Todd County to Hold First-Ever Online Tax Sale via Bid4Assets.com
Liquidity Services, Inc. (LQDT)
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Source: GlobeNewswire
LONG PRAIRIE, Minn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Bid4Assets, the leading online marketplace for distressed real estate auctions, has been selected by the Todd County, Minnesota Auditor/Treasurer’s office to host its first-ever virtual tax forfeited properties sale. The sale currently consists of 17 properties with varying minimum bids and no reserve prices, meaning that the property will sell to the high bidder regardless of price. Bidding opens Monday, December 16 and closes Wednesday, January 15. By moving the sale online, Todd County is exposing the sale to a wider pool of buyers, increasing the likelihood the properties will be returned to the tax rolls. Funds generated from the sale support essential county services, which can face shortfalls when taxes go unpaid. “In addition to making these auctions more accessible to local buyers by going online, with the transition freeing up staff time, we are also increasing our availability to taxpayers,” said Todd County Audito
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