Properties Below Market Value? – Monroe County, Pennsylvania Tax Deed Sale

Investing in Monroe County, Pennsylvania, real estate at 40% to 90% below market value is possible through Upset, Judicial, and Repository tax sales held at the Sherman Theater in Stroudsburg.

Investing in Monroe County Tax Sales

In Monroe County, there are three main types of tax sales: Upset, Judicial, and Repository.

Upset Sale

• When: Held every September
• Details: Properties are sold with all existing liens and as-is conditions. The minimum bid includes taxes and bureau costs. Additional fees like recording and transfer taxes will apply.
• Registration: In-person registration with a non-refundable $25 fee.
• More Information: Monroe County Upset Sale Conditions

Judicial Sale

• When: Held in the spring for properties not sold at the Upset Sale.
• Details: The county sells properties free and clear of all liens, providing a cleaner investment. The bureau sets the minimum bid to cover its costs.
• Registration: In-person registration with a non-refundable $25 fee.
• More Information: Monroe County Judicial Sale Conditions

Repository Sale

• When: Properties are available after the Upset and Judicial sales.
• Details: The minimum bid per parcel is $800 plus filing fees. Properties are sold free of prior claims.
• Registration: You must register in person and provide valid identification.
• More Information: Monroe County Repository Sale Conditions

Table of Important Details

Detail	Upset Sale	Judicial Sale	Repository Sale
Sale Date	September	Spring	After Upset and Judicial Sales
Bid Procedure	Minimum bid covers taxes and costs	The minimum bid is bureau costs	The minimum bid per parcel is $800
Registration	In-person, $25 fee	In-person, $25 fee	In-person, $25 fee
Conditions	Properties sold as-is with liens	Properties sold free of prior claims	Properties sold free of prior claims
Additional Costs	Recording, transfer taxes	Recording, transfer taxes	Filing fees
Auction Location	Sherman Theater	Sherman Theater	Monroe County Administration Center
Link for More Info	Upset Sale	Judicial Sale	Repository Sale

Interesting Facts about Real Estate in Monroe County

• Monroe County offers opportunities to invest in properties at significantly reduced prices.
• The county is located in the Pocono Mountains, providing scenic views and a robust tourism industry.

Frequently Asked Questions (FAQ)

Q: What is a tax lien sale?
A: A tax lien sale is an auction where the government sells liens on properties due to unpaid taxes. Buyers pay the owed taxes and, in return, receive interest when the owner pays back the debt.

Q: What is the difference between Upset, Judicial, and Repository sales?
A: Upset sales include properties with existing liens and occur in September. Judicial sales happen in the spring for properties not sold in the Upset sale and are free of prior claims. Repository sales offer properties unsold in previous auctions at minimum bids.

Q: How do I register for a tax sale in Monroe County?
A: You must complete registration in person and pay a non-refundable $25 fee. You need to provide valid identification and, if applicable, business registration documents.

Q: Are there any additional costs when purchasing a property at a tax sale?
A: Yes, additional costs include recording fees, transfer taxes, and any other applicable fees.

Q: Can I inspect properties before the auction?
A: Typically, properties are sold as-is, and inspections are not allowed. Buyers purchase at their own risk without guarantees or warranties.

Q: What happens if I fail to pay after winning a bid?
A: Failure to pay the bid amount and additional fees within the stipulated time will result in forfeiture of the property and may bar you from future auctions.

Q: Where can I find more information about tax sales in Monroe County?
A: You can visit the Monroe County Tax Claim Bureau or check the specific sale conditions linked above.

Monroe County Tax Lien Information and Links

• Monroe County Tax Lien Information
• Monroe County Tax Claim Bureau
• Monroe County Official Website
• Auction Site: Sherman Theater, 524 Main Street, Stroudsburg, PA 18360

By investing in Monroe County tax sales, you can acquire properties at a fraction of their market value. Whether you choose the Upset, Judicial, or Repository sale, each offers unique benefits and potentially high returns. Make sure to register in person and be prepared with all necessary documentation and fees.

Feel free to reach out if you need more information or assistance with your investment journey. Book a call with us HERE. Happy investing!

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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