Casper, Wyoming Delinquent Tax Sale Property


The collection of real estate taxes for properties located in Casper Wyoming is a major priority for the Natrona County Wyoming Tax Collector. Real estate taxes fund local services such as public education, police protection and medical services.

Delinquent property taxes create a serious cash-flow problem for Natrona County Wyoming. If Natrona County Wyoming is unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.

Without the tax revenue generated from real estate located in Casper Wyoming, Natrona County Wyoming would literally go bankrupt.

To solve this cash-flow problem, Natrona County Wyoming allows investors to come in and pay off a portion of these delinquent property taxes.

In return, Natrona County Wyoming gives investors Wyoming tax lien certificates. A tax lien certificate is a document indicating ownership of a real estate tax lien. A tax lien is simply a claim for taxes.

A Wyoming tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Natrona County Wyoming to the investor.

When purchasers buy tax lien certificates in Wyoming, they are paying someone else's delinquent property taxes. What's more, Wyoming actually gives purchasers the right to receive all of the tax money due - including fees, interest, and/or penalties.

To encourage delinquent owners to pay their past-due property taxes, the state of Wyoming charges up to 15% per annum on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.

The sale of tax lien certificates is a solution to a complex problem Natrona County Wyoming recovers lost revenue needed to fund local services, the property owner gets more time to satisfy their delinquent property tax bill and the purchaser receives a tax lien certificate which is real estate secured and offers up to 15% per annum mandated by Wyoming law.

For "risk-sensitive" investors Wyoming tax lien certificates are an attractive alternative to traditional investments choices. With tax lien certificates, purchasers are investing their money with Natrona County Wyoming and when the Natrona County Wyoming Tax Collector collects the past due taxes, they send purchasers a check, returning what they paid to purchase the Wyoming tax lien certificate plus applicable penalties, interest, and/or late fees.

Wyoming tax lien certificates are attractive in several ways. First, the rise and fall of interest rates has no effect on Wyoming tax lien certificates. Unlike the stock market, interest rates on Wyoming tax lien certificates are mandated by Wyoming law.

In addition, Wyoming tax lien certificates are secured by real estate. So if purchasers do not receive what they paid to purchase the Wyoming tax lien certificate plus interest and/or penalties within the law mandated redemption period, the purchaser acquires title to the property free and clear of all liens created prior to the sale.

So in review, there are generally two outcomes with the purchase of a tax lien certificate; the purchaser will either receive what was paid to satisfy the delinquent property taxes PLUS up to 15% per annum, or Natrona County Wyoming has the legal right to transfer them the property - often with no mortgage!

Once they own the property they can do whatever they like; sell it, rent it for monthly cash-flow, even move in (often with no mortgage payment).

As with any investment, there is always an element of risk. Even if the tax sale process is written into Wyoming law, mandated by Wyoming law, and regulated by Wyoming law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.

Join the Casper Wyoming Delinquent Tax Sale Discussion.

Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates on tax-delinquent property located in Casper Wyoming.

Learn about Tax Lien Certificates in other counties or municipalities located in Wyoming.

The following is a list of counties located in the state of Wyoming. Tax Lien Certificates for properties located in the following counties are sold at Wyoming county tax sales.

Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below: