Frederick County Maryland Tax Lien Sale Guide

Discover Frederick County’s online Tax Lien Sale, a fantastic way to earn a 12% annual return from home. Sign up by April to invest in May. Here’s a breakdown of essential details and steps:

Understanding the Process

Frederick County conducts its tax lien sales online, making it convenient to participate from anywhere. A non-refundable registration fee is required. The auction typically occurs on the second Monday in May, starting at 9 a.m., with properties offered in batches throughout the day. All payments must be completed by 4 p.m. on the day of the sale via direct debit.

The county uses a high-bid premium method. If the highest bid surpasses 40% of the property’s full cash value, a premium is applied, calculated as 20% of the amount exceeding that threshold. This premium is refundable upon redemption or upon delivery of a tax sale deed if no redemption occurs and no foreclosure action is filed within the specified period.

Property owners have the right to redeem their property by paying the owed amount plus interest and any applicable fees. Property owners may redeem at any time before legal proceedings foreclose the right of redemption. Legal proceedings to foreclose the right of redemption can begin six months after the tax sale for non-owner-occupied properties and nine months for owner-occupied properties. Initiate these proceedings within two years of the sale date, or the certificate becomes void, and you forfeit all money paid.

Steps to Participate

1. Register Online: All bidders must register online at the Frederick County Auction Site. You must pay a non-refundable registration fee.
2. Prepare for the Auction: The auction starts at 9 AM on the second Monday in May. The system lists properties in batches throughout the day. Ensure your bank account is ready for direct debit for any high bids.
3. Review Property Listings: Local newspapers and online platforms advertise listings about 30 days before the sale.
4. Understand Redemption and Foreclosure: Legal proceedings can begin 6 months after the sale for non-owner-occupied properties and 9 months for owner-occupied properties. Complete the process within 2 years.

Important Details and Links

Item	Details
Tax Sale Type	Tax Lien Sale
Sale Date	Second Monday in May
Redemption Period	Minimum 6 months, up to 2 years
Interest Rate	8% per annum, calculated daily from the date of sale to redemption
Bid Procedure	High bid premium method
Registration Dates	Opens April
Auction Site	Frederick County Auction Site
Treasury Department	Frederick County Treasury
General County Info	Frederick County Website
Tax Sale Info and Procedures	Frederick County Tax Sale Information
Contact for Queries	Customer Service: 877-361-7325, Email: [email protected], Policy questions: 301-600-1111, Email: [email protected]

Fun Facts About Frederick County

• Population Growth: As of the 2020 census, Frederick County’s population stands at 271,717, reflecting steady growth in recent years.
• County Seat: Frederick serves as the county seat, blending historical charm with modern amenities.
• Location: Frederick County lies within the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area, making it a strategic location for commuters and businesses alike.
• Bordering States: The county shares borders with Pennsylvania to the north and Virginia to the south, giving it a unique position.
• Regional Appeal: Known for its scenic landscapes and historic sites, Frederick County offers a mix of rural tranquility and urban convenience.

Pro Tips

• Research Thoroughly: Understand the property details and bidding process to make informed decisions.
• Budget Wisely: Ensure you have sufficient funds to cover bids and potential high bid premiums.
• Stay Informed: Regularly check the auction website and local listings for updates and detailed property information.

FAQs

What is a Tax Lien Sale?

A tax lien sale involves selling the lien on a property due to unpaid taxes. The investor buys the lien, and if the property owner redeems it, the investor earns interest.

How Do I Register?

Registration is online. Visit the auction site and follow the registration steps, paying a non-refundable fee.

What Happens After I Win a Bid?

Make all payments by 4 PM on the sale day. The redemption period starts immediately, during which the property owner can pay back the owed amount plus interest to reclaim their property.

For more details, visit the Frederick County Tax Sale Information.

Useful Links

• Frederick County Tax Sale Procedures
• Bidders FAQ
• Frederick County Tax Sale
• Frederick County Treasury
• Frederick County Official Site
• Frederick County Tax Sale Auction
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