Tax Lien Sale

Tax Lien Sale - Monday, November 30, 2020

NOTICE: Due to Covid-19, we have moved our auction to an ONLINE AUCTION administered by SRI Inc. You must register to participate in the auction at WWW.ZEUSAUCTION.COM no later than 5:00 PM November 28, 2020.

Online Auction Schedule:

October 28, 2020 - Auction site opens for Registration and Research. Properties available for bid will be listed on the SRI website www.zeusauction.com and on this page on or about October 28, 2020.

November 28, 2020 at 5 PM MST - Registration Closes

November 30, 2020 - Bidding Opens at 8:00 AM MST - Bidding Closes SAME DAY at 3:00 PM MST.

After registering for an account on www.zeusauction.com, you may practice how to place bids by selecting Colorado Test Auction. After registering online, you must also register for the live San Miguel County auction to participate. Questions regarding the operation of the auction should be addressed to SRI at 1-800-800-9588.

Payment for all winning bids will be made by ACH from the bidder's account that was used in the registration process. This is the only form of payment accepted.

2020 Tax Lien Sale Rules and Information

2020 Tax Lien Sale Brochure

2020 Tax Lien Sale Listing

Purpose of Tax Lien Sale

All property (real) taxes must be collected in order to meet the budget of all certified taxing authorities. Therefore, an annual Tax Lien Sale is held to collect the unpaid taxes. These taxes are purchased by investors who, in turn, earn interest on the tax liens against these properties. The amount of the individual tax lien(s) purchased includes the amount of tax, delinquent interest (November), advertising and certificate fee.

Three years following the date of Tax Lien Sale, an application for a Treasurer's Deed may be accepted from the tax lien holder if redemption of the lien is not received. The application process ranges from five to six months. All legally interested parties are given a 120-day redemption period to keep their interest in the property. Deed applications involve remittance of $500 deposit to cover fees for advertising, certified mailings, title searches, and miscellaneous legal fees. Please call the Treasurer's Office at 970-728-4451 for more information.

Element of Risk

It is important to remember the element of risk involved in the purchase of tax liens. The purchase of tax sale liens of properties under the control of the Federal Deposit Insurance Corporation (FDIC) and Resolution Trust Corporation (RTC) and those affected by the Drug Enforcement Administration (DEA) or property owner bankruptcy could possibly result in the loss of interest as could destruction of the property. It is impossible for this office to identify the potential problems in this area. Please conduct your own investigation to reduce the possibility of loss of interest to you.