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What happens to properties that are not sold at the auction? Are they available the next time around, or are they available over-the-counter to purchase at any time?

April 26, 2017auction happens over-the-counter properties purchase sold time

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What happens to properties that are not sold at the auction? Are they available the next time around, or are they available over-the-counter to purchase at any time?

1 Answer

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Properties are sold to highest successful bidder. If there is no bidder and taxes are not paid in the interim, property is available at next scheduled auction. To-date, no properties have failed to sell at first auction.