Monday, January 11, 2010

Roanoke To Auction Properties in City

The City of Roanoke will hold an auction at noon Wednesday, Jan. 27, at the Jefferson Center's Fitzpatrick Hall for 23 properties. Owners of these properties are delinquent real estate taxes or have assessments for weed and trash abatement, and demolition or board-up costs.

Bad weather would push the auction to Feb. 3.

A listing of individual properties is available online at here. According to state law, properties qualify for the Judicial Sale process when taxes are delinquent on Dec. 31 following the first anniversary of the date on which the taxes have become due.State law also provides that any property sold during these proceedings is purchased free of liens. Sales are subject to Circuit Court approval.

In order to redeem any tax sale property, the owner must pay all accumulated taxes, assessments, penalties, interest, and costs, including all legal fees, by 5 p.m. on the day before the sale. The listing of tax sale properties is subject to change up until the time of the auction.

Additional information about the Tax Sale and the Bidder Qualification Program is located on the city's Web site, or you can call Dana Long at 540-853-2880.

(From press release.)

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