 (88 FO)

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Messages

Author

Time

Just participated in my first tax lien sale

Hoosier Cougar

10/7/15 1:18pm

very interesting. This is all very foreign to me.

byuwahoo

10/7/15 1:27pm

That's a neat learning experience. Way to help your county with their liquidity

ForzaPuma

10/7/15 1:40pm

I was at a tax sale in SL County several years ago. There was a parcel up

ByuMba90

10/7/15 1:43pm

What is the interest rate?

MormonDevil

10/7/15 1:46pm

You bid on the taxes owed

Hoosier Cougar

10/7/15 3:19pm

wait for the sign, and all prisoners will be released

10/7/15 1:47pm

Thanks for that. Very interesting.

Acorn

10/7/15 2:42pm

The largest overage I saw was $230K for $11K owed

Hoosier Cougar

10/7/15 3:21pm

RE: The largest overage I saw was $230K for $11K owed

Acorn

10/7/15 4:09pm

I'm @ YM. I'll reply with an example once I get back

Hoosier Cougar

10/7/15 4:24pm

Example (as I understand it):

Hoosier Cougar

10/7/15 6:40pm

RE: Example (as I understand it):

Rogue Gunner

10/8/15 6:47am

The winning bidder would get it.

Hoosier Cougar

10/8/15 11:09am

Are you associated at all with taxsalelists.com?

Acorn

10/8/15 9:14am

No. They used to be in Colorado.

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