Aberdeen Township to Hold Tax Lien Sale
The town will sell properties that owe taxes or other fees.
Aberdeen Township will sell several parcels of land on which taxes or other municipal charges remain unpaid from 2011 or earlier.
Marie Taylor, the township tax collector, issued a public notice stating that the sale would take place at the Aberdeen Township Municipal Building at 10 a.m. on Oct. 30.
The listed properties, which are attached to this article, will be sold subject to redemption at the lowest rate of interest but in no case can they exceed 18% per year, according to the notice.
Payment must be made in cash, money order, certified check or bank check prior to the end of the sale. Wire transfer of funds will only be accepted if pre-approved.
The township is not allowed to issue a tax sale certificate to anyone is who related or connected to the prior owner or operator in any way.
The notice asks that in the event the property owner is on active duty, the tax collector should be notified immediately.
JosephGhabourLaw
12:01 pm on Wednesday, October 3, 2012
Tax liens can be a great investment, but do your research first. You're not automatically going to get the property if the lien isn't paid.
If you do get possession of the property, it will be "as is." With New Jersey having complex regulatory issues, such as oil tank regulations, be careful of what "being lucky" and gaining title could mean. Good luck at the sale!
NJGirl - Aberdeen
11:09 am on Thursday, October 4, 2012
do they sell them for what is owed to the town? They mention "The listed properties, which are attached to this article, will be sold subject to redemption at the lowest rate of interest but in no case can they exceed 18% per year, according to the notice." So does that mean they sell them a current value or for the unpaid monies owed with interest?