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How do I purchase property at tax sale?
Tax sales are conducted in the Shelby County Commission Chambers, 1st Floor, 160 N. Main Street and are open to anyone. On the date of the sale, anyone*
wishing to bid will need to arrive early for registration.
Registration begins at 8:30 am and ends at 10:00 am; each tax sale begins at 10:00 am. Bidders must
be registered by 10:00 am in order to bid on property. You will complete a bidder information form and receive a bidder card.
If you are the highest bidder on a property, you will need to remain after the sale so that Chancery Court can verify your bid amount. There is no deposit required.
* Employees or relatives of employees of the Shelby County Trustee's Office are not eligible to bid.
What are my responsibilities as a bidder?
Prior to the Tax Sale: You are strongly advised to research the properties on which you are interested in bidding. This includes, but is not limited to, previewing the properties and looking up the legal descriptions.
After the Tax Sale: You must make your full payment within 24 hours, in the form of cashier's check, money order, or cash to the Chancery Court located at 140 Adams St, Memphis, TN 38103.
What does the minimum bid represent?
The minimum bid at tax sale is the total amount of city and county taxes owed, along with any fees associated with tax sale. These fees may include court costs, attorney fees, and service costs.
When do I take title to the property?
A Clerk and Master's Deed to the property may be requested at any time AFTER the order confirming the Sale has been entered by calling the Chancery Court Clerk and Master's office at (901) 545-3864. Deeds must be registered in the office of the Shelby County Register,
1075 Mullins Station, Suite W165, Memphis TN 38134 in order to complete the transfer of the property.
When is the sale confirmed?
The confirmation date is typically 30-45 days after the date of sale. The court files a final list of property sold at tax sale.
What are my rights after purchasing property at tax sale?
For your rights after you take title at tax sale, consult your attorney.
What if someone redeems the property I purchased at tax sale?
The court will be returning your bid amount, along with 10% per annum on your bid. (Calculated from the date of sale until the petition to redeem is filed). In addition to this amount, the court may award reimbursement for costs of maintaining the property during your ownership.
* Note :
We do not recommend spending money to improve property bought at tax sale until after the 1 year redemption period expires. Such expenditures may or may not be reimbursed by the court.
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