Show All Answers

1. I am the successful bidder in the tax sale. What do I do now?

Pay the current open taxes at the Treasurer’s Office the day of tax sale.

2. How long do I have to wait before I can start foreclosure action?

Foreclosure can begin no earlier than six months and a day from the time of sale, but no later than two years from the date of sale.

3. How long does the property owner have to redeem the property I purchased?

The property owner has up to final foreclosure to redeem the property.

4. What am I reimbursed for if I am the successful bidder and the property is redeemed?

You are reimbursed the taxes and cost you have paid, plus 10% annual interest. If foreclosure proceedings have begun, you will be reimbursed for any legal expenses that have been incurred in accordance with Maryland law.

5. What happens if I do not foreclose on the property?

If you do not foreclose on the property within two years you forfeit taxes you paid at the tax sale, your certificate of sale becomes void, and the property may be placed back in the tax sale.

6. What type of payment is accepted?

Cash, cashier’s check, personal or business checks are all acceptable forms of payment.

7. When do I pay my bid price?

When your deed is probated you must pay the balance of your bid price.