Iowa Tax Lien Sale Online

[Dennis Weber]

Just got thru participating in a Tax Lien sale online.  It was in Iowa  where the interest and amount of lien never changes. You bid down ownership of property.  The bid choices were PTW (proxy to win), PTT (proxy to tie), and Direct Bid.  If you tie then there is a random selection.  There were supposed to be 4 batches but the server crashed so they put all the certs in 1 batch and extended the time.  It was working at the end of the 1st batch and I won two properties.  That is, until they batched them all and put them in the single batch.

Okay, I placed mostly PTT bids but many were PTW and placed over 40 of them.  All the way until the end, I was tied with other users.  When the auction was over, I noticed that there were only 6 or 7 winners of all the liens.  I won nothing.  Nada.

Assuming it wasn't rigged, does anyone know what I may have done wrong?  It was a confusing mess and not a lot of instructions on the auction site that I can see.

Thanks, Dennis