Tax deeds in Delaware

[Jason Kidwell]

Anyone have advice on purchasing deeds in Delaware? Seems to be quite different than other deed states. I've read quite a bit and feel prepared for upcoming auctions, but would like to know if any BP folks have ran in to any unexpected snags or delays etc start to finish. Thank you. Wow BP is amazing so far! Fairly new thanks again!

[Jason Kidwell]

Every state being different below below is what I have currently found about sheriff sales in DE. Thanks for your response best of luck in Jersey!

Redeemable Tax Deed
Auction Date(s)	Monthly
Bid Method	Premium Bid
Interest Rate	15%
Accrual Rate	N/A
Redemption Period	60 Days
OTC's	No

Tax Deed Auctions:

• Monthly
• Premium bid
• Interest rate 15% penalty
• Redemption period begins with date of the auction
• 60 day redemption period

You may see a 20% penalty with a one-year redemption period, or a 15% penalty with 60-day redemption period.