Real Estate Delinquent Taxes and Tax Lien Sale

Denver will host a tax lien sale on March 1, 2025, aimed at properties with delinquent property taxes. The sale is part of a broader strategy to manage the increasing number of unpaid taxes, which poses challenges for the local economy and housing market. Properties with outstanding taxes will be auctioned to investors, who can then collect the owed amounts. This initiative not only helps ensure city revenue but also addresses issues related to juvenile delinquency and financial instability. Local officials stress the significance of timely tax payments for sustaining community services and infrastructure.

The tax lien sale represents a proactive approach to mitigate the effects of unpaid taxes on the housing market. Historical data indicates that tax lien sales often lead to increased property ownership and investment in the community. By addressing delinquent taxes, Denver aims to foster a healthier real estate environment.