2020 Tax Lien Sale

       

      2020 Tax Lien Sale

      The 2020 Tax Lien Sale will be held as an Internet auction administered by SRI Incorporated. Tax liens available for bid will be listed on www.zeusauction.com beginning October 2nd.

      New Registration Is Required For All Buyers. If You Have Registered For Previous Sales, Please Enter Your Registration Identical To Prior Years.

      Registration Dates:October 1, 2020- October 31, 2020

      Sale begins on November 17, 2020 and closes on November 19, 2020.

              Real Estate
      • Payment will be accepted through: Friday September 25, 2020
        • To avoid advertising costs and name removed from delinquent pub list.
      • Advertising cost added: September 25, 2020 (Due to The Valley Courier)
      • Advertised: October 2, 9, & 16, 2020
      • Last day to pay to avoid going to sale: November 16, 2020
      • Tax Lien Internet Auction: November 17, 18, & 19, 2020
      • Redemption payments begin: December 1, 2020
      • Registration dates: October 1- October 31, 2020
             Personal Property
      • Advertising cost added: September 8, 2020 (Due to The Valley Courier)
      • Advertised: September 15, 2020
      • Property is subject to distraint &, fees: October 1, 2020
             Mobile Homes
      • Advertising cost added: September 8, 2019 (Due to The Valley Courier)
      • Advertised: September 15, 2020
      • Property is subject to distraint &, fees: October 1, 2020
      • Additional advertising costs added: October 21, 2020 (Due to The Valley Courier)
      • Second Advertisement: November 6, 2020
      • Tax Lien Sale for MH: November 19, 2020, 10:00 a.m.

      Alamosa County Treasurer’s Office, 8999 Independence Way – Alamosa, CO 81101

             Auction Format
      • Bidding will close hourly in batches to be determined at a later date.
      • Each tax certificate will have the closing time for that certificate posted.
      • Bidders can discuss arrangements for computer use in the Alamosa County Treasurer’s Office.
      • Questions regarding the operation of the auction should be addressed to SRI at 1-(800) 800-9588.
      • SRI, Inc. is offering a service for buyers to bid through an online auction format.
        • SRI, Inc. may take action against a registered user for their conduct, and reserves the right to exclude any company or individual from access to our services if we determine their action to be inappropriate.
      • SRI, Inc. cannot be held responsible for server down time, or your inability to access our site.
        • Notifications sent by E-mail may possibly take longer than expected, and cannot be counted on to inform you of an item’s status.
        • In the event of technical problems, we reserve the right to cancel, restart, or extend an auction as the circumstances may dictate.

       

             Registration
      • Register Online HERE
      • You must register as a member of the auction system once and then register for each auction that you wish to participate in individually as each county has different rules of sale.
      • Bidders are responsible for seeing that the information supplied on all registration forms is entered correctly.
      • Each registrant must make sure that the information entered on the auction system W-9 page is accurate.
        • This is the information that will be used for the preparation of the certificates of sale. No changes will be allowed.
        • This means that both the name and address supplied on this form is correct. Each bidder will bid and purchase in the name listed.
      • All registration for the sale will take place with SRI and will be forwarded to the Alamosa County Treasurer for approval to participate in the auction.
      • Once a bidder has registered for the auction, the Alamosa County Treasurer’s Office and SRI will approve the bidder to participate in the auction.
      • Registration will take place October 1, 2020 through October 31, 2020
        • NO REGISTRATIONS WILL BE ALLOWED AFTER, OCTOBER 31, 2020
      • The bidder must fill out the W-9 form completely and exactly as they want their certificates issued online using the secure auction system (name, address, social security or employee ID number) and then electronically sign the form.
      • If you have a question as to how you have registered with the Alamosa County Treasurer for previous auctions you may contact us at (719) 589-3626.
             Sale

      The sequence of the auction will be in advertising number order.

      • Property owners will be able to pay their taxes and avoid having them go to the sale through November 16, 2020 (1:00 PM Mountain/Standard time.)
        • After this date, all tax liens will be sold.
      • The advertising number and total tax lien dollar amount of each lien will be displayed on the auction site.
      • All successful bids are final.
        • Once a bidder has placed a bid amount, it cannot be lowered or canceled for any reason.
      • No changes in, or cancelation of a purchased lien, will be made after a bid has been made on a lien or the item has closed.
             Silent Auction Bidding

      In order to bid in an auction, you must first register as required.

