Anne Arundel County, Maryland Tax Lien Sales: A Great Investment Opportunity

Imagine locking in up to an 18% annual return on your investment! You can do just that with Anne Arundel County, Maryland’s annual Tax Lien Sale. This online event provides a straightforward way to invest in property while helping the county recover overdue taxes. Here’s how you can get started and what you need to know.

Important Details for Tax Lien Investors

Anne Arundel County’s tax lien certificate sales are held once a year, typically in May or June. The bidding process happens entirely online, making it easy and accessible for investors from anywhere.

How the Auction Works

• Bidding Format: Public auction, where the highest bidder wins.
• Bidder Registration: Required online, with a W-9 form and a $100 registration fee.
• Payments: Payments must be made by wire transfer or cashier’s check by 3 PM the following day.
• Interest Rate: The interest rate on successful bids is 18% annually (1.5% per month).

If you’re successful in purchasing a tax lien certificate, the property owner has two years to redeem the property by paying the amount due (including interest and any accrued taxes). If they don’t redeem, you can initiate foreclosure procedures.

Foreclosure Process and Risks

• Redemption Period: The owner has up to two years to redeem the property. If they don’t redeem, you can start the foreclosure process through the Anne Arundel County Circuit Court.
• Certificate of Sale: After six months, a certificate of sale is issued. This document gives you the right to start the foreclosure process if the property owner has not redeemed the lien.
• Risks: As with any investment, risks are involved. Anne Arundel County sells properties as-is, and the county does not guarantee the marketability of the title.

Steps to Participate

Research and Understand Local Laws:

Knowing the legal framework is crucial. The Maryland Annotated Code, Tax-Property Article § 14-812, outlines key regulations.

Visit the Local Treasurer’s Website:

Check out the Anne Arundel County Finance Department for specific details on the tax sale.

Register for the Auction:

Complete the registration form, including a W-9 and the $100 registration fee.

Submit Your Bids:

Submit bids in Excel format. Mind the high bid premium for bids over 40% of the property’s assessed value.

Make Your Payment:

Payments must be made via cash or certified check.

Understand Redemption and Foreclosure:

The redemption period is nine months for owner-occupied residential properties and six months for other properties. After this period, you may initiate foreclosure if the property owner hasn’t paid the owed taxes.

Fun Facts About Anne Arundel County

Key Details for Anne Arundel County Tax Lien Sales

Detail	Information
Tax Sale Type	Tax Lien Certificate Sale
Typical Date of Sale	May or June (exact date set by the Controller)
Redemption Period	2 years (Owner can redeem anytime within this period)
Interest Rate	18% per annum (1.5% per month)
Bid Procedure	Public online auction (Highest bidder wins)
Registration Process	Must register online, submit W-9, and pay $100 registration fee
Payment Process	Purchasers may initiate foreclosure after 6 months (if the property not redeemed)
High Bid Premium	Applicable if the bid exceeds 40% of the assessed value
Auction Site	Anne Arundel County Tax Sale Auction Site
Certificate of Sale Issuance	Issued 6 months post-sale if no redemption has occurred
Foreclosure Process	Purchasers may initiate foreclosure after 6 months (if property not redeemed)
Unsold Liens	May be auctioned off a week after the tax sale
Important Resources	Anne Arundel County Tax Sale Information

Population: As of 2020, the population is 588,261, which is an increase of nearly 10% since 2010.

County Seat: Annapolis, which is also the state capital of Maryland.

History: The county honors Anne Arundell, a member of a prominent English family.

Economic Hub: Anne Arundel County belongs to the Baltimore-Columbia-Towson metro area, which is also part of the Washington-Baltimore-Arlington combined metro area.

Pro Tips

• Due Diligence: Research the properties thoroughly before bidding. Remember, the county sells properties as-is.
• Follow-up: If you don’t win your desired properties, unsold liens may be available about a week later.
• Keep Records: Maintain detailed records of your bids and payments for tax reporting purposes.

Useful Links

• Anne Arundel County Tax Sale Information
• Anne Arundel County Auction Site
• Anne Arundel County Finance Department
• Earn Solid 6-20% ROI In Maryland Tax Liens!
• Learn How Does Tax Lien Investing Work
• Want to get started with Tax Liens? Click Here!
• Start investing in Tax Liens in Maryland Tax Lien Auctions and earn a 6-20% return on investment!

Need a Hand?

If you need further assistance or guidance with tax lien investing, feel free to reach out for support. Book a call or access free resources to get started on your investment journey.

Investing in tax liens in Anne Arundel County can be a lucrative opportunity. With proper research and preparation, you can make the most of this investment vehicle. Good luck!

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