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NOTICE OF TAX SALE
OF REAL ESTATE IN
MONTGOMERY COUNTY, MARYLAND
 

Notice is hereby given that the following is a list of real property for which taxes, refuse charges, WSSC charges, special improvement levies, service charges, and other fees or charges are due and in arrears to Montgomery County, municipalities in Montgomery County, and to the State of Maryland. The property owners listed are those that appear on the County tax rolls at the time of publication. If these amounts, plus interest and penalty due, are not paid on the last business day before Monday, June 9, 2014, the Tax Collector will, on Monday June 9, 2014, in accordance with the provisions of the laws of the State of Maryland and Montgomery County Maryland, proceed with the public sale and accept sealed bids for the tax liens pertaining to the properties and/or property groups listed below. The tax sale program enables the County to collect all unpaid property taxes, charges, and fees. When a property tax lien is sold and the total amount due is paid by the purchaser, the County's lien on the property passes to the purchaser. The list of real property upon which amounts are due and in arrears is arranged in random groups for the purpose of bidding.

 

 
NOTICE TO PROSPECTIVE BIDDERS/PURCHASERS
 
1.    

The Tax Sale will be held on Monday, June 9, 2014, between and including 8:00 a.m. and 2:00 p.m. Eastern Time (ET).

 
2.

The tax sale is open to the public. Since there is no warranty, expressed or implied, that a property has a marketable title or that it contains the area of land which it is said to contain the purchaser assumes all risks in that regard. Each tax lien pertaining to the parcel of property taken to tax sale will be sold as an entirety. No property tax lien will be sold for a sum less than the advertised price. Purchasers will receive a certificate of sale for each real property tax lien as required by law.

 
3.    

At the time this advertisement is prepared, all delinquent tax accounts from the various election districts will be divided into groups consisting of approximately the same number of randomly selected properties. During the advertising period - May 15 through June 5 - and up to 4:30 pm June 6, 2014, properties can be removed from groups because of payments received and other events deemed appropriate by the County. Therefore, the final number of properties within each group may be less than advertised. The property groups will be numbered for identification.

 
4.    

The County utilizes a sealed bid process to conduct the tax sale. Bidders can bid on the tax liens for one property group, multiple property groups, or on any number of individual properties in the same group or from different groups. Bidders bidding on full groups will be given priority over bidders seeking to purchase individual property tax liens.

 
5.    

All bids must include the following information to be considered:

  • The name, address, and daytime telephone number of the bidder.
  • The name to appear on the tax sale certificate.
  • For group bids, the group number must be provided. For individual property tax lien bids, the tax account number of the individual properties as well as the associated group number must be provided.

  • The bid must be expressed as a multiple (bid factor) of the full cash value of each property or, for group bids, all the properties in the group. For example, a group bid factor of 0.45 would indicate that the bidder is bidding 0.45 times the full cash value on all properties in the group. If a bidder bids on an entire group, then the bid factor must be the same for all individual properties within that group. If a bidder bids on multiple groups, then the bid factor may be different for each group. If a bidder bids on individual properties within a single group or multiple groups, then the bid factor may be different for each individual property.

 
6.    

Bids that do not include all of the preceding information are not responsive and will be excluded from the sale. In the case where the bids are identical for the same group of properties, the winning bid will be selected by lottery no later than 9:00 a.m. ET on Tuesday, June 10, 2014.

 
7.    

Bids must be received between 8:00 a.m. and 2:00 p.m. ET on Monday, June 9, 2014. No bids will be accepted before or after that period. Bids may be submitted by express mail, overnight or courier delivery, or in person. Bids must be addressed to the attention of “The Tax Sale Administrator,” Division of Treasury, 255 Rockville Pike, Suite L-15, Rockville, MD 20850. Bids may also be submitted via e-mail to taxliensalebid.finance@montgomerycountymd.gov. All attachments must be MS Windows compatible. Faxed bids will not be accepted.

 
8.    

All successful bidders/purchasers will be notified by telephone no later than 10:00 a.m. ET on Tuesday, June 10, 2014. Notification will include the tax sale amount and the amount due for the high-bid premium. Bidders who are subject to a lottery will also be notified at that time. The successful bidder/purchaser is required to pay the full amount due as advertised plus any high-bid premium for all winning bids with payment received by the County no later than 4:00 p.m. ET on Tuesday, June 10, 2014. The method of payment is electronic funds transfer. The County will confirm with its bank the receipt of the payment. Wire payments must be directed to PNC Bank, 800 Connecticut Avenue, NW, Washington, DC 20006 ABA #031000053 for credit to Montgomery County Maryland Depository Account Number 5303548113, TIN#526000980.

 
9.    

The high-bid premium is 20% of the amount by which the bid amount exceeds 40% of the property full cash value. In the event that the computation results in a negative high-bid premium, the premium amount will be set to zero.

 
10.    

Successful bidders/purchasers who do not make payment for the full amount due for all winning bids by the specified time are considered non-compliant and excluded from the auction for all winning bids. At that time, the County reserves the right to make the award to the next highest bidder until all tax liens are sold. The Collector reserves the right to take appropriate action under Tax-Property Article 14-817(a)(3) including but not limited to the right to refuse to accept bids that are not made in good faith and the right to bar a purchaser or holder of a certificate from participating in future tax sales held by the County. At the County’s option, property groups and/or individual properties not sold may be offered for sale, at a later date, to the highest bidder until sold.

 
11.    

There may be properties sold for which taxes were paid prior to the sale date or other circumstances which render the sale invalid or void. The County reserves the right to invalidate or void a sale at any time. In the event the County determines that a tax sale is invalid or void the County will, as the exclusive remedy available to the purchaser, reimburse the purchaser the tax sale purchase price paid, without interest, and any applicable high-bid premium paid, without interest. Events that may invalidate a tax sale include, but are not limited to, bankruptcy filings prior to the tax sale, transfer errors on the assessor’s records that cause the failure of notice to the proper property owner or sale of incorrect property, payment of taxes prior to the tax sale, issuance of a revised tax bill by the County, value changes by the assessor, erroneous service charges, service fees, special improvement levies, WSSC charges, or refuse charges. The tax sale bidder/purchaser assumes all risks of any irregularity of the sale and has no other remedy against the County. The County is not liable for and will not pay the purchaser any interest, costs, expenses or attorney fees associated with any invalid or void sale.

 
12.    

Tax sales are complex proceedings and the County recommends that individuals seek legal advice prior to participation in the annual tax sale.

 
13.    

The owner or other person having an estate or interest in the property tax lien sold has the right to redeem the property tax lien at any time until the right of redemption is finally foreclosed by an order of the Circuit Court (Tax Property Article, Section 14-827, Annotated Code of Maryland).

 
14.    

For tax lien sale information, please visit the County website at www.montgomerycountymd.gov/taxliensale

 
15.    

By participating in the Tax Sale, the bidder/purchaser agrees to accept and be bound by all of the terms and conditions of this Notice of Sale.

 
 
Joseph F. Beach
Director of Finance and
Tax Collector
 
 

 

 
Last edited: 4/10/2014