Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Lien Sale topic
No spam. Unsubscribe anytime.
County treasurer demonstrates online tax-lien auction platform ahead of February sales
Summary
Santa Cruz County Treasurer’s staff demonstrated the realauction.com platform and outlined key dates, registration rules, and statute references for the county's tax lien sale; deposits and registration must be completed by Feb. 13 and the batches close Feb. 13 online.
Santa Cruz County Treasurer’s Office staff demonstrated the county’s new online tax-lien auction platform (realauction.com) at the Feb. 4 Board of Supervisors meeting and reviewed key dates, registration rules and statutory citations governing the sale.
The treasurer’s presentation covered how to register on the platform, the 10% deposit requirement tied to planned bidding amounts, the single-simultaneous-bidding rule limiting one registration per bidder, and the requirement that certificate payments are accepted by ACH only. The treasurer’s staff cited Arizona Revised Statutes governing tax lien certificates and fees, listing ARS 42-1818, ARS 42-1816 and ARS 42-18153 (processing and certificate fees), and reminded bidders that property owners have the right to redeem tax liens.
Staff said the county placed nearly 7,000 parcels in nine batches for the sale with an estimated value of approximately $13,000,000. Registration and deposit requirements close at 4 p.m. on Thursday, Feb. 13. Batches begin closing Feb. 13 at 8 a.m. in 60-minute intervals, with the final batch closing at 4 p.m. Treasurer staff also noted training materials and FAQs are available on the county website and in print at the treasurer’s office.
The presentation emphasized that a tax-lien purchase does not automatically give ownership of a property; it places a lien and a purchaser may begin foreclosure procedures only after the statutory redemption period elapses and following judicial foreclosure processes.
Treasurer staff invited members of the public to use public computers at the library or recorder’s office for registration and reminded prospective bidders to review the bidding rules and training materials linked from the county treasurer’s web page.
