Auction Terms & Conditions Anderson County Tax Sale Procedures, Terms and Conditions Below are procedures, terms and condition of sale for the Anderson County Delinquent Tax Sale office and are used for the sale at public auction for real estate and mobile homes in order to collect delinquent taxes. We highly recommend that if you do not fully understand any of these procedures, terms and condition of sale that you should seek legal advice prior to registering and/or bidding. _________________________________________________________ The 2017 Delinquent Tax Sale will be held at the City of Anderson Recreation 1107 North Murray Ave., Anderson, S.C. 29621. You must register in order to bid and there is no registration fee. Registration begins at 8:30 a.m. on the day of sale at the location or online through the Saturday before the sale day. Bidder packages require State issued ID or License information. The sale is conducted in an open auction format. The highest bidder wins, and all bids must be paid in cash or certified funds before the close of business. (You must pay what you bid.) Properties offered in the sale are sold subject and pursuant to South Carolina State Law, which states, if taxes are not paid on or before the last day of the calendar year (December 31), then a lien attaches to the property at the beginning of the calendar year (January 1). The Delinquent Tax Collector must take possession of the delinquent property, and then may sell such property in order to satisfy the outstanding delinquent liability. There is an initial notice, called an Execution Notice, mailed in April to notify the delinquent taxpayer of their delinquent taxes due. No less than thirty days (30) days after that initial notice is mailed, a secondary certified notice is mailed to the defaulting taxpayer. A sign may be placed on the property that serves as an additional notification, and the property and defaulting owner(s) of record will be advertised in a local newspaper of general circulation before the property is sold. You bid at your own risk! We are collecting taxes and you receive interest on your bid. During the redemption period, successful bidders have no ownership rights to the property and have no right to enter the premises or contact the owner. Redemption is handled through the Anderson County Tax Collectors office and ownership rights are transferred only if the property is not redeemed and a tax title is issued and recorded. Anderson County makes no warranty and no representation whatsoever, including but not limited to, the value of the property, the size, shape, boundaries, location or physical characteristics, the number or condition of any buildings or improvements, or the quality of the title to the property. Therefore, Anderson County strongly urges bidders to research all property and obtain legal advice prior to placing bids. This is an open bid, and bidders must use their numbered bidder cards in order to place bids. The Delinquent Tax Collector will present the opening bid, which is made on behalf of the Forfeit Land Commission, and which will consist of all delinquent taxes, penalties, and costs plus the current year's taxes. The Tax Collector will announce the properties for sale in alphabetical order as they appeared in the newspaper ads and will provide the property ID number the owner's name and amount due. All sales are final, with no exceptions. Terms of sale are cash, cashier's check or certified funds. All bids must be paid by 5:00 p.m. on the day of sale and may be subject to a $300 fine per bid for failure to pay. On all sales, the defaulting taxpayer, any grantee from the owner, or any mortgage, or judgment creditor may within 12 months from the date of sale, redeem property by paying taxes, penalties, cost and interest as provided below. Interest is due on the whole amount of sale based on the month during the redemption period the property is redeemed. " First 3 months 3% of bid amount " Months 4, 5 & 6 6% of bid amount " Months 7, 8 & 9 9% of bid amount " Last 3 months 12% of bid amount However, every redemption amount of interest due must not exceed the amount of bid on the property submitted on behalf of the Forfeited Land Commission, pursuant to SC Code of Laws Section 12-51-55. In addition to the cost to redeem a mobile home the defaulting taxpayer or lien holder must pay rent to the purchaser at the time of redemption, an amount not to exceed one-twelfth of the taxes for the last completed property tax year exclusive of penalties, cost and interest for each month between the sale and redemption. However, the monthly rental, when calculated, must not be less than ten dollars. Successful bidder must return the bidder receipt in order to receive the bid plus interest on the redeemed property. Upon failure of the defaulting taxpayer, a grantee from the owner, a mortgagee, a judgment creditor, or a lessee of the property to redeem realty within the time period allowed for redemption, the Tax Collector, within 30 days or as soon after that as possible, shall make a tax title to the purchaser or the purchaser's assignee. The purchaser or assignee is responsible to pay necessary cost of recording and documentary stamps to the Tax Collector prior to the deed being recorded by the RMC. Recording fees, deed preparation and documentary stamps will be collected the day of the tax sale. These fees will be refunded at redemption without interest. South Carolina law provides that the Tax Collector may cancel any sale when an error is discovered due to an action required to be performed, at which time the bidder will be refunded the bid amount, plus actual interest earned by the county on the amount to be refunded. ________________________________________________________ I understand that the tax sale is for the collection of property taxes. That I will receive interest on the monies bid in accordance with State Statue and should any party that holds a legal interest in the property not pay the taxes including all interest and penalties within the provided time Anderson County Delinquent Tax Office will issue a tax deed to the property. Only then upon receipt of this document can I exercise any ownership in the property. I hereby agree to these terms and conditions of sale. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms