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Updated over 5 years ago,

User Stats

20
Posts
8
Votes
Sin Hang Lai
  • Investor
  • Norwalk, CT
8
Votes |
20
Posts

Delinquent Property Tax Auction Question

Sin Hang Lai
  • Investor
  • Norwalk, CT
Posted

Hi, I attended my first delinquent property tax auction today at a small town in Connecticut.

It was an interesting experience to just observe. There were 4 properties. 2 were sold to individuals. No one bid on the other 2, so the lawyer in charge of the auction said something like the town will take the minimum bid.

When the lawyer said that, I thought, "So does that mean someone can bid against the town now? And does that mean the town can keep bidding against people?"


That's pretty much my question.

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