Pierce County, WA Treasurer Tax Foreclosed Properties Auction (2023)

Create a Bid4Assets account which is required to participate in any county tax sale. The process is quick, free, and easy.

Already have an account? Proceed to Deposit Instructions

Pierce County, WA Treasurer Tax Foreclosed Properties Auction (1)

Please select the orange “Click Here for Deposit Instructions” link above to submit your deposit. Please review the following additional information on deposits.

  1. Only one deposit is required to bid on every property available in this tax sale.
  2. Please reference the deposit ID listed in the instructions, rather than the ID of any individual auction. The deposit ID listed in the instructions is unique to this tax sale. Regardless of which auctions you plan to bid on, please use the deposit ID in the instructions.
  3. Only certified check/money order or wire transfer are accepted. ACH, direct deposit, credit card, or money transfers will be rejected. Please do NOT deposit funds directly into Bid4Assets’ escrow account.
  4. There is no limit to the amount you can bid; the bid deposit does not cap your bidding; it is simply a requirement to participate. Please do NOT send more money than the amount required deposit, or your deposit may be rejected.
  5. Federal regulations require first-time bidders to complete a USA Patriot Act registration, which will be automatically generated when clicking for deposit instructions. ALL US citizens must complete this page. All non-US citizens must contact customer service for assistance.
  6. Please allow up to 48 business hours to acknowledge receipt of your deposit. You will be notified by email and in your message center when you are cleared to bid. Please note, certified checks/money orders may take an additional business day to process.
  7. For deposits received after the deadline, no guarantees can be made for participation. Bid4Assets’ deposit services team works diligently to clear deposits as quickly as possible, even late ones.

(Video) Foreclosure auction in Pierce County, Washington

Bid4Assets urges all bidders to examine the title, location and desirability of all properties available in this sale to their own satisfaction prior to bidding.

If you are unable to discern desired information about a property through independent research, you are encouraged to contact the County in which the property is located. This information can be found in the “Contact Information” section.

Below you will find a video guide hosted by Bid4Assets CEO providing tips and highlighting best practices for researching tax sale properties prior to bidding for your convenience.

You will find an additional video below demonstrating useful navigation tips for this landing page which can help you prepare for the sale prior to bidding.

When you are ready to bid click “Place Bid” on the auction page.

place bid

Enter your bid amount in the Bid Amount box and be sure to agree to all auction terms. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure.A more comprehensive, step-by- step guide to bidding is available by clicking here.

Additional Bid information

What is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will take priority.

Examples of Auto Bid:

  • 1.If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200. Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount.
  • 2.If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000. The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed.
  • 3.If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $21,000, your bid will automatically be placed at the Reserve Price of $20,000. If another bidder jumps in, your bid will automatically increase until you meet your $21,000 maximum bid.

What is Overtime?
Overtime is the extension of an auction’s close time that keeps the auction open as long as there is active bidding on it. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment (typically five minutes) has passed without any bidding. The overtime increment for an auction will be indicated on the auction listing.

How can I Monitor My Auctions?
When participating in multiple auctions at once, it is advisable to only actively bid on one property at a time. You can find a list of properties that you have bid on in the “my bid list” tab of your profile. You will also receive confirmations of your placed bids as well as notifications of being out bid in your message center.

Can I bid on Withdrawn or Postponed Auctions?
No. Auctions must be live in order for you to able to place a bid. If a property is withdrawn or postponed by a county for any reason, it is no longer open for bidding. Please note, Bid4Assets does not have knowledge of why a property is withdrawn or postponed.

(Video) Tax lien investing, what they aren't telling you

(Video) Bid4Assets.com - Pierce County WA - "Live" Online Auction - How to Bid & Research -

At the close of an auction, the highest bidder will be deemed the winner. After all the auctions in the county have closed, winning bidders will be notified in their message center if they have won any auctions. They will also receive details on auction settlement requirements. The winning bidder will see each of the parcels that they won listed as a link to DeedWizard.

DeedWizard allows bidders to provide vesting information quickly and easily for any property they have won and access settlement instructions. Any bidder that does not win a parcel or does not participate in the auction after submitting a deposit will receive a refund.

Winning Bidders

  • Winning bidders will be notified in their message center after every auction in the tax sale has closed. A DeedWizard link is provided for quick and easy transfer of vesting information.
  • Please review the county terms of sale for the payment deadline and make sure you have enough funds on hand to complete the sale within the deadline cited prior to bidding.
  • When making a settlement payment, please reference the auction IDs for the specific parcels you won.
  • Your deed will be transferred by the county within the timeframe specified in the county’s terms of service. Generally, this can be anywhere from three weeks to three months. For questions relating to the timeline on recording the deed, please contact the county.

