(SALEM) - The Washington County Commissioners are the proud owners of 25 tax sale certificates and they will be selling them at an auction at 25 percent of the value of the taxes owed, in February.
The Leader Democrat reports the certificates were left from a recent tax sale represent about $50,000 in property taxes owed the county.
Joe Edwards, with SRI, the company that conducts tax sales for the county, explained that some of the certificates have been through several tax sales and that the property owners were at least a year and a half behind in paying their taxes.
Many of the properties are vacant lots which attracted little attention, except from neighboring property owners who were interested if they could get the lot at a reduced price.
Edwards told the commissioners that the certificates represent money that didn't make it into the budget. Returning that money to the county benefits other taxpayers, whose taxes might go up otherwise. Getting property back on the tax role also helps prevent the property from appearing blighted and abandoned which doesn't help the community's image.
Edwards said if the property sells, the original owner has 120-day to redeem the property.
Have a question or comment about a news story? Send it to email@example.com