{"live_reload":null,"modal":1,"overlayFooter":"","overlayTitle":"FAQ","javascript":["\n var realSubmit = true;\n function submit_my_form(f,sub,delay)\n {\n if (!f) f = document.my_form;\n\n if (sub && sub.match(/results/))\n f.action = \"/results\";\n\n\t\t\tif (!delay) delay = '5000';\n if ((new Date()).getTime() - f.last_submit_attempt.value > delay)\n {\n f.last_submit_attempt.value = (new Date()).getTime();\n realSubmit = false; // Distinguish real submissions\n if (!f.onsubmit) { // variable name\n f.submit();\n }\n else if (f.onsubmit()) { // function call (handler returns false to cancel)\n f.submit();\n }\n\t\t\t\treturn 1;\n }\n\t\t\telse\n\t\t\t{\n\t\t\t\treturn 0;\n\t\t\t}\n }\n "],"overlayBody":"\n
\n \n \n \n\n \n\n\n\n\n\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\n\n \nBidCharlotteCounty Frequently Asked Questions\n\n \n\n
Frequently\nAsked\nQuestions
\nCharlotte County Tax Certificate Sale
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Basics\n| The Tax\nCertificate Sale | Using\nthe Auction Site | Tax\nCertificates
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\n\nBASICS
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\n\nWhat is a tax certificate?
\n\nA tax certificate is a first lien against real estate (not the owner)\nand becomes the basis upon which a tax deed application is filed. The\ntax certificate sale is NOT a sale of real property, nor does a tax\ncertificate give the certificate holder a direct means to acquire a\nproperty. According to Florida Statute 197.432 (13) The holder of a tax\ncertificate may not directly, through an agent, or otherwise initiate\ncontact with the owner of property upon which he or she holds a tax\ncertificate to encourage or demand payment until 2 years after April 1\nof the year of issuance of the tax certificate.
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\n\nIt is your sole responsibility to research any tax lien certificates\nyou intend to buy. You can see additional property and tax\ninformation for any item by clicking on the\nAccount or Parcel Number on the auction web site. Research any\nadvertised items carefully before submitting bids. There are potential\nrisks associated with tax certificate purchases. All purchases in the\ntax certificate sale are final.
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\n\n\nWhen does the tax certificate sale take place?
\n\nThe sale opens in early to mid May and starts to close on or before\nJune 1.
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\n\nIn early to mid-May each year:
\n\n\n\nStarting on, or before, June 1:
\n\n\n\nFor exact dates and details, please see the Auction Schedule.\nAll activity\nrelated to registration, bidding, and certificate awards takes place on\nthe auction web site.
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\n\nHow do I register for the sale?
\n\nAll bidders who wish to participate in the sale must perform the\nfollowing steps on\nBidCharlotteCounty.com:
\n\n\n\nCan\nI participate as a non-US bidder?
\n\nThe Tax Collector will only accept bids from US persons who are\nqualified to complete an IRS W-9 form and provide a valid US TIN.
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\n\nHow do I submit my bids?
\n\nYou can submit your bids on the Bid page individually, as a group\n(using a saved list), or via a file upload. You must complete all the\nregistration steps before you are allowed to submit bids.
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\n\nHow do I pay for certificate purchases?
\n\nPayment must be made by ACH. The balance due for your purchases will be automatically debited from the bank account you designated as your \"Final Payment Account\" at the designated Final Payment Deadline. If you wish to manually make your payment prior to the Final Payment Deadline, please go to the \"Payments and Budget\" page under \"My Account\" and click \"Pay for Certificates\". The button is activated once the last batch in the sale closes and any final data updates are complete. The deadline to pay is listed on the Auction Schedule.\nIf your final payment is returned as invalid for any reason, you may forfeit your security deposit and certificate purchases.
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\n\nWhat is an ACH debit?
\n\nAn ACH debit is an electronic payment from your checking or savings\naccount. When you enter your bank account information and submit\npayment on BidCharlotteCounty.com, you are authorizing the tax\ncollector\nto debit your account for the amount you indicated. All payments are\nsent for processing immediately. Additional information is available on\nthe page where you authorize payment.\n

Funds must be drawn from a US financial institution. Some types of\nmoney market, brokerage, and/or trust accounts cannot accept ACH\ndebits. Please check with your financial institution prior to\ninitiating payment on the web site.
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\n\nTHE TAX\nCERTIFICATE SALE top
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\n\nWhat is the auction process?
\n\nCertificates are sold in the order advertised. Bidding begins at 18\npercent (the maximum rate) and bids down in decrements of one quarter\nof one percent. Each certificate is sold individually to the bidder\noffering the lowest interest rate. In the case of a tie at the lowest\nrate, the winner will be selected using a random number generator in\nthe auction software. Items that receive no bids are \"struck\" to the\ncounty and become county-held certificates. Bids are accepted at 0.00%\n(zero), but certificates awarded at this rate WILL NOT accrue interest.\nBids at 0.00% will not be treated as Proxy bids in sales using Proxy\nBidding.
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\n\nIs there a cost to participate?
\n\nRegistration on the web site is free. You only need to pay the balance\ndue for any\ncertificate purchases.
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\n\nWhat is a batch?
