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2009 Property Tax Foreclosure Auction Fact Sheet

1.The Thurston County Treasurer conducts a property tax foreclosure auction pursuant to RCW 84.64. Property whose delinquent taxes are not redeemed prior to the sale date are sold at a public auction held once a year in January. The date for this year’s internet-based  foreclosure auction will be January 11,12,13, 2010. The foreclosure sale may reopen Tuesday, January 19, 2010 if all properties are not sold.
 
2.The first public notice is published in the Nisqually Valley News, a local newspaper, on Friday September 11, 2009. If you would like a copy of this notice send a self-addressed stamped envelope around that time or visit our web site at www.co.thurston.wa.us/treasurer. We do not maintain a mailing list.
 
3.The final notice will be published Monday, January 4, 2010 on the Thurston County Treasurer's web site at www.co.thurston.wa.us/treasurer. This list will include the opening bid amounts.
 
4.A current list of properties in foreclosure will be available and maintained in the Treasurer’s Office and on our web site at www.co.thurston.wa.us/treasurer after September 15, 2009. The list is updated weekly.
 
5.An open internet based auction is facilitated by  www.Bid4Assets.com; the property is awarded to the highest bidder. All sales are final. Property is sold "as is". Payment must be via wire transfer or in person in the form of cash or cashiers check. Payment must be received by Friday, January 15, 2010 - see schedule on Bid4Assets website. The County does not finance.
 
6.A representative may purchase property provided they register at the foreclosure auction web site along with all auction bidders.
 
7.Approximately 1 to 10 properties go to sale each year.
 
8.Properties are sold free and clear of all liens and encumbrances except Internal Revenue Service liens and Municipal liens such as Local Improvement District Assessment liens.
 
9.A tax deed is issued within 30 days in the name of the purchaser.
 
10.There is no right of redemption period except if the property were that of a minor or any person adjudicated to be legally incompetent. In this case the property may be redeemed within three years.
 
11. Properties that do not sell at the foreclosure sale revert back to the county and are handled by Mark Neary, Central Services Director (360)754-2974 and/or nearym@co.thurston.wa.us.
 
12.Internet access to the Thurston County Geodata system is available at www.geodata.org. Choose Parcel Search and enter the parcel number. When property information is displayed there is View map of parcel link in the middle of the page.

Page Revised November 06, 2009