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What happens to the rest of the bid monies (over the amount of taxes due) if the property is not redeemed?

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What happens to the rest of the bid monies (over the amount of taxes due) if the property is not redeemed?

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Any excess funds over and above the amount of taxes due will be available for the owner of record at the end of the redemption period as of ninety (90) days from the passing of title.

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