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Updated about 6 years ago on . Most recent reply

User Stats

27
Posts
13
Votes
Nick P.
  • Denver, CO
13
Votes |
27
Posts

Colorado Tax Liens - Why bother filing for treasurers deed?

Nick P.
  • Denver, CO
Posted

So I have been deep diving into Colorado Tax Liens last 4 months.  I understand you can begin the process to receive the treasurers deed at 2.5 years and in theory (excessively unlikely) receive the deed in 3 years time.  I have read all the Colorado statues and annotations, and can't find anything suggesting I can't keep endorsing/let interest accrue past the 3 years time.

So my question is, if your tax lien is a small percentage of property value, why would you bother to start the redemption process and most likely get your capital back?  It seems continuing to endorse/accruing interest would be the approach if I want the interest.  Anyone familiar with any reasons/cases/laws of why this would not make sense?

https://leg.colorado.gov/laws   Title 39 Article 11/12

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