\n\nA batch is a subgroup of the list of auction items. The list is divided\ninto batches to make the bidding process more efficient, and enable\nparticipants to manage their bids and budgets.
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\n\nDo I have to bid on all the items in a\nbatch?
\n\nNO. Each tax certificate in each batch is auctioned independently of\nevery other tax certificate.
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\n\nWill the Tax Collector send me a paper\ncertificate or list of certificates after the sale?
\n\nNo, the Tax Collector does not issue paper certificates or lists of\npurchases after the sale. To review and download a list of your winning\nbids:
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  1. Log in to BidCharlotteCounty.com
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  3. Enter the relevant tax certificate sale
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  5. Click on the Results tab
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  7. Select \"All Certificates\" from the Certificate Lists menu
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  9. Select \"All Batches\" from the Batches menu
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  11. Select your buyer number from the Bidder menu
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  13. Select \"Winning Bids\" from the Results menu
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  15. Check \"Hide Removed Certificates\"
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\n\nAfter completing these steps you will see a list of your purchases. You\ncan download the list in Excel, or comma-separated values format (CSV),\nby clicking the icons on the right-hand side of the page above the list\nof certificates.
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\n\nUSING THE AUCTION SITE\ntop
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\n\nI forgot my password. What should I do?
\n\nClick \"Forgot your password?\" on the Sign In page. Answer a few\nquestions\nand the system will send you a temporary password via email.
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\n\nI forgot my User ID. What should I do?
\n\nClick \"Forgot your User ID?\" on the Sign In page. Answer a few\nquestions and the system will send your User ID via email.
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\n\nWhat is Proxy Bidding?
\n\nIn a live auction, bidders lower their bids by quarter percent\ndecrements until they are the only bidder left or until the interest\ngoes below their acceptable minimum level, at which point they would\ndrop out.
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\n\nProxy bidding is a form of competitive sale in which bidders enter the\nminimum interest rate that they are willing to accept for each\ncertificate. The auction system acts as an electronic agent, submitting\nbids on behalf of each bidder until their minimum bid rate is met.\nUsing the proxy system the electronic agent keeps lowering your bid by\nquarter percent decrements until you are either the only bidder left,\n(in which case you get the certificate at a quarter percent lower than\nthe previous bid) or until you reach the floor you have set. Note:
\n\n\n\nDoes my budget amount limit the number\nof bids I can submit?
\n\nNO. You can submit an unlimited number of bids regardless of your\nbudget amount. However, you will not be awarded an item if the award\nwould cause the value of your purchases to exceed your budget amount.
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\n\n\n\nWhere can I find sale results?
\n\nYou can see results by logging in to BidCharlotteCounty.com, entering\nthe\nauction, and clicking on the Results tab in the upper right-hand part\nof the page. Clicking on the winning bid for any certificate will\ndisplay a list of all submitted bids in a new window.
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\n\nWhat equipment or software do I need\nto be able to participate?
\n\nIn order to use BidCharlotteCounty.com, you need an Internet connection\nand\nmodern web browser with JavaScript and cookies enabled.
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\n\nMost people choose one of the following freely available browsers:
\n\n\n\nIf I have a question about how to use\nthe web site, who do I contact?
\n\nContact Grant Street Group by email at LienHub@GrantStreet.com,\nor by phone at (866) 247-4370, between 8:00 a.m. and 5:00 p.m. EST on\nbusiness days.
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\n\nTAX\nCERTIFICATES top
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\n\nHow do I receive redemption funds?
\n\nWhen a certificate has been redeemed, the certificate holder is\nentitled to the face value plus whatever interest the certificate has\nearned. Certificates are redeemed when the owner, title company or\nmortgage company pays the outstanding taxes, or when the holder of a\ncertificate on the same parcel (from a different tax year) redeems it\nas part of a tax deed application. Redemption proceeds are remitted to\ncertificate holders by the Tax Collector. The certificate holder is\nnever paid\ndirectly unless it is from a Bankruptcy Trustee. If that happens, you\nmust notify the Tax Collector when you are paid in full and request\nthat\nthe certificate be canceled.
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\n\nCan I pay the taxes and own the\nproperty?
\n\nNO. You have not purchased property. A tax certificate does not convey\nany property rights or\nownership to the certificate holder.
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\n\nCan an interest rate be changed after\nthe sale?
\n\nThe following may affect the interest rate:
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\n\nAre tax certificates transferable?
\n\nCertificates can be transferred by completing an endorsement form and\npaying the applicable fees through the Tax Collector's office.
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\n\nWhen are county-held certificates\navailable for purchase?
\n\nCounty-held tax certificates, other than those with homestead real\nestate under $250.00, may be purchased after the close of the tax sale.\nAs the Tax Collector sells county-held certificates online using\nLienHub, BidCharlotteCounty.com has a link on the home\npage for this purpose labeled \"Purchase County-Held Certificates.\"
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\n\nWhat is the life of a tax certificate?
\n\nThe statute of limitation on a tax certificate is seven years from the\ndate of issuance. If a tax deed has not been applied for and no other\nadministrative or legal proceeding exists, the tax certificate is null\nand void.
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Vickie\nL. Potts
\nCharlotte County Tax Collector
\n18500 Murdock Circle
\nPort Charlotte, FL 33948
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