      • On every item in an auction, a minimum bid and minimum increase (also called “bid increment”) is set by the system.
      • The system will not accept a bid lower than either the opening bid, or the current bid plus the minimum bid increment (increase).
        • If an inappropriate bid is placed, a bidder will be notified immediately that their bid was not accepted, and provided with an option to correct the bid.
      • Any current high bidders who are overbid at this time will receive notification by E-mail. For this sale the 'bid increment' is $1.00. A Maximum Bid may be placed when bidding on an item (this is sometimes called a “proxy bid”).
        • A Maximum Bid is confidential and will be used by the system to increase your bid automatically in case another bidder outbids you.
      • The system will only bid high enough to outbid the current high-bidder, according to the minimum bid increment (increase).
        • This feature allows the system to bid on your behalf so you don’t have to constantly monitor an auction.
      • In a lien auction, upon payment of the bid amount, the Treasurer will issue the purchaser a tax lien certificate.
        • You are purchasing only the tax lien on the property.
        • This does not give you ownership or legal rights to the property in any way.
      • Treasurer Deed application procedures can be obtained by contacting the Office of the Alamosa County Treasurer at (719) 589-3626.
             Before Bidding on an Item

      You should fully understand your responsibilities as a buyer and you should know the item on which you are bidding.

      • By placing a bid, you are placing a legally-binding and irrevocable offer to purchase the item at any price up to your maximum bid amount.
      • If your bid is the high bid and accepted by the seller, you are legally obligated to complete the transaction.
      • Failure to complete the transaction is a breach of the User Agreement and may be grounds for legal action by SRI Inc.
      • Additionally, SRI Inc. will suspend or terminate your user account if payment is not made according to these terms and conditions and we deem such action as appropriate.
             Silent Auction Closing
      • Bids are announced on the system by displaying the amount bid.
      • Each auction has its own ending time listed on the bidding form.
      • Auctions end automatically at this time.
      • Bids will be recognized up to the time announced for closing and the highest bid received at that time will be the winning bid.
        • A bidder should not wait until the last few seconds of the auction to place their bids.
      • Bids are processed in the order they are received.
        • If a bid is submitted prior to the close of the auction, but not processed prior to the close of the auction, it will still be processed.
        • Any bid received by the system after the closing will not be processed as the item will be deemed as closed.
      • Notifications of auction results are sent out by email to the winning bidders.
      • The bidder will receive a batch summary after the closing of the batch.
      • The bidder will receive a final invoice after the close of the auction.
      • The county will initiate the payment of this invoice within twenty-four (24) hours of the closing of the last batch for the total of the amounts purchased through an ACH transaction. It is the bidder’s responsibility to make sure that the information entered in the registration process is accurate and that the account used in the registration process is an account that an ACH can be processed.
             Silent Auction Prices

      All real estate auctions for lien have a required minimum bid. The amount is posted on the item as the starting bid. The starting bid includes all taxes, penalties, interest and costs due to the county as well as the auction fee of $6.00.

      • The $6.00 fee that is paid to the auction company is included as part of your tax certificate amount.
      • The first acceptable bid must be for this amount. The bid increment for this sale is $1.00. Successive bids will automatically add the increment to the current bid.
             How to Bid
      • You must be an authorized bidder to bid.
      • Authorization requires Registering with SRI, INC. for the right to use the system and the approval of the Alamosa County Treasurer.
      • You may bid or track more than one item at a time in the list.
      • You may also click on the title of an item for more detailed information and bid from there.
      • You may add an item to your watch list without placing a bid.
        • Just click on the ‘thumbs up’ button and you will be able to view the status of the item quickly along with the rest of the items you have tracked or bid on by viewing the watch list.
      • Bids will be accepted in the amount of the minimum with the first bid. i.e. A minimum of $968 will be accepted in that amount. The next bid will be increased to $969.
      • All subsequent bids will be increased in the amount of the increment ($1.00).
             Proxy Bidding

      You may enter the largest amount you are willing to pay for an item in the bid box.

      • The amount entered must be in an amount that will equal the minimum plus the increment rounded to the nearest total by using the established increment.
      • The auction system will place the lowest bid necessary for you now, and then will bid on your behalf if someone else bids against you, up to the amount of the bid placed.
      • A bidder may increase the amount of the proxy bid any time before the bid is accepted as the final bid (auction closing).
             Payment

      When the auction ends, the high-bidders are notified by email. Auction results are also available for anyone to examine for a minimum of five (5) days after closing. If the high bidder fails to pay according to the terms for each sale, the high bidder will lose their right to the item purchased and will be barred from bidding on this site in all future auctions.

