XSPAND, and many of the governments that it serves, offer investors the ability to bid at public auction on real property that has been acquired through tax certificate foreclosures. The specifics of the auction process and acquisition of real property through auction varies by applicable local and state regulations. For this reason, available properties are listed by jurisdiction.
Auctions may be conducted by XSPAND or by the local government. Depending on the type of auction being conducted and legal requirements, it is possible that other liens or judgments against the property would remain valid and become the responsibility of the new owner. In other cases, all other liens and/or judgments against the property are extinguished. Investors must familiarize themselves with the laws governing the acquisition of real property obtained through a tax lien foreclosure auction in the jurisdiction of interest. It is important to note that XSPAND provides no investment, legal or financial advice to potential investors. As with any investment, investors should carefully consider their objectives, risks, expenses and conduct their own due diligence prior to bidding at auction.
All listed properties are auctioned on an "as is" and "where is" basis with no representations or warranties either general or specific regarding the physical condition, location, use, zoning or occupancy of the property. No entry to the property can be granted to prospective bidders. XSPAND does not provide investors with financing for these transactions nor do we advise investors on how to obtain financing. In some jurisdictions, the winning bidder is required to pay in full on the day of the auction and with certified funds. In other places, a non-refundable down payment or deposit is required immediately after auction with a "closing" scheduled at a later date where the deed and balance of funds change hands. Further detail on payment terms and the acquisition of the property can be found by clicking on the individual jurisdiction of interest.
For more information, follow the appropriate link or call the telephone number listed for each jurisdiction. We strongly suggest that potential investors conduct due diligence and consult with an attorney to make informed purchase decisions.
Should you have an interest in attending or receiving more information on a particular auction, please select the appropriate jurisdiction located on this page. From there you can view the list of parcels scheduled for upcoming auction or you will be directed to websites hosted by our government clients where additional information is available.