If your property has been sold for delinquent taxes, you now have a "lien" against your property. This property tax lien will not effect your overall "credit score" but must be satisfied before the property can be sold, used as collateral for a loan, transfer ownership, etc.
Since the property has been auctioned, it must now be redeemed. As the property owner, you are given a period of three (3) years to redeem the property with this office. This is done through our Land Redemption Department.
Since tax sale properties are charged daily interest, you may call or visit our Land Redemption Department to obtain a "pay-off" price based on what date you plan to redeem the property.
You will be responsible to pay the buyer the initial delinquent tax and cost plus any additional property tax the buyer has paid during the three year redemption period. You are also required to pay the buyer interest on the sale amount. The interest rate on tax sale property is 12% annually compounded daily.