|Primary Sale Type:||Tax Deed|
|Sale Date(s):||Varies: Set by taxing jurisdiction|
|Bid Type:||Varies: Set by taxing jurisdiction|
|Rate of Return:||NA|
|Statute Section(s):||AK Statutes - Title 29, CH 45, Artical 2|
The two most populous areas in Alaska are the Municipality of Anchorage (260,000+) and Fairbanks North Star Borough (82,000+.)
Alaska is classified as a Tax Deed state which has boroughs rather than counties. Every year the tax collector will issue tax lien certificates on delinquent properties and send them directly to the county for filing. One year from the time the tax lien was originally issued, a tax sale will be eligible. The borough then may sell the property in accordance with the procedures set by the individual municipalities. A list of properties available for the upcoming auction will be listed in the local newspaper prior to the sale. The tax sale may be referred to as the tax deed sale, land sale, or tax foreclosure sale, depending on the borough or city municipalities.
Auction Process / Redemption: