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Updated 7 months ago on .

User Stats

60
Posts
11
Votes
Sylvia Castellanos
  • Investor
11
Votes |
60
Posts

How is check-out handled at the end of a tax deed auction?

Sylvia Castellanos
  • Investor
Posted

The way Wayne County PA handles its OTC property inventory is to hold auctions four times a year. I attended its summer sale yesterday and I bought two properties. When the sale ended around 12:30, the staff of three said we needed to wait to be called up to pay. To make a long story short, my turn, as bidder #131, to pay came at 5:00. As I left, there were still fifteen-twenty people left to pay.

I am new to the auction setting, but there is no way this can be the normal procedure to pay at the end of an auction. How is it normally handled?