Six properties sold:
Online mode bumps tax foreclosure sales
January 16, 2020
Real estate sale affidavits filed last week on six tax foreclosure sales conducted by the treasurer’s office indicated a gain in the annual routine. Treasurer Chris Nelson and staff opted to place the county’s foreclosure sale online at the bid4assets site.
Previously the county conducted a bid session at the commissioners room in the courthouse after listing the properties in the Gazette.
The online listing, as expected, drew bids from a larger audience and also attracted more competition.
Bidders were required to register prior to the listing. The $500 registration fee was reimbursed to bidders who were unsuccessful.
In the county’s case, the properties went up for bid on Dec. 13 and the sale continued for the next three days.
One particular property, a house on NW True Street in Pullman, received intense bidding.
With the bids posted as the sale went along, bidders could decide whether they wanted to up their offer as the process went along.
The county uses proceeds from the sale to pay off back taxes, usually dating back three years, plus late pay penalties and interest which were attached to the particular properties.
A treasurer’s deed is issued to the successful bidder.
After the tax obligation is cleared off the books, any remaining proceeds are placed in a treasurer’s trust account from which the previous owner can apply to get a return on the property which was foreclosed.
Successful bidders for the annual sale were as follows:
Christopher Merry and Sara Castillo-Merry, Long Beach, Calif., house in Huffman’s Addition to Tekoa, $1,643.
Heidi and Jim Doneen, Oakesdale, building in McCoy’s addition to Oakesdale, $1,899.
Avva Vray, Spokane, building on Steptoe Ave., Oakesdale, $5,909.
Cynthia and Lane Slatter, Clarkston, house on 1st Street Endicott, $33,800.
Barry and Danna Moore and Sara Moore, Pullman, house on NW True Street, Pullman, $180,100.
All sales were dated Jan. 10 on the transfer tax affidavits.