Dorchester County, Maryland Tax Lien Sale 2024: A Step-by-Step Guide

Step into Maryland’s historic landscape with Dorchester County’s Tax Lien Sale, offering a lucrative 10% yearly return. Here’s everything you need to know to get started with tax lien investing in Dorchester County, Maryland.

Overview of the Tax Lien Sale Process

Dorchester County holds its annual tax lien sale online. Here’s a brief overview of the process:

Registration: Interested bidders must register online and pay a $50 fee.

Bidding: The auction follows a “highest bid wins” procedure.

Payment: Winning bidders must pay the full amount of taxes, interest, penalties, and sale expenses immediately. Payment must be completed by 4:00 PM ET.

Tax Sale Certificates: Issued to winning bidders within 90 days post-sale. These certificates accrue interest at a rate of 10% per year.

Redemption: Property owners can redeem their property by paying all due amounts. The redemption period starts in July. If not redeemed, the purchaser can begin foreclosure proceedings six months after the sale.

Key Details

Detail	Description
Tax Sale Type	Tax Lien
Typical Date of Sale	June
Redemption Period	Starts July, foreclosure can begin six months post-sale
Interest Rate	10% per year
Bid Procedure	Highest bid wins
Deposit	Immediate payment required
Sale Contact	Finance Department: 410-228-4343
Auction Site	Auction Site
County Website	Dorchester County Government
Tax Sale Information	Tax Sale Details

Pro Tips

• Research: Understand the local laws and the specific details of each property.
• Due Diligence: Visit the local treasurer’s website for detailed tax lien sale information.
• Contact County Offices: Reach out to the county offices for any clarifications or additional details.

Important Links

• Dorchester County Tax Lien Sale Information
• Dorchester County Finance Department
• Dorchester County Government
• Dorchester County Auction Site
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• Start investing in Tax Liens in Maryland Tax Lien Auctions and earn a 6-20% return on investment!

Frequently Asked Questions

Q: When does Dorchester County conduct the real property tax sale?

A: The annual tax sale will be held online in June.

Q: What payment methods does the tax sale accept?

A: Yes, property owners can redeem their property starting in July by paying all due taxes, charges, and fees.

Q: How do I register for the tax sale?

A: You must pre-register and pay a $50 non-refundable fee online at the auction site.

Q: What payment methods does the tax sale accept?

A: Winning bidders must pay for their Certificates of Sale via ACH debit authorization by 4:00 PM ET on June.

Need a Hand?

For further details, visit the Dorchester County Tax Sale Information Page.

Follow these guidelines and tips to prepare yourself for Dorchester County’s tax lien sale and secure a high-yield investment. Consider booking a call or accessing our free resources for more guidance. Happy investing!

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