|Primary Sale Type:||Tax Deed|
|Secondary Type(s):||Upset, Judicial, Repository, OTC|
|Sale Date(s):||Varies: set by taxing jurisdiction
|Bid Type:||Premium Bidding|
|Rate of Return:||NA|
|Statute Section(s):||Title 72, Taxation and Fiscal Affairs|
The two most populous areas in Pennsylvania are Philadelphia (1,526,000+) and Allegheny (1,223,000+) County.
Pennsylvania is classified as a Tax Deed state. There are multiple offerings of tax delinquent properties throughout the year with the conditions of the sale changing depending on which offering it is; Upset, Judicial, Repository, and Private sales beig allowed any time after a property is initially exposed at the Upset sale. Either the local tax collector or sheriff are designated commissioner of tax sales in Pennsylvania depending on local resources and preferences.
Auction Process / Redemption:
The 'Upset' sales are usually held in September and are not considered free and clear of any mortgages or liens. Next are 'Judicial' sales which are typically held in November. These sales are free and clear, with the exception of some state and federally issued liens. Any parcels still not bid on at the two previously scheduled sale are given 'Repository' status, allowing 'Sealed Bids' to be submitted for approval by the local Tax Bureu. These sales may either be scheduled or available OTC depending on local preferences. Repository properties, normally available after January, are usually cleared of all prior liens and encumberances. 'Private' sales may be available any time after a parcel is initially exposed at the scheduled Upset sale, but are usually still subject to all prior liens and mortgages.
|Resource||Description||Instructions and Additional Information|
|Linebarger Goggan Blair & Sampson, LLP, Attorneys at Law||Firm that handles sales in Philadelphia.||NA|