You are able to obtain a bidder number by registering at www.zeusauction.com. There is a pre-auction deposit fee of $100.
The registration requires different forms depending on whether you are bidding as an individual or a company. Note: it is very important that you read the registration instructions on zeusauction.com. If the required information is not submitted, the county tax sale department will reject your application and you will not have a chance to correct it.
Sold properties may be redeemed at any time within one year after the date of the sale. If a property is redeemed, the tax sale lien buyer receives:
After the expiration of the redemption period (one year) but not later than three months after the expiration of the period of redemption, the lien buyer or its assignee may file a verified petition with the court having jurisdiction over the tax sale for an order directing the County Auditor to issue a tax deed to the lien buyer.
In addition to the filing of the petition, lien buyers are required to send notice of the petition to the same parties.
Bidders are strongly encouraged to exercise due diligence in researching properties and obtaining the advice of legal counsel prior to purchasing tax liens in a county tax sale. Click here to get legal counsel for purchasing tax liens in Lake county.