Washington DC Tax Sale!

November 24th, 2009

The Washington DC government’s Office of Tax and Revenue has rescheduled its property tax sale for November 30th. Interested parties can register from Nov. 23rd – 25th.

The auction is not in fact a sale, as no property changes hands on that date. Auction bidders win a claim against the property, and may eventually begin a foreclosure process, for which they’d have to pay off the tax lien on the property to the Washington DC government. But the original owners retain the property in the short term and have a right to pay off the bidder and clear the title to their home. Read the rest of this entry »

Bookmark and Share