2018 Tax Lien Sale

The 2018 tax lien sale will be held on Thursday, November 15 at The Ranch

All property taxes must be collected in order to meet the budgetary requirements of all certified taxing authorities. The annual tax lien sale is held to collect these unpaid taxes. Liens are placed against the properties and are purchased by investors who, in turn, earn interest against the tax amounts.

About the Tax Lien Sale

Thursday, November 15, 2018
The Ranch - Thomas McKee 4-H Community Building
5280 Arena Circle
Loveland, CO

Schedule

  • Doors open at 7:30am
  • Sale begins at 8:30am with premium bidding and the remaining properties to follow in alphabetical order by owner name
  • Mobile home liens will continue to be sold in a different room at 9:30am

If you are interested in only premium bids, you are welcome to check out immediately after you have completed your bidding, or you can stay and participate in the round robin auction.

Mailing List

If you would like to receive an informational packet for the tax lien sale, please send $5.00 cash or check to:

Larimer County Treasurer's Office
ATTN: Tax Lien Sale Civil Deputy
P.O. Box 1250
Fort Collins, CO 80522

This packet includes our tax lien sale brochure and a copy of the delinquent property advertising tabloid published in the newspaper during the month of October. Packets will be mailed mid-October.

FAQs

  1. A concession stand will be open offering drinks, breakfast foods and lunch items for sale. Tables and chairs will be available for eating purposes only.

  2. We are required by the Internal Revenue Service to issue 1099-INT forms to investors. You must complete a W-9 at the time of registration, or already have one on file from previous years, in order to participate in our tax lien sale. Registration is completed on the day of the event and will begin at 7:30 a.m. Tables will not be available so please plan accordingly. You may print, complete and bring the following forms with you on the day of the sale:

    After check-in, you will be assigned a bidder number and directed to have a seat in the assigned room.

    New investors or previous investors with changes to their contact information or W-9 can mail their updated forms to our office. All changes must be received by November 14, 2017, at the following address:

    Mail forms to:
    Larimer County Treasurer
    Attn: Tax Lien Sale Civil Deputy
    P.O. Box 1250
    Fort Collins, CO 80522

    Hand-deliver forms to:
    Larimer County Treasurer
    200 West Oak Street, Suite 2100
    Fort Collins, CO 80521

  3. 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. You must be of legal age (18) to participate in our tax lien sale.

  4. No, agents for individual investors are not allowed.

  5. No, after registration is complete, you may sit anywhere you like in the room. Bidding begins with a random bidder number and then proceeds around the room in seating order.

  6. The interest rate is established pursuant to 39-12-103 C.R.S. and changes annually. The rate is calculated by adding nine percentage points to the federal discount rate as of September 1, and rounding to the nearest full percent.

    The interest rate for the 2018 tax lien sale will be 12%.

  7. The current buyer's lists can be picked up at the registration table on the day of the tax lien sale.

  8. At registration, each individual is assigned a bidder number. Only one bidder number is assigned per person. The first bidder will be chosen by randomly selecting a bidder number, then proceeding in seating order.

    It doesn't matter where you sit in the room; everyone is going to have the same chance at the property taxes being offered for sale. Since the sale will proceed in seat order, it is very important that you maintain your original seat.

    Changing seats during the sale may result in loss of purchased tax liens and banning from future tax lien sales.

    If an item is less than $200, the bidder may pass without losing a turn. The less-than $200 item is then opened to the floor.

    For items over $200, the bidder must either accept or lose his/her turn. If the bidder declines, the item is then offered to the next person in seating order.

    Items over $3000 are considered premium bids and will be sold at the beginning of the sale.

  9. Premium bids are bids placed in excess of the property tax and are only accepted on parcels with a delinquent amount of $3,000 or more. The minimum premium bid is $50 with minimum raises in $25 increments.

    Investors must stand to be recognized during the premium bidding process. All premium bids are made at investor's expense and no interest is earned on the premium bid amount, nor is it refunded when the property is redeemed.

  10. Purchases must be paid in full before leaving the premises. Failure to do so will result in loss of liens purchased.

    Only personal checks for the purchase amount will be accepted. We are not accepting cash or certified funds at tax lien sale.

    At any time you may verify the amount of your purchases with the staff stationed at the registration table.

    Your bidder card must be dropped off at check-out.

    Make checks payable to: Larimer County Treasurer. Checks must be made for the exact amount of purchases. If your check is returned for NSF, it will result in the loss of liens purchased and you will be banned from future tax lien sales.

  11. All certificates of sale will be held in safekeeping in the Larimer County Treasurer's vault unless otherwise instructed by a formal written request. A safekeeping receipt and complete computer report of all tax lien sale purchases will be forwarded to you. This usually takes about 7-10 business days.

  12. We will start processing assignment of liens in January 2018. This will allow our office enough time to complete all of the necessary paperwork before making any assignments. Please contact Michele at (970) 498-7032, after January 3, 2018, to set up an appointment to request an assignment. There is a $17.00 fee to process each assignment.

  13. It is important to remember the element of risk involved in the purchase of tax liens. If the property associated with tax lien purchased is placed under the control of the Federal Deposit Insurance Corporation (FDIC)Drug Enforcement Administration (DEA), or the Internal Revenue Service (IRS), loss of investment may occur.

    It is impossible for this office to identify all of the potential problems that could arise for your particular tax lien purchase. Please conduct your own public records investigation to familiarize yourself with the property and reduce the possibility of loss.

  14. Pursuant to 39-11-148 C.R.S., tax sale certificates are automatically canceled after fifteen years. It is your responsibility to track your investment.

  15. Information for the tax lien sales statewide can be found here.