Redemptions and Walk Away

At the time our surplus reports are created, the auction for the property only recently ended. Property owners are able to redeem their property (pay the taxes owed) up until the time the high bidder pays for their win.

The high bidder has 24 hours after the end of the auction to pay that high bid. Therefore, it is sometimes possible that the property owner paid the property taxes before the high bidder paid.

Also, sometimes the high bidder will “walk away” (not pay).

In both of those cases, that cancels the surplus for this record. It is important to re-check 24 hours after the end of the auction to make sure neither of those happened.

We have a Video Series on YouTube showing you how to check for redemptions or you can always reach out to us on the Support Portal and we will check for you.