|Sale Type:||Redeemable Deeds|
|Interest Rate:||15% Penalty|
|Bid Method:||Premium bid|
|Redemption Period:||60 Days|
|Sale Date(s):||Year Round (Varies per county)|
|Statute Section(s):||DE Code – Title 9, CH 87|
Rate of Return:
Delaware has a 15% interest rate of return.
Delaware uses the “Premium Bid” Method. The counties bid will include the back taxes, penalties, interest, and any administrative costs. The deed will be bid up in price until a high bid has been established. The investor with the highest bid receives the deed to the property.
The redemption period in Delaware is 60 days from the time of the sale. If the property owners chooses to redeem the property, he must pay back the full amount of the bid plus the rate of return at 15%.
The state statutes in Delaware allow the counties more than one way to handle their tax sales. In some counties you will see a 20% interest and a one year redemption, and other will be the way you see above with a 15% interest and 60 day redemption. After the sale the county attorney has to approach the Supreme Court and petition for completion of the sale. The faster the owner pays the delinquent taxes, the greater the return of the investor.
Sussex County Treasury Division The Circle, P.O. Box 429, Georgetown, DE 19947 Phone: 302-855-7760 Fax: 302-854-5078
|Resource||Description||Instructions and Additional Information|
|Tax Information||At this site, you can “Search for Tax Info”
using a “Name Search” or a “Map Search”
AVAILABLE TAX SALE LISTS
Don’t see tax lists here? You need to become a Command Center Member to get all the Tax Sale Lists you want! Click Here to find out more.
Delaware County Resource Directory
Everything you want to know that about Delaware Tax Line Certificates is a click away. In this table below, you can click on County for links to the County websites, click Census for U.S Census bureau information, see county auction types, population, and click the map image a detailed county map.
|Kent County||001||Tax Lien||162,310|
|New Castle County||003||Tax Lien||538,479|
|Sussex County||005||Tax Lien||197,145|
Reference Site Source: http://en.wikipedia.org/wiki/List_of_counties_in_Delaware