MontCo Treasurer Set For Delinquent Private Sales

20140807-Latest-PrivateTaxSalesNORRISTOWN PA – With approval granted last month by Montgomery County commissioners, Treasurer Jason Salus said Tuesday (Aug. 5, 2014) he’s ready to conduct private sales of eligible tax-delinquent properties within the county. With proper legal guidance, Salus indicated, that may allow prospective buyers to quickly find housing bargains among abandoned parcels.

Eligible properties are those on which county taxes are owed and in arrears, and which were exhibited but not sold at the county’s “Upset Sale,” Salus said. Privately offering the parcels for sale after the general public shows no interest in them is one way “to return delinquent parcels to the tax rolls and maximize county revenue at no additional cost to taxpayers,” Salus said.

About 70 percent of properties originally offered for Upset Sale are not sold and either go to a judicial sale or are made available for private sale, according to Salus’ office.

Some of the properties offered could be those “vacated as a result of foreclosure proceedings (that) are never completed,” Salus said.

Detailed policies for private sales are explained on the county Tax Claim Bureau website. Additional information about specific properties is available by calling the bureau at 484-681-9231, according to Second Deputy Treasurer Bridget Lafferty.

Salus advised interested buyers to conduct a title search before submitting a bid, and added that in some instances it may be prudent to file an action to quiet title after the sale. He also recommended consulting with an attorney.

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