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INSTRUCTIONS FOR BIDDERS

RESALE OF REAL ESTATE FOR TAXES

 

Method of payment for the 2018 County Resale:

 

All payments will be in cash money and will be paid for after each property is sold to the highest bidder.  All sales will be final and deeds will be issued as soon as possible. Prior to the sale, deposits can be made with the Treasurer’s office to be held in trust for the purpose of sale purchases.  These deposits can be made with certified funds, personal checks or cash, but must be deposited at least 10 days prior to the date of the sale, June 11, 2018. If you have any questions, please contact the Comanche County Treasurer’s Office at 580-355-5763.

 

EVERYONE WHO WISHES TO BID MUST REGISTER WITH THE COUNTY TREASURER AND RECEIVE A BIDDER NUMBER.  THE AUCTION WILL NOT BEGIN UNTIL ALL BIDDERS THAT ARE PRESENT AT 10:00 A.M., HAVE REGISTERED AND BEEN ASSIGNED A NUMBER.

 

BIDS WILL BE RECEIVED ORALLY AND RECORDED BY AMOUNT AND BIDDER AS THE AUCTION PROCEEDS.  BIDS WILL START AT 2/3 OF THE ASSESSED VALUE OR THE AMOUNT OF TAXES DUE, WHICHEVER IS LESS.

 

IN ACCORDANCE WITH STATE LAW, THE TERMS OF THE SALE WILL BE CASH.  THE COSTS OF COUNTY CLERK FILING FEES, ALL ADDITIONAL TAXES DUE AND OTHER EXPENSES AS PROVIDED BY LAW WILL BE ADDED TO THE PURCHASE PRICE.

 

TITLE WILL BE CONVEYED IN ACCORDANCE WITH THE PROVISIONS OF OKLAHOMA STATE LAW.  ANY ABSTRACTING, ATTORNEY’S LEGAL OPINIONS, TITLE INSURANCE, AND ANY OTHER OR ADDITIONAL TITLE RESEARCH, WILL BE THE RESPONSIBILITY OF THE BUYER.

 

TAXES WILL BEGIN TO ACCRUE ON THE PROPERTY WITH THE CURRENT TAX YEAR WHEN DEED IS FILED.

 

RHONDA BRANTLEY,

COMANCHE COUNTY TREASURER