Score Low-Cost Real Estate in Centre County, Pennsylvania Tax Deed Sale

In today’s economic climate, investing in tax-sale properties can be a golden opportunity to purchase real estate for up to 90% below market value. Centre County, Pennsylvania, offers several types of tax sales that can help you acquire properties at a fraction of their usual cost.

Centre County Tax Sale Types

1. Upset Sale:
   In the initial stage, the county offers properties for sale, starting bids covering unpaid taxes, costs, and municipal claims. The upset price includes these charges, excluding current-year taxes, with bid increments of $50. Buyers must pay in full immediately after winning a bid. If the county doesn’t sell a property at this stage, it advances to the judicial sale.

2. Judicial Sale:
   The county moves properties unsold at the upset sale to the judicial sale, selling them free of all liens. This option attracts investors seeking a clean slate. Buyers must pay in full on the sale day.

3. Repository Sale:
   The county offers unsold properties from the judicial sale in the repository sale. Buyers can bid on these properties anytime, often at minimal starting bids, making them highly economical options.

Important Details for Centre County Tax Sales

Detail	Description
Sale Type	Upset Sale, Judicial Sale, Repository Sale
Typical Sale Date	Annually, in September for Upset Sale, Judicial and Repository Sales follow
Bid Procedure	Premium bid in increments of $50
Payment Terms	Full payment on the day of sale; accepted methods include cash, money order, or certified check
Redemption Period	Varies; typically none for Judicial Sale Properties
Interest Rate	Varies by property
Deposit	Not applicable for these sales, but immediate full payment is required
Contact Information	Tax Collection & Tax Claim Bureau: (814) 355-6805, Email Tax Claims and Collection
Auction Site	Centre County Tax Claim Bureau, 420 Holmes Street, Bellefonte, PA 16823
County Website	Centre County Official Website

Steps to Participate

1. Research Local Laws: It’s crucial to understand the legal framework governing tax sales in Centre County. This includes knowing the Real Estate Tax Law (Act 542 of 1947, as amended).
2. Visit the Local Treasurer’s Website: The Centre County Tax Claim Bureau’s website offers detailed information about upcoming sales. Be sure to read the Sale Conditions and Instructions.
3. Check the Auction Site: The Centre County Tax Claim Bureau conducts the auction for these properties. For more details, click here.
4. Contact the County Office: For any inquiries, you can contact the Centre County Tax Claim Bureau at (814) 355-6805 or visit their office at 420 Holmes Street, Bellefonte, PA 16823.

Pro Tips for Bidders

• Preregister Early: Ensure all forms and necessary documentation are submitted at least 10 days before the sale.
• Do Your Homework: Thoroughly research the properties you are interested in. This includes understanding any existing liens and the condition of the property.
• Legal Advice: Consult a legal professional to understand the implications of purchasing properties at a tax sale, especially for upset sales where liens might remain.

Frequently Asked Questions

Q: What happens if I can’t pay the full amount after winning a bid?
A: You will forfeit your bid, and the county may offer the property to the next highest bidder or relist it for sale.

Q: Are there any warranties on the properties sold at these sales?
A: No, buyers purchase all properties “as-is” and without any warranties. Officials recommend conducting a thorough search of property records.

For more detailed information, you can visit the Centre County Tax Claim Bureau website.

Useful Links for Centre County Tax Sale

• Centre County Tax Claim Bureau Sale Conditions and Instructions
• Centre County Tax Collection & Tax Claim
• Centre County Official Website

Need a Hand?

If you need assistance with tax deed investing or have more questions, feel free to reach out. We’re here to help you navigate the process and make the most of this investment opportunity. Click here to book a call for personalized guidance.

Sign up or log in to view the full content.

Free help available

Get a Tax Deed in the next 30 days

Need a hand on your first deal at up to 90% off? Book a free call and we’ll guide you step by step.

Auction
Calendar Book a free
call Free
resources

About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded