Wednesday, August 20, 2014

Judicial Sale Announcement from Salus

from the inbox:

Montgomery County Treasurer Jason Salus, who also serves as the County’s Director of Tax Claim, today invited qualified bidders to participate in the upcoming Judicial Real Estate Tax Sale. 

“Properties offered “free and clear” at Judicial Sale often represent attractive investment
opportunities for prospective buyers,” said Salus. According to Salus, the term “free and clear” refers to the divestment of all liens from Judicial Sale properties that occurs at the time of sale.

“While the sale of these properties will accomplish our short-term goal of returning them to the tax rolls and generating much needed revenue for our County, local school districts and municipalities, it will also encourage economic growth in the long-term by stimulating
Montgomery County’s real estate market through redevelopment,” said Salus. 

The sale is scheduled for Thursday, August 28th at 10:00 AM in Courtroom A of the
Montgomery County Courthouse (2 E. Airy Street, Norristown PA). Prospective bidders must register prior to the sale.

A complete list of properties available in this Sale as well as the Sale guidelines and registration information can be found by visiting the Montgomery County Tax Claim Bureau website. Please note that this list is updated daily and may change up to the day of Sale. At press time, twenty properties were scheduled to be offered at Sale including Joshua Hill, a property stretching over ten acres in Whitemarsh Township. 

Furthermore, it is recommended to consult with an Attorney or Abstractor prior to bidding. All properties are sold “as is” without warranty or guarantee as to condition of title.

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