Howard County has made a change for the 2011 tax sale. Traditionally their sale has been a live auction. This year it will be held online at the Howard County Tax Sale Website.
The date is May 4, 2011. Registration is open now and must be done before 4:30 EDT April 25, 2011. To register prospective bidders must provide the county a $1,000 deposit via ACH debit of their bank account.
The interest rate for 2011 is nominally 18%. Howard County uses the high bid premium method of bidding which can dramatically change your effective return.
Happy bidding
Ned
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3 responses so far ↓
1 Greg // Apr 19, 2011 at 2:27 am
It looks like there are 7 counties in MD served by that provider (tax lien bids dot com)
2 Greg // Apr 19, 2011 at 2:28 am
Link to the MD online auctions from that provider:
http://www.tlcol.com/tlcol/tlcolhome.nsf/TaxSalesByState?OpenView&RestrictToCategory=Maryland
3 Ned // Apr 20, 2011 at 12:56 am
Greg, Yes they do a lot of online tax sales. They used to do the Baltimore City Tax Sale However they changed vendors.