All Other Participants

  • Any bidder who does not win one or more parcels after submitting a deposit will receive a notification after all auctions have closed informing them were an unsuccessful bidder.
  • Deposits for unsuccessful bidders will be refunded automatically with no need for request.
  • Refund checks will be sent via eCheck shortly after the close of the auction. Bidders will be notified via an additional email when their eCheck refund has been sent.
  • Refund eChecks will be sent to the email address associated with a bidder’s profile on Bid4Assets and made out to the name associated with that bidder’s Bid4Assets account. Please ensure this information is up to date before submitting a deposit.

For questions about the auction and the bidding process, please contact [emailprotected]

Additional county information can be obtained at the Pierce County Assessor-Treasurer website

(Video) Tax Deed Auction Part 1: When, Where and How to Find Deals at a Tax Deed Sale

For questions about the assets and information that is not listed in the auction, please contact the county at [emailprotected]

Research and Inspect Thoroughly Before You Bid
Prospective purchasers are urged to examine the title, location and desirability of the properties available to their own satisfaction prior to the sale.

Properties are sold "AS IS"
The sale of these properties should not, in any way, be equated to real estate sales by licensed salespeople, brokers or realtors. The County of Pierce makes no guarantee, expressed or implied, relative to the title, location or condition of the properties for sale. Property taxes currently due will be paid from the proceeds of the sale.

Important Disclaimer
The County of Pierce is not liable for the failure of any device that is not owned, operated, and managed by the state or county, that prevents a person from participating in any sale. “Device” includes, but is not limited to, computer hardware, a computer network, a computer software application, and a computer Web site. The County of Pierce assumes no liability for any other possible liens, encumbrances or easements, recorded or not recorded.

Please Note
Prospective purchasers are advised that some bonds or other assessments which are levied by agencies or offices other than the treasurer-tax collector may still be outstanding after the tax sale; in addition, the I.R.S. has the option of redeeming, up until 120 days after the sale, any property on which there is an I.R.S. lien recorded.

You must be at leaset 18 years old to bid
ALL SALES ARE FINAL!

FAQs

Can someone take your property by paying the taxes in Washington state? ›

No. Washington State is not a tax lien state. You cannot pay someone's taxes and file a lien against property. You cannot purchase property in Foreclosure from Snohomish County before the sale.

Can you buy tax liens in Washington state? ›

Can I purchase a tax lien certificate? Washington State is NOT a tax lien state. We don't sell the lien; we auction the parcel.

How do I find local foreclosure auctions? ›

Finding foreclosure auctions near you

You can search for judicial auctions in city or county public records. An internet search for your city or county name along with the words “public records,” “foreclosure,” or “foreclosure auction” is likely to turn up results that lead you to the appropriate information.

Is Washington a tax lien or tax deed state? ›

Washington State is not a tax lien state. We are a tax deed state. How does tax foreclosure work in the State of Washington? The County Treasurer is required by state law to start a tax foreclosure on any real property which has a tax payment due that is three or more years delinquent.

How do I find tax delinquent properties in my area? ›

The process is very simple:
  1. Ask your county treasurer for the tax delinquent list.
  2. Determine the cost – could be free, or up to $500.
  3. Mail a check to the treasurer's office with a letter of instruction.
  4. Receive the list in the method you choose (email, mail, CD-ROM, etc.)
4 Apr 2022

At what age do you stop paying property taxes in Washington state? ›

At least 61 years of age or older.

How do tax liens work in Washington state? ›

If a tax warrant is not paid ten days after the issue date, it is filed with the county Superior Court. A filed tax warrant establishes a lien against real and personal property and enables the Department to seize property (bank accounts, wages, personal property) to pay the debt.

Do property liens expire in Washington state? ›

How long does a judgment lien last in Washington? A judgment lien in Washington will remain attached to the debtor's property (even if the property changes hands) for ten years.

How do I check for liens in Washington state? ›

An individual can research liens filed in Washington by visiting the recording department of the county auditor's office. Each department maintains the public records of its county, including records of liens. Interested individuals can use public computers at the relevant office to search and view liens.

How do I get a free list of foreclosures in my area? ›

Foreclosure Listings – Free Sites
  1. Equator.com. ...
  2. HomePath.com. ...
  3. HomeSteps.com. ...
  4. Zillow Foreclosure Center. ...
  5. Realtor.com Foreclosures. ...
  6. Bank of America-owned properties and foreclosures. ...
  7. RealtyTrac. ...
  8. Foreclosure.com.
5 Oct 2022

What are the risks of buying a house at auction? ›

There are three main risks you face from the auction process itself: Unknowns surrounding auction terms and fees. The risk of losing legal and survey costs. The risk of overpaying.