      • Payment for all winning bids will be made by ACH debit from the bidder’s account used in the registration process.
      • This is the only form of payment accepted.
      • The county will initiate the payment of this invoice within twenty-four (24) hours of the closing of the last batch for the total of the amounts purchased through an ACH transaction.
        • It is the bidder’s responsibility to make sure that the information entered in the registration process is accurate and that the account used in the registration process is an account that an ACH can be processed. 
      • Non-payment or payments that are rejected due to lack of funds or other reasons may result in cancelation of the corresponding bid(s) subject to CRS 39-11-116.


          No individual updated publications will be available. However, you may use the Treasurer’s website to see if an individual property number has been paid. The asset you are purchasing is the tax lien, not the property.

          • The auctioning will provide all bidders with an opportunity to compete for each parcel.
          • The County Treasurer may change the method of sale at his or her discretion prior to commencement of the sale.
          • CAVEAT EMPTOR (BUYER BEWARE) Neither the auctioneer nor the seller makes any warranties or representations of any kind or nature with respect to said property. All sales are final. Descriptions are for simple identification purposes only, no representations are made to the authenticity, age, origin or value. Buyer relies solely on his/her own judgment when bidding. All sales are final. It is the bidders' responsibility to know what they are bidding on.
          1. Successful internet bidders will be notified by Email within several hours after the auction ends. The county will initiate an ACH debit from the bidder’s account. It is the bidder’s responsibility to make sure that sufficient funds are in the account.
            1. Bid on an item
            2. Win the item
            3. Receive email invoice after the conclusion of the auction
            4. Make sure that funds are in your account
            5. The county will initiate an ACH debit from the account used in the registration process within twenty-four (24) hours of the closing of the last batch.
          2. All bidders are required to Register and give full identification with the auction company prior to October 31, 2020. Register early to ensure that you are approved to bid on the auction. The auction company will send your information to the county for the final approval to bid on the auction. Make sure that you register exactly on the W-9 page as you want the tax certificate to be issued. If you have a question as to how you have registered with the Alamosa County Treasurer for previous auctions you may contact their office at (719) 589-3626.
          3. Should a dispute arise after the auction, the auctioneer’s records shall be conclusive in all respects.
          4. This is a privately owned and operated auction system. We reserve the right to refuse admittance to any person(s). No transfer will be recognized from one buyer to another.
          5. Bidder agrees to pay any and all charges and expenses incurred by reason of any breach of terms &, conditions of auction or in case of default, including, without limitation, reasonable attorney's fees, as well as any dollar deficiencies which may result in the resale of the property, and the cost of remarketing said property. Additional commissions shall be due and payable.
          6. The auctioneer reserves the right to withdraw any lot at any time prior to the time of sale of such lot.
          7. By bidding on any item, the bidder shows acceptance of the terms of the auction.
          8. The above stated Terms &, Conditions of Auction cannot be altered except in writing by all parties of the contract, or by verbal changes to terms given by Auctioneer at time of auction.
          9. Bidder does hereby indemnify and hold harmless Auctioneer and Seller from any and all damages, claims, or liabilities from injuries to persons or property of any type whatsoever, caused before, during, or after the auction.
          10. A bidder is deemed to have accepted an item when making a bid. No bidder shall retract their bid. Online bidding during the Auction is a fast process, and therefore there may be no confirmation given - bids will be taken immediately and are irrevocable.
            1. All tax lien certificates will be kept in safekeeping at the Alamosa County Treasurer’s Office. You will be emailed a list of tax liens that you purchased at the sale.
            2. Certificates will not be issued in a name other than the name or names on the IRS W-9 form. All certificates may be endorsed each year until they are redeemed.
            3. Every lien will be offered in compliance with Chapter 39, Article 11, of the Colorado Revised Statutes.
            4. Each lien will be subject to on-line bidding and will be sold to the person who pays the highest amount, in excess of said taxes, penalty, interest, and costs.

          Interest begins in October at 9% per annum. All county redemption's are made per CRS 39-12-111(2) (a) (b) but will be no lower then 8% per annum.