The sale will be conducted in the manner of a public outcry auction, with the parcels typically sold in the order of the legal advertisements. Those parcels withdrawn due to payment or legal requirements will be announced. The opening bid will be equal to the amount of taxes due plus costs. The property will go to the highest bidder. If no one bids over the opening bid, the property will be bid in for the county. Payment must be made for the amount of the bid at the time of sale. If the highest bidder fails to or refuses to comply with the terms of sale, the property may be resold and the first bidder held responsible for any deficiency arising from the latter sale. If all the parcels are not sold by 4:00 p.m. on the first day of sale, the sale will resume at 10:00 a.m. the following day. The purchaser must provide the tax commissioner with a current mailing address upon tender of payment, which should be by cash or by cashiers or certified check issued or certified by a financial institution insured with the FDIC or FSLIC. A receipt for the purchase will be issued at the time of tender. The tax commissioner will execute a tax deed after the sale and have the deed properly recorded. The deed, along with other pertinent information, will be sent to the purchaser at the address given on the receipt. The purchaser will be responsible for property taxes as they become due. The amount of any tax paid, however, may be added to the redemption price.
