An online auction of 300 tax-forfeited properties in Rankin County valued at just under $500,000 is now open.
“Returning tax-forfeited parcels to the tax rolls brings dormant properties back into productive use, and all proceeds from the auction are returned to the county, cities, and schools,” said Secretary of State Delbert Hosemann, who launched online auctions in July 2016.
Bids may be submitted through the Secretary of State’s online auction portal until 11:59 p.m. CST on Wednesday, July 24. To place a bid, a user is required to register online. Users may view property details such as parcel location and an auction map. Other information, such as auction dates, bid notices, and market values of the property are also available online. Successful bidders will be notified by e-mail as soon as possible once bids are placed, and payment of the bid amount must be paid within 5 to 7 days of notification.
Buyers will also be permitted to pay a “Buy It Now” price on any parcel, which allows them to purchase a property immediately instead of waiting until the end of the auction.
In recent years, successful auctions in Bay St. Louis, Bolivar County, Greenville, Greenwood, Hinds County, Jackson, Jones County, Madison County, McComb, Meridian, Pearl River County, Waveland, Yazoo City, and many other communities, have raised hundreds of thousands of dollars for Mississippi schools, municipalities, and counties.
To learn more about tax-forfeited properties, visit the Secretary of State’s website or call the Public Lands Division at (601) 359-5156.
