How does a property become eligible for a Tax Deed?
At least two years after purchasing a Tax Certificate, the holder of a Tax Certificate may make application for a Tax Deed through the Tax Collector’s Office. The certificate holder (applicant) must pay the applicable fees to the Tax Collector, pay off other certificates that may have been sold for the property, and other taxes that may be owed. Upon completion of a Title Search, the file is sent to the Clerk. The applicant must then pay additional costs to the Clerk: sale fee, postage, Sheriff’s service, and publication. The minimum bid is determined by the costs that were advanced by the applicant plus interest on these costs through the month of the Tax Deed sale. However, if a property is identified as “homestead”, ½ of the last assessed value of the property will be added to the minimum bid. Q: What information do I need to know about the property? A: If you are interested in a property, it is YOUR responsibility to do the necessary research to determine the property’s address, it
