The Treasurer is required by law to collect property taxes and distribute them to taxing authorities in the county. The tax lien sale is held to collect unpaid taxes so that the taxing authorities are able to meet their budgets. These taxes are purchased by investors who earn interest on the tax liens placed on the property. The interest rate on the investment is set at 9 points above the Federal Reserve’s discount rate on September 1st each year.
| When and Where
The annual tax lien sale is usually held in November of each year.
The sale begins promptly at 10:00 a.m. It will be in the District Courtroom (2nd floor) of the Delta County Courthouse at 501 Palmer, Delta. The Treasurer’s Office will close to the public at noon the day before the sale in order to prepare for the sale.
| Who may participate?
By statute, C.R.S. 39-11-151 (1)(b), no tax lien shall be sold to an elected or appointed county official, to a county employee, or to a member of the immediate family of such person or to the agent of any such county official or employee during the time the official or employee holds office or is employed.
Registration begins at 9:00 a.m. the morning of the sale. The county is required by the Internal Revenue Service to issue 1099 INT forms. Buyers are required to complete a W-9 form at the time of registration. Buyers will also be issued a buyer’s number at this time. No registrations will be allowed after the start of the sale. Please note that for safety purposes seating is limited to 110 people. Registration will close when 110 numbers have been issued.
The order of sale will be real property followed by mineral rights and manufactured homes. Properties in these categories will be sold in alphabetical order. There will be a random starting point selected by the treasurer to start the sale. There are no premium bids.
| End of Sale
All tax liens are sold and issued the day of the sale. Purchases must be paid by 3:00 p.m. the day of the sale. Purchases may be paid in cash, check, money order or certified funds. We do not accept credit cards. Tax lien certificates will be held in safekeeping by the treasurer’s office. Investors are asked to return their bidder number.
| Elements of Risk
There is an element of risk in buying tax liens. All liens are sold buyer beware.
Current Tax Lien Sale Lists(updated weekly prior to the tax lien sale held on the first Thursday in November) Back to Top