Broward County Tax Information
Broward County will host its Tax Deed Sale Auction on November 20, 2024, at 10:00 AM. The auction will be conducted online only, providing a seamless way for bidders to participate remotely from any location.
Key Auction Details:
Date: November 20, 2024
Location: Online at Broward Deed Auction
Time: Auction begins at 09:00 AM
Auto-Extend Bidding: They will automatically extend the auction by one minute if a bidder places a bid within the final minute.
Terms of Sale:
Buyer's Premium: They will add a 10% buyer’s premium to the winning bid.
Deposit: They require a 20% deposit at least three business days before the auction through ACH transfer.
Final Payment: You must pay the remaining balance by 11:00 AM ET the next business day after the auction ends.
Important Auction Procedures:
Pre-Auction Registration: All bidders must register at the Broward Deed Auction to participate.
Proxy Bidding: The system allows proxy bidding, where participants can enter thei...
Free Access!
Get Access The Tax Lien & Deed Vault Today! (Totally Free)
We would love to speak with you! Feel free to reach out with any questions.
Lien Sales Annually Oct – Nov. Deed Sales Are Held on a Needed Basis and Only on Properties That Were Not Sold at Lien Sale and Were Held by the County for 18 Months
10% Penalty if Redeemed in 1st 6 Months, 15% Penalty if Redeemed in Months 6-12, but Only on the Taxes and Fees Not the Overbid. Overbid Amount Receives 5% Interest.
Redemption Period:
1 Year if Sold at County Sale, Liens Not Sold at County Sale Are Certified to Commissioner and Sold in “Commissioner’s Certificate Sale” With 120 Day Redemption Period
Online Auction:
Yes
Over the Counter:
No but There Is a Second Auction Called a Commissioners Certificate Auction With a Shorter Redemption Period of 120 Days
25% Penalty Per 6 Months for Non Homestead or Special Land Use Properties. If 2 Yr Redemption Period Applies 25% for 1st Year and 50% Penalty for 2nd Year
Redemption Period:
6 Months for Most Properties. 2 Years for Homestead and Special Land Use Properties
Online Auction:
The Vast Majority No, but in 2019, Two Counties (Victoria & Orange)
“Upset Sale” First With Premium Bidding Which Does Not Extinguish Other Liens, Followed by “Judicial Sale” Where All Liens With the Exception of Irs Liens Are Extinguished
Frequency:
Annually Throughout the Year. Upset Sales Typically Held in the Fall. Judicial Sale Typically in the Spring but Could Be Anytime After the Upset Sale.
Interest Rate / Penalty:
N/A
Redemption Period:
N/A
Online Auction:
Very Few
Over the Counter:
Yes Through “Repository” List With County Acceptance
