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ARE AUCTION FEES REFUNDABLE?

April 26, 2017auction fees refundable

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ARE AUCTION FEES REFUNDABLE?

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(go to auction page) The Treasurer’s $10.00 auction fee is non-refundable and not interest-bearing. All other fees included in the face value of the certificate are refunded at redemption and are interest-bearing. 32. WILL ALL PRIOR YEAR CERTIFICATES OF PURCHASE BE RE-ASSIGNED AT THE TAX LIEN SALE? (go to auction page) Yes. An investor is required to acquire by assignment all currently outstanding certificates of purchase previously issued on the property. This includes state and investor owned certificates of purchase. The prior year certificate(s) amount will be listed. This amount is included in the total amount due. 33. WHAT WILL THE INTEREST RATE BE FOR RE-ASSIGNED CERTIFICATES OF PURCHASE? (go to auction page) The interest rate will be the same as the certificate that is being re-assigned. You may be awarded 16% on the 2009 tax lien, but the 2008 and prior years may be at a lower rate and would be assigned at that rate. You may contact the Treasurer’s Office for the interest rate