Where do repossessed houses get sold? ›

Auction houses

If a bank can't offload a property through an estate agent, often it'll go to auction for a quick sale (sometimes they don't even bother with an agent). Several auction houses and agents auction off repossessions, including Allsop, Barnard Marcus and Savills.

What is the best state to buy tax lien certificates? ›

NOTES: The Balance, an online magazine for investors, said if you do it right, Florida is a great state for tax lien investing. “For example, Florida's maximum interest rate is set at 18% while Arizona's maximum rate tops out at 16%.

Who pays property transfer tax in Washington? ›

The seller of the property typically pays the real estate excise tax, although the buyer is liable for the tax if it is not paid. Unpaid tax can become a lien on the transferred property. REET also applies to transfers of controlling interest (50% or more) in entities that own real property in the state.

Is a tax deed the same as a tax covenant? ›

Although there are technical differences between the terms 'tax deeds', 'tax indemnities' and 'tax covenants' they are all commonly used to describe the same thing – the document or provisions that are used to allocate tax risk on the sale and purchase of a company.

Is tax lien investing a good idea? ›

Property tax liens can be a viable investment alternative for experienced investors familiar with the real estate market. Those who know what they are doing and take the time to research the properties upon which they buy liens can generate substantial profits over time.

Can you buy a house when you owe back taxes? ›

If you owe the IRS can you buy a house? You can as long as you have an IRS payment plan in place. Taxpayers can get loan approval for homes if the IRS payment plan and monthly obligations do not exceed exceed 45% of your income to buy a house.

What is tax delinquent in real estate? ›

Penalty for delinquency : Failure to pay the real property tax during the period of payment without penalty to the quarterly installment thereof shall subject the taxpayer to the payment of interest at the rate of (2%) per month on the unpaid amount or a fraction thereof.

Do you have to pay income tax after age 80? ›

For 2022, people over 65, single, and who have more than $14,250 in income outside of their social security income will need to file a tax return. Seniors who are married will need to file if their non-social security income is over $28,700.

Is Washington tax friendly for retirees? ›

It's easy to see why Washington is such a popular state for retirees, with its beautiful views, outdoor recreation, mild weather, and the fact that it doesn't have a state income tax.

Are senior citizens tax exempt? ›

A senior citizen whose annual taxable income does not exceed the poverty level as determined by NSCB shall be exempted from payment of individual income tax.

How long is a lien valid in Washington? ›

In Washington, a mechanics lien is effective for 8 months after its filing, and an action to enforce must be initiated within that period of time. If this 8-month timeline passes without an action being filed to enforce the lien, the lien expires.

How do I get rid of a lien in Washington state? ›

The process in Washington state is rather simple. The “lien release” direction is provided by state, in R.C.W. § 60.04.
...
Need to cancel your mechanics lien?
  1. The recorded lien's identifying information;
  2. A statement that the lien is requested to be released; and.
  3. The statement must be notarized.
28 Oct 2019

How long do you have to file a lien in Washington state? ›

When can a lien be filed against you? A lien against a consumer must be filed within 90 days of work stoppage, or delivery of materials. Additional information regarding the timeline for filing liens may be found in RCW 60.04. 091.

How many times can a Judgement be renewed in Washington state? ›

Civil judgments have a life span provided by state law. In Washington, a judgment lasts for 10 years and can be renewed at the end of that period. Therefore once you have a judgment entered against you it can last a long time and incur a large amount of interest.

How long must real estate records be kept in Washington? ›

You must keep required records and make them available for inspection by the department for a minimum of six years from completion of a transaction.

Who can put a lien on a property? ›

According to the Daily Herald, the only people who can place a lien on your home are those who have done work or otherwise contributed to the value of your home. For example, contractors and suppliers could place a lien if you do not pay them. Other creditors, though, usually cannot put a lien on your property.

How do you find out who owns a property in Washington state? ›

City Hall is a fantastic place to search as well. In fact, not only can you look up property owners, but you can also discover the history of a property, too.
...
Check the County Assessor's Office
  1. Land registrar.
  2. Property records.
  3. Tax assessor.
25 Feb 2022

How much is a title search in Washington state? ›

On average, title search fees run between $75 to $100. Kenmore notes that the title search is typically rolled into the title insurance fee due at closing. Tax liens or other judgments against the seller: As the seller, you must settle any judgments or liens to clear the title before transferring it to the buyer.

