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What is the difference between Foreclosure Sales, County Auction, and Surplus Property?

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What is the difference between Foreclosure Sales, County Auction, and Surplus Property?

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Phase 1: Foreclosure Sales are properties sold due to delinquent tax liens. The County opens bidding at the amount equal to taxes plus legal costs. Anyone may offer an amount over the County’s bid and obtain ownership upon completion of a 10 day upset bid period. Phase 2: County Auction parcels have already completed the tax foreclosure phase and the property is currently deeded in the County’s name. These parcels will be offered at auction. If no one offers a bid at this auction, these properties move into the surplus property category (see below). Phase 3: Surplus Properties are parcels that have completed both the tax foreclosure sale and the County Auction process without a bid. These parcels may be purchased directly from the County by submitting a written offer, or by completing the “form for bid” located on the Surplus Properties Page. These properties are not to be confused with properties held by the County for its own use.

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