Eagle County to conduct tax lien sale | VailDaily.com

Eagle County to conduct tax lien sale

Daily staff report
Vail, CO Colorado

EAGLE COUNTY, Colorado – The Eagle County Treasurer’s Office will hold its annual tax lien sale at 9 a.m. Nov. 9 at the Eagle County Building, located at 500 Broadway in Eagle. Currently, there are 517 real property accounts with delinquent taxes totaling over $3 million and 64 mobile home accounts with delinquent taxes totaling approximately $9,000. Any delinquent accounts not paid as of Nov. 7 will be offered at the tax lien sale.

The tax lien sale is the final step in the process of ensuring the taxing entities, such as towns, school districts, fire protection districts and the county, receive their funding. These taxes are purchased by investors who earn interest on the tax liens placed on the property. The interest rate on the investment is set at 9 points above the Federal Reserve discount rate as of Sept. 1 of each year. The interest rate for this year’s sale will be 10 percent.

Also, two seminars will be offered on Nov. 8 at the Eagle County Building for those interested in learning more about the tax lien sale and foreclosure sale processes. The tax lien sale seminar will be offered at 5:30 p.m. and will focus on the process of investing in tax liens. Those interested in attending are asked to RSVP no later than Nov. 7 by calling 970-328-8860 or by emailing treasurer@eaglecounty.us. Information on the tax lien sale process is also available online at http://www.eaglecounty.us/treasurer.-

Following the tax lien sale seminar, a foreclosure sale seminar will be held at 6:30 p.m. The session will include a discussion on the foreclosure process, focusing specifically on foreclosure sales from an investor’s viewpoint. Attendees are asked to RSVP for the seminar no later than Nov. 7 by calling 970-328-8860 or by emailing publict@eaglecounty.us.

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