Understanding Properties

A tax sale property is real estate being sold by a municipality because the owner has failed to pay property taxes for an extended period (typically 3+ years).

These properties are often sold at below-market prices, making them attractive to investors. The municipality sells the property to recover unpaid taxes.

Properties on TaxSalesPortal have different statuses:

• Active: Currently accepting tenders/bids
• Upcoming: Sale date announced but not yet open
• Sold: Property has been sold
• Cancelled: Sale was cancelled (often taxes were paid)

Each listing includes:

• Property address and legal description
• Minimum tender/bid amount
• Assessment value and property type
• Tender deadline and submission details
• Available municipal documents