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Court approves resolution to allow online tax‑foreclosure auctions; vendor fee and payment rules to be finalized
Summary
The court approved a resolution permitting online tax‑foreclosure and resale auctions, discussing registration, escrow deposits, a 24‑hour payment window and a $300 online‑auction fee per property; staff will return with vendor contract language and payment rules.
County staff presented a draft resolution that would permit online auctions for tax‑foreclosure and resale sales, aimed at widening the pool of bidders and reducing the need for bidders to appear at courthouse steps. Staff said the vendor platforms vet bidders, require deposits and handle electronic payments; the court discussed allowing cash or cashier's check options at the county office for bidders who are not comfortable with online registrations.
Commissioners asked practical questions about deposits, fraud‑prevention and whether vendors charge an implementation or per‑property fee; staff reported an online auction fee of $300 per property and said the platform typically requires a deposit (e.g., 5% escrow) at registration. The court approved the resolution and directed staff to return with contract language and a plan to accommodate users who prefer in‑person payment or assistance registering.
