Treasurer's Office

Tax Lien Sale Information

Date and Time of Sale: To be determined at a later date

Time of Registration: prior to day of sale at the Mesa County Treasurer's Office or by mail

Location of Registration: Mesa County Treasurer's Office, 544 Rood Ave., Grand Junction

Location of Sale: Two Rivers Convention Center, 159 Main St., Grand Junction, CO 81501

Interest Rate: To be determined at a later date

Information: (970) 244-1824

PRE-SALE HAPPENINGS

Property tax liens to be sold at sale are advertised in October.
Advertisement is made once a week for three consecutive weeks in the Daily Sentinel.
- 2010 Publication List will be posted in October of 2010 as well as here on our website
Registration and W-9 forms are available at the Mesa County Treasurer's Office - or you may download them here at: Registration Form & W-9 Tax Form
An advertising list will be posted in the Mesa County Treasurer's Office, which will be available for inspection during regular office hours, which is Monday thru Friday, 8:00a.m. to 5:00p.m.. This list will be updated daily.
Investors who do not endorse/pay current taxes on their tax lien certificates, cannot bid at future sales.

TAX SALE PROCEEDINGS

Registration begins at 8:00a.m., with the sale beginning at 9:00a.m. The sale will continue until all tax liens are offered. The sale is conducted in seated rotation order.
To facilitate the sale procedure, each tax lien is initially offered in sequence order for the amount of taxes, late interest and costs. Premium bids will be allowed on tax liens exceeding an amount to be determined at the beginning of the sale by consensus of investors.
The sale is conducted as rapidly as possible, consistent with the objectives of the sale and fair play to all bidders.
Delinquent manufactured homes and separate special assessment tax lien sales will immediately follow the real estate sale.
Original Tax Lien Sale Certificates of Purchase will be retained in the Mesa County Treasurer's Office. This facilitates immediate payment to you.

BIDDER'S CORNER

To pre-register, please notify our office.
All purchases must be covered by cash, certified checks, bank drafts, personal checks guaranteed by Treasurer's prior approval, or an "Irrevocable Letter of Credit," and paid on the day of sale, or the following 2 days.
Each individual investor will be allowed one registration and will receive a unique bidder number that coincides with the name on the certificate when it is issued under.
No change in the registrant name will be allowed. After a sale is finalized and certificates are printed, assignments may be made.
A buyer may leave at any time or upon completion of the sale. Payment will be made at the Mesa County Treasurer's Office. You will receive a print-out with parcels purchased and amount paid.

GENERAL INFORMATION

If you are the Certificate holder on a property that goes into bankruptcy, the Treasurer will file on your behalf with the Court.
Purchasing delinquent tax liens at sale is becoming an increasingly popular form of investment.
Interested? Here are some facts to help you understand what a tax lien investments is, and what it is NOT:

When you purchase a tax lien sale certificate on property, you become a lien holder on the property.

You purchase the tax lien, NOT the property! In Mesa County, eventual transfer of deed has occurred in less than one percent of all purchases.

Investing in tax liens through purchases at a tax lien sale is just that - an investment. The purchase can be thought of in terms of a potentially long-range C.D. Redemption of the certificate is always at a guaranteed rate of return, and can occur up until the time a Treasurer's Deed is issued.

Each year the Colorado Banking Commission determines the rate of return. The annual percentage rate is set at nine points above the federal discount rate as of September 1 of that year.

ALL TAX SALES IN COLORADO ARE CONDUCTED PER CRS 39-11-101 THRU 39-12-113.

PAYMENT OF SUBSEQUENT YEARS TAX

After August 1 of each year, all holders of Tax Lien Certificates have first option to purchase any subsequent years' taxes which remain unpaid. These tax liens may be endorsed on the original certificate at the same guaranteed rate of return.
Certificate holders who do not endorse/pay the current tax on certificates held, will not be allowed to bid at future sales.

APPLICATION FOR TREASURER'S DEED

The application process for a Treasurer's deed can be initiated THREE years from the date of the original tax sale.

1. Obtain request form from Treasurer
2. Submit signed request with $250 deposit

Deposit Covers:

Title Search
Advertisement
Certified Mail
Payment of subsequent taxes or special assessment due at deed issuance date

If redemption is made prior to deed issuance, deposit will be refunded in full with redemption payment.