Treasurer announces delinquent property tax sales
Montgomery County Treasurer Jason Salus, who also serves as the county’s director of tax claim, invites qualified bidders to participate in the upcoming Upset Real Estate Tax Sale.
“Properties offered at Upset Sale are chronically delinquent and have outstanding tax balances dating back at least two years,” said Salus.
The Upset Sale process was initiated in July when more than 1,200 delinquent taxpayers received formal notice that their parcels were eligible for sale. According to Salus, as a result of the diligent work of the Tax Claim Bureau, at press time less than half of those properties remained eligible for sale.
“The result of these efforts,” said Salus, “has been an influx of $4,441,454.37 in delinquent tax revenue to our county, local school districts and municipalities and of that total, $2,815,994.59 was funded back to our school districts.”
The sale is scheduled for Thursday, Sept. 27, at 10 a.m. in Courtroom A of the Montgomery County Courthouse, 2 E. Airy St., Norristown.
A complete list of properties available in this sale can be found by visiting the Montgomery County Tax Claim Bureau website. Note that this list is updated daily and may change up to the day of sale.
Furthermore, while there are many attractive opportunities for investors, bidders are advised to complete their due diligence in advance of the Sale. Properties offered at Upset Sale are sold encumbered and include mortgages, liens, etc. and are commercial, industrial as well as residential. All interested bidders must register with the Tax Claim Bureau by 3 p.m. on the day prior to the sale.
For more information, contact the Montgomery County Tax Claim Bureau at 610278-1216.