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Boulder County Treasurer's Office Tax Lien Sale Newsletter #4
October 22, 2010

Gavel

Countdown Update

The advertising insert published in the newspaper on October 1st

  • 1630 properties
  • $5,432,804.36 in unpaid taxes

Today's numbers are

  • 1360 properties
  • $4,370,211.20 in unpaid taxes.

Last Year (2009) we advertised

  • 1238 properties
  • $5,085,412.29 in unpaid taxes

We sold in liens

  • 647 properties
  • $2,852,448.18 in unpaid taxes
You can expect these numbers to keep falling as delinquent taxpayers pay their taxes before the sale.
Adam Kevil
Friday's Auction will be conducted by
Adam Kevil
  • of Colorado Springs
  • He has been been here 3 years
  • Adam is a bi-lingual auctioneer who can conduct simultaneously
    • English
    • Spanish
  • If you would like to bid in Spanish, just let him know

Registration Information
  • Pre-registration begins 1 week prior to the sale
  • Registration opens at 7:45 a.m. Day of the sale
  • Deposits must be:
    • Cash
    • Certified Check
    • Bank Cashier's Check
    • Wired Funds (Must be wired day before sale)
  • Your deposit must cover your bid plus any premium
  • The exact spelling of the name you register with will become the name used on the tax lien certificate
  • To register you will need:
    • Name
    • Address for checks, correspondence
    • Social Security # or Tax ID #
    • Completed, signed IRS w-9 form
Parking Lot Map
FREE Parking for breifing & tax lien sale

Receive a parking pass good at any of the 4 downtown City of Boulder parking lots:

  • 1100 Walnut
  • 1400 Walnut
  • 11th and Spruce
  • 1500 Pearl
Greetings!
Online Information10 per interest

You can download spreadsheets of available properties. These spreadsheet are updated daily.

For all other tax lien sale questions, go to www.bctaxhelp.com - click on the link that says Tax Lien Sale Information

Bob Opens the Auction
Tax Lien Sale Buyer Briefing
  • Are you a first time tax lien buyer?
  • Would you like to know more about the tax lien sale process?

Please join us for a question and answer information briefing on Monday, October 25th at 6:30 pm.

We will cover:
  • Boulder County prior year's statistics
  • Abbreviations and descriptions
  • Online information
  • How to research properties
  • Treasurer's Deed process
  • Any questions you might have
  • Bring your laptops, wi-fi will be available
  • Refreshments will be served

When:


  • Monday, October 25th
  • 6:30 pm to 8:00 pm


Where:


  • Old County Courthouse
  • 1325 Pearl Street, Boulder
  • Commissioners' hearing room, 3rd floor
  • Parking passess for the City of Boulder parking garages will be available if the courthouse parking lot is full

Adam Kevil

Maps! Maps! Maps!

Brooke in the Assessor's Office has been working hard on special tax lien maps for us.

  • 2 maps should be available by the time you get this email. Look for them on the website
  • The other 2 will be available Monday afternoon.
  • The reference numbers for properties on the maps are the account number without any leading R or 0's. So R0029045 will show up as 29045.
  • We will have the big, printed out maps on the walls the day of the tax lien sale too.
These maps are PDF files you you can download them and look at them with Adobe Acrobat.

What's all this about a premium?

  • Premiums are the amount you bid for the priviledge of paying taxes Boulder County was unable to collect
  • Premiums are non-refundable, and the money goes into the Boulder County General Fund
  • You risk the price of the premium when you buy a tax lien.
    • If the taxpayer shows up immediately, and pays off their taxes, you receive the amount of the taxes you paid, but you may not recover enough in interest to cover the cost of the premium.
    • On the other hand, if the taxpayer is a slowpoke, you make a nice 10% per year interest (.83% per month applied on the first day of each month).
    • If the taxpayer goes an entire year without paying the taxes, you may elect to pay the taxes on the second year, and collect the interest without having to pay a premium. This process is called an endorsement.
pile o money
Endorsement notification
  • In July, the Treasurer's office will send you a notice of any certificates eligible for endorsement along with amounts.
  • This will include an endorsement fee of $5.
  • The endorsement fee is paid by the property owner when they redeem the property.
  • The interest rate for endorsements is the rate of your original lien.

Suggestions? Comments?

If you have any other questions, comments or suggestions please reply to this email, at taxlien@bouldercounty.org
Or give us a call at (303) 441-3520

For more information go to: www.bctaxhelp.com and click on Tax Lien Sale