TREASURER - TAX SALE
INFORMATION
TO: ALL THOSE INTERESTED IN PURCHASING
PROPERTY AT TAX SALE
FROM: RICHARD G. HEIDLOFF – LYON CO.
TREASURER 712-472-3704
It is the duty of the County Treasurer to
sell at annual tax sale any property with unpaid taxes, which is
to be held the third Monday in June. The listing of unpaid
taxes will be published in either the Doon Press or Lyon County
Reporter, an official paper, and listed online at
www.iowatreasurers.org. For your information, please note the
following:
1.
BUYER BEWARE!!! It is the bidders’ responsibility to do
research
and be knowledgeable about the
property they are purchasing. There
will be a registration fee of
$25.00 per bidder and must pre-register
by the Friday before the tax
sale.
2. A tax certificate purchaser
may not have recorded interest in any
property they purchase a
certificate to or receive on assignment.
3.
All bidders will be eligible to bid on each parcel. A
show of hands will
indicate who is
interested in purchasing each parcel. An
opportunity
to “buy down” will be given
to the remaining interested bidders. A
certificate will be issued to
the bidder indicating the smallest
percentage of parcel, with 1%
being the lowest percentage accepted. A
random selection drawing will
be used to eliminate the tie. A tax
certificate will then be
issued for the percentage designated. Any
collusion by bidders to
prevent the “buy down” process will cause the tax
sale to be postponed. In the
event collusion is discovered after the tax
sale, the tax sale
certificate will be null and void and resold at a later
date.
4. You may pay subsequent taxes
on this property on October 15 and
April 15 of each year if still
delinquent. At that time, you will receive
a subsequent
receipt from the Treasurer. Subsequent tax payments may
not be paid
online. If paid online, the payment will not be added to the
certificate!
5. After 1 year and 9 months
from the date of your certificate of
purchase at regular tax sale,
or 9 months on a public bidder sale,
if not redeemed prior to that
date, you should serve a Notice of
Expiration and file an
Affidavit of Completion of Service with the
County Treasurer in accordance
with Section 447.9 and 447.12,
2007 Code of Iowa as amended.
You should consult your legal council
prior to the issuance of the
Notice of Expiration and Affidavit of
Completion of Service.
6. 90 days after the Affidavit
of Service is filed with the County
Treasurer, a deed or
certificate of title can be issued, upon returning
the certificate and subsequent
receipts to the County Treasurer, along
with the fee, which is
currently $25.00.
7. If action by the holder of a
certificate has not been completed to
qualify the holder for a
Treasurer’s deed or a Treasurer’s Certificate
of Title within 3 years from
the date of the certificate, the
certificate is cancelled. A
certificate of purchase is assignable by
contacting the County
Treasurer and paying a fee of $100.
8. Immediately after the
issuance of the treasurer’s deed or
certificate of title, an
affidavit will be filed on your behalf to clear
title under Section 448.15,
2007 Code of Iowa.
9. New legislation allows the
tax sale certificate purchaser to recover
lien search and notice costs
as part of the redemption, as provided in
the Iowa Code. This pertains
to tax sale certificates sold starting
June, 2005.
The above is for informative purposes only
and is not to be construed as legal advice. For additional
information, please feel free to call or write this office.
Richard G. Heidloff
Lyon County Treasurer
2/10/09
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