SuperTalk Mississippi

Tax-forfeited property auction open

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An online auction of 161 tax-forfeited properties in Bolivar County valued at more than $727,000­ is now open.  Parcels for sale are located throughout the county, with the majority in Boyle, Cleveland, Mound Bayou, and Shaw.

“Online auctions are a great way to help a community because properties sold return to the tax rolls, benefiting counties, cities, and schools,” said Secretary Hosemann, who launched online auctions in July 2016.  “Auctions are also a great deal for buyers who receive valuable property at a fraction of market price.”

Bids may be submitted through the Secretary of State’s online auction portal until 11:59 p.m. CST on Wednesday, March 20.  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, Greenville, Greenwood, Hinds County, Jackson, Jones County, Madison County McComb, Meridian, Pearl River County, Rankin County, Waveland, Vicksburg, and Yazoo City have raised hundreds of thousands of dollars for Mississippi schools, municipalities, and counties.

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