Is Forclosure com legit? ›

The long and short of it is that, yes, Foreclosure.com is a real website and it's 100% legitimate. It has an average 3-star rating on Trustpilot and has an A+ rating from the Better Business Bureau. Foreclosure.com is legit, although it could have a higher review rating.

Are foreclosure homes cheaper? ›

Lower prices: One undeniable benefit is that foreclosed homes almost always cost less than other homes in the area or they are listed below market value. This is because they're priced by the lender, who wants the home off of their books.

What are HUD homes? ›

HUD Homes (REO) A HUD home is a 1- to 4-unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.

Are Property Auctions cash only? ›

Or are property auctions cash buyers only? You don't need to be a cash buyer to purchase a property at auction. You can use specialist auction finance, or a bridging loan instead. You can even get a normal mortgage on an auction property, however this comes with certain risks you need to be aware of heading in.

Do you need the full amount to buy a house at auction? ›

Yes, you can find a bargain property at auction, but you will need to stump up your 10% deposit and the administration fee on the spot if the hammer falls on your bid. You'll then need to pay the remaining balance within 28 days, so having adequate funds (or proof that you can get the money required) is essential.

Why are auction houses so cheap? ›

“Owner-occupants on a budget and real estate professionals migrate to sources where there is less competition,” he says. “Naturally, auction properties generate fewer offers, resulting in a lower sale price. However, foreclosure auctions don't provide the discounts that existed during the time of the [housing] crisis.”

Will there be house repossessions 2022? ›

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties. T he number of homes being repossessed jumped in the third quarter of this year, according to figures from a trade association.

Is buying a repossessed house a good idea? ›

It is possible to pick up real bargain property by buying repossessed houses. As creditors are focused on regaining monies owed, repossessed houses often come with low purchase prices. In many cases, these sales are also made urgently – another factor acting in favour of the buyer when it comes to purchase price.

How do you buy a house that has been repossessed? ›

There are two different avenues to choose from when it comes to buying a repossessed property: via an estate agent or at an auction. Lenders use both of these methods in order to sell these properties as quickly as possible.

Which tax lien has the highest priority? ›

A first lien has a higher priority than other liens and gets first crack at the sale proceeds. If any sale proceeds are left after the first lien is paid in full, the excess proceeds go to the second lien—like a second-mortgage lender or judgment creditor—until that lien is paid off, and so on.

Is a tax lien a big deal? ›

Tax liens are serious. If you have a lien on your home or property, you probably haven't paid all your federal or state income taxes. Liens don't lead to property seizure right away, but they're only one step away from levies—and levies mean business.

Can you gift a house in Washington state? ›

Washington Gift Deed Information. A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends.

Who is exempt from paying property taxes Washington state? ›

At least 61 years of age or older. Retired from regular gainful employment due to a disability. Veteran of the armed forces of the United States receiving compensation from the United States Department of Veterans Affairs at one of the following: Combined service-connected evaluation rating of 80% or higher.

How much does it cost to transfer a house title in Washington state? ›

How much are transfer taxes in Washington? The REET in Washington State is: 1.1% on homes less than $500,000. 1.28% on homes between $500,000 and $1,500,000.

Is it OK to buy land with tax declaration only? ›

CAN I PURCHASE A PROPERTY WITH THE SELLERS POSSESSING ONLY A TAX DECLARATION? The answer is yes, you can, but it is VERY RISKY. The risks may include: Buying the property from someone who isn't legally entitled to the property; and.

What is the purpose of a tax covenant? ›

A tax covenant allocates responsibility for tax liabilities arising in the target company or group by making the seller liable (subject to exclusions) for those tax liabilities occurring (or treated as occurring) on or prior to a specified date, with the buyer responsible for the period following that date.

What is the tax paid on property you own called? ›

Most commonly, property tax is a real estate ad-valorem tax, which can be considered a regressive tax. It is calculated by a local government where the property is located and paid by the owner of the property. The tax is usually based on the value of the owned property, including land.

Can the tax man take your house? ›

The simple answer to this common question is, no – so please be assured. They can only take property owned by the company – no hired or rented means, nor property under your own name. If your company fails to pay its debts with HMRC, they will perform enforcement actions, to get the money they are owed.

Can the IRS take your personal property? ›

The answer to this question is yes. The IRS can seize some of your property, including your house if you owe back taxes and are not complying with any payment plan you may have entered. This is known as a tax levy or tax garnishment. Typically, the IRS will start by garnishing your wages, salary, or commission.

