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Frequently Asked Questions

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What happens when there is a Tax Deed or Mortgage foreclosure on your property?

The county holds a foreclosure auction on your property due to unpaid taxes or mortgage.

What is the typical opening bid at a foreclosure auction for a property with unpaid taxes or a mortgage?

The opening bid is for the amount of taxes or mortgage that is owed.

Do properties at foreclosure auctions typically sell for more than the opening bid?

Yes, these properties often sell for an amount higher than the opening bid.

Who is entitled to any profit remaining after a property sells for more than the opening bid at a foreclosure auction?

Any profit remaining is due to the previous owner.

How does the county notify previous owners about surplus funds from a foreclosure auction?

The county sends out surplus notification letters

Why might previous owners never be informed about surplus funds from a foreclosure auction?

Most of the time, the notification is sent to the last address on record, so the previous owner may never receive it.