Queen Anne’s County
Secure a 12% Return with Queen Anne’s County, Maryland Tax Lien Sale
Looking for a straightforward investment opportunity? Queen Anne’s County, Maryland, offers an annual tax lien sale with a potential 12% return. Held online every third Tuesday in May, the sale provides a chance to invest in tax liens on properties with overdue taxes in one of Maryland’s top agricultural regions.
How the Queen Anne’s County Tax Lien Sale Works
Each year, Queen Anne’s County auctions off tax lien certificates for properties with unpaid taxes, sewer bills, or other assessments. The sale takes place online on the third Tuesday of May.
Before you can participate, make sure to pre-register online with a $100 non-refundable fee. The auction is hosted on the Real Auction platform, where bidding begins at the amount owed plus any sale expenses. If you bid more than 40% of the property’s assessed value, an additional “high bid premium” applies. This premium is 20% of the excess bid.
Once the auction ends, successful bidders receive an itemized receipt and a tax sale certificate. These certificates are valid for up to two years. During this time, the property owner can redeem the property by paying back the owed taxes along with any interest and penalties. If the owner fails to redeem within the redemption period, you may begin foreclosure proceedings.
What Happens If Liens Go Unpaid?
If a property lien goes unsold during the auction, it can still be purchased over the counter from the county. This extends your investment opportunities beyond the auction and could offer a chance to purchase liens that didn’t attract bids.
Key Details of the Tax Lien Sale
Detail | Description |
---|---|
Next Sale Date | May |
Registration | It opens one month prior and closes one week before the auction. A $100 non-refundable fee is required. |
Location | Online at Queen Anne’s County Tax Sale |
Bid Procedure | Starts with the owed amount plus sale expenses. A High bid premium applies if the bid exceeds 40% of the assessed value. |
Interest Rate | 12% annually, calculated monthly from the sale date to the redemption date. |
Redemption Period | No less than 6 months and no more than 2 years from the sale date. |
Post-Sale Process | Foreclosure on the lien six months to two years after the sale if the property is not redeemed. |
Unsold Liens | Available over-the-counter from the county. |
Registration and Bidding:
Prospective bidders must register online and provide proof of legal existence to participate.
The high bid premium, calculated as 20% of the amount over the high bid threshold (40% of the property’s assessed value), is refunded without interest upon redemption or foreclosure within two years.
Post-Sale Documentation:
- After the sale, you’ll receive an itemized receipt and a tax sale certificate, valid for two years.
Contact Information:
- Treasury Division: 107 N Liberty Street, Centreville, MD 21617
- Phone: 410-758-0414 x2087
- Fax: 410-758-4405
- Email: jrank@qac.org
- More Info: Queen Anne’s County Treasury Division
Why Invest in Queen Anne’s County Tax Lien Certificates?
Queen Anne’s County provides a solid 12% annual return on tax lien investments, with relatively low risk. This makes it an attractive option for both local and international investors.
The auction process is transparent and easy to navigate, especially with the online platform. Plus, the redemption period gives property owners time to pay off their debts, ensuring your investment is protected while you earn a steady return.
By purchasing a tax lien, you’re not just securing a potentially high-return investment, but you’re also helping maintain the local economy and supporting essential county services.
Interesting Facts about Queen Anne’s County Real Estate
Queen Anne’s County is the largest producer of corn, wheat, and soybeans in Maryland. The county has preserved around 70,000 acres through various preservation programs, ensuring agriculture remains its largest industry. With 155,000 acres dedicated to production agriculture, the average farm size is 351 acres. The county hosts approximately 443 full-time farmers and 800 part-time farmers and farm owners.
Useful Links:
- Queen Anne’s County Tax Sale Information
- Queen Anne’s County Auction Site
- Queen Anne’s County Website
- 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!
FAQs
What happens if a property isn’t redeemed? If a property owner does not redeem the lien within the specified period, the lien holder has the right to foreclose on the property, usually starting six months to two years after the sale.
Are unsold liens available after the auction? Yes, unsold tax liens can be purchased over the counter from the county, providing additional investment opportunities.
For more details on participating in the tax lien sale, Visit the tax sale information page
Need a Hand?
If you have more questions or need guidance, feel free to contact the Queen Anne’s County Treasury Division or visit their official website. If you’re ready to learn more or need help navigating the tax lien sale process, feel free to reach out for assistance. We’re here to guide you through the steps and help you make the best investment decisions. Consider booking a call or accessing free resources for more guidance.
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