County Land Sale - Property Land Sale from Ranches Sale to Acres Sale
Most cities sell land and property for unpaid taxes at city or county land sale.
A county land sale can include farms sale, acres sale, ranches sale as well as other foreclosure land sale.
Buyers can realize good values on a tax land sale .
Properties sold at a property land sale are usually sold at a fraction of their market value.
Some counties have their auction land sale on a monthly basis. Others have them on a yearly basis.
Lee County in South West Florida currently holds theirs every Tuesday.
You can get their information by going to their Then click on the Tuesday of your choice and you will see a display of the properties listed for sale on that day.
Their address is 2480 Thompson Street, Fort Myers, FL 3390. Their Phone Numbers are: Main Line: (239) 533-6100; Toll Free: (866) 673-2868.
Additionally, effective from April 5, 2010, Lee County has started an Online Foreclosure Auction.
Prospective bidders are responsible for conducting their own research regarding the property being sold. You can also find county land sale for any particular county by calling the City Hall of that county.
At a county government land sale, the desire is to recoup at least what is owned in taxes. Many bids start at what is owed in taxes.
Most of the auctions are absolute auctions which means that what ever is the bid is what the property is sold for.
In an absolute auction, there is no minimum for which the property must be sold.
Generally, at a county land sale, properties are usually sold below their market value.
However, that is not always so!
There are times when the bidding can be fierce and emotions run so high that it results in bidders bidding up the prices to market value and sometimes above.
It is imperative, therefore, that you visit any property that you are interested in before the auction date and decide how much you are willing to part with to obtain it.
Do not exceed what you have pre-determined to be your bidding limits.
It is extremely important that emotions be left out of these transactions.
It is also important to talk to a title company in that county before engaging in buying property sold at a county land sale.
The reason for this is that title requirements in certain county land sales can require additional steps and costs.
For instance, in Lee County, having bought a property at a county land sale, in order to get a clean and clear title, you may need to do what is called a Quiet Deed or Quiet Title.
A Quiet Title is an action brought in court to authenticate one’s ownership of real property.
This establishes your ownership against anyone and everyone, and thus "quiet" any disputes, questions or claims to the title.
This can easily be done by a Title Company in that county for a stated fee.
The Title company can provide all that information before you go to the bidding process.
They also can tell you how long it will take. Additionally, to see an inventory of land by owner go here == >>
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