Tax Sale Information
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Buying property at tax sale is very
risky and has
several restrictions.
The tax sale is very
different from foreclosure sales conducted on the
courthouse steps by trustees for lending institutions.
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It
is strongly recommended by the Collector’s Office to
seek legal advice regarding further information on your
rights as a tax sale purchaser.
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Real estate that has
three years
delinquent taxes must be offered for sale to
discharge the lien for the delinquent and unpaid taxes.
(RSMo 140.160)
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Tax sale is held on the front steps
of the courthouse on the
4th Monday in August, beginning at 10:00
a.m.
(RSMo 140.170)
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Properties subject to sale are
advertised in the Steelville
Star newspaper for
three consecutive weeks prior to the tax sale, with the
last advertisement being 15 days prior to sale date.
(RSMo 140.170)
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The taxpayer has the opportunity to
pay the taxes in
full prior to the sale and a very high percentage is
paid after advertising and before the sale.
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Buyers must
be present to
bid.
Bidders must
register in the Collector’s Office and complete an affidavit stating
they are not
delinquent on any tax payment on any property.
(RSMo 140.190)
Registration will begin at
9:00 a.m. on the morning of sale.
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If bidder is
not a Missouri
resident, they must appoint a citizen of Crawford
County as their agent and they must consent in writing
to the jurisdiction of the Circuit Court of the county.
(RSMo 140.190)
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The sale is conducted in a public
auction style,
with an opening bid of the amount to cover all taxes,
interest, and charges thereon.
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At the conclusion of the sale, the
purchaser shall IMMEDIATELY pay the amount of bid to the
Collector, and will receive a
Certificate of
Purchase.
Purchaser is also
responsible for all subsequent taxes.
(RSMo 140.280 & .290)
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Any
surplus paid
over the opening bid shall be deposited with the County
Treasurer and may be claimed by the owner.
If not claimed within three
years, the surplus is distributed among the schools.
(RSMo 140.230)
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Purchaser shall not be entitled to
possession
during the one-year redemption period.
Homesteads also have special
restrictions.
(RSMo 140.310)
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No compensation shall be allowed
for improvements
made before the expiration of one year from the date of
sale for taxes.
(RSMo 140.360)
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Mailing Address:
Crawford County Collector
P.O. Box 250
Steelville, MO 65565 |
Directions:
Located east of the Crawford County Courthouse
101 Third St. in Steelville, Missouri
Map to Location |
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