Weldona, Colorado Delinquent Tax Sale Property


The collection of real estate taxes for properties located in Weldona Colorado is a major priority for the Morgan County Colorado 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 Morgan County Colorado. If Morgan County Colorado 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 Weldona Colorado, Morgan County Colorado would literally go bankrupt.

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

In return, Morgan County Colorado gives investors Colorado 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 Colorado tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Morgan County Colorado to the investor.

When purchasers buy tax lien certificates in Colorado, they are paying someone else's delinquent property taxes. What's more, Colorado 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 Colorado charges up to +9% 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 Morgan County Colorado 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 +9% per annum mandated by Colorado law.

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

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

In addition, Colorado tax lien certificates are secured by real estate. So if purchasers do not receive what they paid to purchase the Colorado 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 +9% per annum, or Morgan County Colorado 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 Colorado law, mandated by Colorado law, and regulated by Colorado 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 Weldona Colorado 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 Weldona Colorado.

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

The following is a list of counties located in the state of Colorado. Tax Lien Certificates for properties located in the following counties are sold at Colorado 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:

County / Municipality:  Population: 
Adams County, CO  363,857
Alamosa County, CO  14,966
Arapahoe County, CO  487,967
Archuleta County, CO  9,898
Baca County, CO  4,517
Bent County, CO  5,998
Boulder County, CO  291,288
Broomfield County, CO  38,282
Chaffee County, CO  16,242
Cheyenne County, CO  2,231
Clear Creek County, CO  9,322
Conejos County, CO  8,400
Costilla County, CO  3,663
Crowley County, CO  5,518
Custer County, CO  3,503
Delta County, CO  27,834
Denver County, CO  554,636
Dolores County, CO  1,844
Douglas County, CO  175,766
Eagle County, CO  41,659
El Paso County, CO  516,929
Elbert County, CO  19,872
Fremont County, CO  46,145
Garfield County, CO  43,791
Gilpin County, CO  4,757
Grand County, CO  12,442
Gunnison County, CO  13,956
Hinsdale County, CO  790
Huerfano County, CO  7,862
Jackson County, CO  1,577
Jefferson County, CO  527,056
Kiowa County, CO  1,622
Kit Carson County, CO  8,011
La Plata County, CO  43,941
Lake County, CO  7,812
Larimer County, CO  251,494
Las Animas County, CO  15,207
Lincoln County, CO  6,087
Logan County, CO  20,504
Mesa County, CO  116,255
Mineral County, CO  831
Moffat County, CO  13,184
Montezuma County, CO  23,830
Montrose County, CO  33,432
Morgan County, CO  27,171
Otero County, CO  20,311
Ouray County, CO  3,742
Park County, CO  14,523
Phillips County, CO  4,480
Pitkin County, CO  14,872
Prowers County, CO  14,483
Pueblo County, CO  141,472
Rio Blanco County, CO  5,986
Rio Grande County, CO  12,413
Routt County, CO  19,690
Saguache County, CO  5,917
San Juan County, CO  558
San Miguel County, CO  6,594
Sedgwick County, CO  2,747
Summit County, CO  23,548
Teller County, CO  20,555
Washington County, CO  4,926
Weld County, CO  180,936
Yuma County, CO  9,841