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Tax Deed Auction Sales in Delaware - (DE)
Written by: Kevin Zimmerman
The state of Delaware does not hold tax lien certificate sales, but it does conduct tax deed sales. The rules for these sales are determined individually according to the counties. Some of the counties offer a right of redemption of 15% t0 20%. The percentages vary depending on the particular county's rules.
An Overview of Delaware Tax Sales
The interest rate for Delaware tax deed sales is 15% to 20% for right of redemption depending on the county's rules. The redemption periods and rules regarding these tax sales also vary according to county.
Delaware Tax Sales Bidding Process
All tax sales held in Delaware are held via a competitive bidding process. Each county sets its own rules regarding tax deed sales auctions.
Depending on the county and the rules, Delaware can be considered a decent state for tax deed sales.