What happens if you don't pay your property taxes in Washington state? ›

What happens if your account becomes delinquent? Penalties and interest begin to accrue on the unpaid tax until the entire balance is paid in full. If you don't respond to letters or notices and your account continues to be delinquent, it is assigned to a Revenue Agent for collection.

What is a tax warrant in Washington state? ›

A tax warrant is a document that the department uses to establish the debt of a taxpayer. When a tax warrant is filed with the Superior Court in the county where the taxpayer owns real or personal property, a lien is created.

How long can the tax man chase me? ›

HMRC will investigate in detail and retrospectively based on the case and how serious it is. If they suspect deliberate tax evasion, they can investigate as far as 20 years. Investigations into careless tax returns can go back 6 years and investigations into innocent errors can go backup up to 4 years.

How many years can the taxman go back? ›

In normal cases, the HMRC tax investigation time limit is 4 years, in which they can go back to claim money from taxpayers. If someone has been visibly careless (submitting tax returns with mistakes), HMRC can journey back 6 years.

How many years can income tax go back? ›

The amended law allows the department to go back 11 years (i.e. 10 years from the end of the assessment year in which the notice is received) if total income that has escaped tax is suspected to be more than Rs 50 lakh; it's four years if escaped income is below Rs 50 lakh.

What assets Cannot be seized by IRS? ›

Unfortunately, the IRS can seize your assets if you do not pay your taxes. There are only a few types of assets that cannot be seized. The IRS cannot seize real property, and your car cannot be seized if used to get to and from work. You also cannot seize the money you need for basic living expenses.

What accounts can the IRS not touch? ›

Insurance proceeds and dividends paid either to veterans or to their beneficiaries. Interest on insurance dividends left on deposit with the Veterans Administration. Benefits under a dependent-care assistance program.

How does IRS know you sold property? ›

Typically, when a taxpayer sells a house (or any other piece of real property), the title company handling the closing generates a Form 1099 setting forth the sales price received for the house. The 1099 is transmitted to the IRS.

Do seniors have to pay property taxes in Washington State? ›

If you are a senior citizen or a person with disabilities with your residence in Washington State you may qualify for a property tax reduction under the property tax exemption for senior citizens and people with disabilities program.

What is the homestead exemption in Washington State? ›

As of 2022, under the federal exemption the homestead exemption for someone's primary residence is $27,900 in equity if filing alone and $55,800 in equity if filing married together.

Do 100 disabled veterans pay property taxes in Washington? ›

Washington Veteran Financial Benefits

Disabled Veteran Property Tax Exemption: Veterans with a 100% disability rating and an income of less than $40,000 (not including VA disability payment) may be exempt from paying property tax on their home. Surviving spouses may also qualify.

How long do warrants stay active in Washington State? ›

A Bench Warrant or Secretary's Warrant will remain active on the CCO's caseload for 60 days from the date of issuance, after which the file will be transferred to a warrant caseload per DOC 280.530 Supervision Files.

Does a tax warrant hurt your credit? ›

No. Since the three major credit bureaus no longer include tax liens on your credit reports, a tax lien is no longer able to affect your credit.

How long is a warrant active in Washington State? ›

Warrants in Washington generally stay active until the expiration date set by the court. Usually, most warrants are executable within a certain period. If the warrant is not served, it ceases to be active after seven years from the date of issuance.

Videos

1. Assessor-Treasurer helps make sense of your property tax bill
(Pierce County Television)
2. Inside Washington Tax Deed Sales
(Dustin Hahn)
3. Scott Jelinek Takes You Along For A Live Foreclosure Auction
(ScottJelinek)
4. How to Pay for a property at a Foreclosure Auction
(therealharley)
5. Due Diligence: A Guide to Researching Tax Sale Properties with Bid4Assets' CEO
(bid4assets)
6. Tax foreclosure sale WA 01
(mwgeoguy)
Top Articles
Latest Posts
Article information

Author: Clemencia Bogisich Ret

Last Updated: 12/03/2022

Views: 6168

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Clemencia Bogisich Ret

Birthday: 2001-07-17

Address: Suite 794 53887 Geri Spring, West Cristentown, KY 54855

Phone: +5934435460663

Job: Central Hospitality Director

Hobby: Yoga, Electronics, Rafting, Lockpicking, Inline skating, Puzzles, scrapbook

Introduction: My name is Clemencia Bogisich Ret, I am a super, outstanding, graceful, friendly, vast, comfortable, agreeable person who loves writing and wants to share my knowledge and understanding with you.