|Balloons over South Park|
|Damaged jasper spear point|
The best way to invest in the tax sales are to keep your premium bids low, as this money is NOT returned to you in the event the lien is redeemed. Last year there were many parcels at Fremont County that did not have premium bids. Investors at Fremont County got the tax liens for the amount of taxes only.
After three years have passed, you can request that the County Treasurer foreclose your tax lien. If the lien is not redeemed, you will receive a Treasurer’s deed to the property. If the lien is redeemed, you will receive a check that represents your payments plus interest (2010 rate is 10%). Either way, this is a fun way to invest some extra money. For more information check out the Colorado County Treasurer’s Association website at: