Snohomish County, Washington Tax Sales

Snohomish County, Washington, manages property tax delinquencies through a well-defined foreclosure auction process. This process ensures the recovery of unpaid taxes while allowing property owners to settle their debts.

Property Tax Delinquencies

The county initiates the tax sale process after property taxes go unpaid for three years. In mid-February, taxpayers receive a special tax statement detailing the total balance due along with payment deadlines. Delinquent accounts accumulate interest and penalties until paid in full.

Check out our Auction Calendar for scheduled auctions.

Pre-Foreclosure Phase

1. Property owners must pay all outstanding taxes, interest, penalties, and fees by April 30 to avoid foreclosure.
2. On May 1, the county adds pre-foreclosure costs to the total due.
3. The Treasurer files a Certificate of Delinquency with the Superior Court to initiate the foreclosure process.
4. Property owners can redeem their property by paying the full amount owed before the auction date.

Foreclosure and Auction Preparation

• The county lists eligible properties on its official website and on the auction platform Bid4Assets.

• Listings include essential information such as parcel numbers, property descriptions, and starting bids.

• Interested participants must register on Bid4Assets and submit a refundable $2,000 deposit.

• The auction terms outline all rules, payment deadlines, and buyer responsibilities.

The Auction Process

1. Snohomish County conducts the auction online, typically in early December.
2. Bidding starts at an amount that covers all unpaid taxes, interest, penalties, and foreclosure costs.
3. Participants bid in real time, and the highest bidder wins the property.
4. Winning bidders must pay the full purchase price and a 5% buyer’s premium by the specified deadline.

Post-Auction Steps

1. Winning bidders complete payment electronically within the required timeframe.
2. The county issues a Treasurer’s Deed to transfer ownership to the buyer.
3. Buyers assume all risks related to the property’s condition and legal status since the deed offers no warranties.
4. Unsold properties become tax title properties, which may be re-listed in future auctions or sold through private negotiations.

Key Considerations for Buyers

• Research each property thoroughly, including its legal status, location, and any existing liens.

• Understand that properties are sold “as-is,” and buyers are responsible for addressing any issues.

• Review the auction rules carefully to ensure compliance with payment and transfer deadlines.

Useful Links

• Auction Calendar
• Investing in Washington Tax Sales
• Let’s talk about Tax deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 

Take Action

Track the schedule with the Auction Calendar and prepare to participate in tax sales. If you need expert guidance, schedule a call with us, and we will help you navigate the process. Explore our free resources for practical advice and tips to make confident decisions in tax sale investments.

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