Thurston County, Washington Tax Sales

Thurston County, Washington, hosts an annual tax foreclosure auction to recover unpaid property taxes. This process helps the county collect overdue taxes while giving property owners time to settle their debts. Here’s a clear and simple breakdown of how the process works.

When Property Taxes Go Unpaid

The county begins the foreclosure process if property taxes remain unpaid for three or more years. For instance, taxes from 2021 must be paid by 2024 to avoid foreclosure.

• The Treasurer’s Office sends multiple notices to property owners about their overdue taxes.

• These notices explain steps to stop the foreclosure.

• Interest and penalties keep adding to the unpaid balance until the full amount is paid.

Check out our Auction Calendar for scheduled auctions.

How Foreclosure Works

The foreclosure process officially starts when the Treasurer’s Office files a Certificate of Delinquency with the Superior Court.

1. All overdue taxes, interest, penalties, and fees must be paid in full to stop the foreclosure.
2. The county does not accept partial payments or payment plans once the foreclosure begins.
3. If taxes remain unpaid, the property will move to auction.

Preparing for the Tax Auction

Thurston County holds its tax foreclosure auction online, usually in January, using the secure Bid4Assets platform.

1. Review the list of auction properties published weeks in advance.
2. The list includes parcel numbers, addresses, and minimum bid amounts.
3. Register on the Bid4Assets platform to participate.
4. Pay a $1,000 deposit and a $35 non-refundable processing fee to qualify.
5. Familiarize yourself with the auction rules and payment terms.

The Online Auction Process

The auction is conducted entirely online, which means you can participate from anywhere.

1. Bidding starts at an amount covering unpaid taxes, interest, penalties, and foreclosure costs.
2. The highest bidder wins the property.
3. Buyers must pay the full purchase price, including a 5% buyer’s premium, by the specified deadline.
4. All payments must be made electronically through the auction platform.

After the Auction

Winning bidders receive a Treasurer’s Deed that transfers property ownership. However, the deed has limitations.

• The Treasurer’s Deed does not guarantee the property’s condition or legal status.

• Buyers assume all risks, including any liens or encumbrances attached to the property.

• Unsold properties become tax title properties, which the county may sell in future auctions or through private negotiations.

Essential Tips for Buyers

Before participating in the auction, buyers should take the following steps:

Research Thoroughly:

• Check the property’s legal status.

• Investigate any liens or encumbrances.

• Assess the property’s condition.

Understand the Rules:

• Properties are sold “as is,” and sales are final.

• Review auction guidelines and payment deadlines to avoid penalties or disqualification.

Be Prepared:

• Ensure you have sufficient funds and know how to complete the purchase through the platform.

Useful Links

• Auction Calendar
• Investing in Washington Tax Sales
• Let’s talk about Tax deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 

Take Action Now

Check out our Auction Calendar for more upcoming Auctions. If you’re new to tax sales or need help, schedule a call with us, and we will guide you through the process. You can also explore our free resources for helpful tips, and start your journey toward bright property investments today

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