Terms and Conditions
The sheriff sales processed by the Columbia County Sheriff's Office are mortgage foreclosures. The Tax Assessment office conducts the tax sales.
Sheriff sales are held in the Columbia County Sheriff's Office unless otherwise noted.
Sheriff sales are advertised in the Press Enterprise three consecutive Wednesdays prior to the sale date posted on the Handbill.
Properties are sold to the highest bidder.
In addition the bid buyer is responsible for two percent poundage (which is figured on the bid amount) and two percent transfer tax (which is figured on the fair market value).
TERMS OF SALE
MINIMUM PAYMENT AT TIME OF SALE:
The greater of ten (10%) percent of the bid price or costs (opening bid at sale). Minimum payment is to be paid in cash, certified check or cashier's check at time of sale.
REMAINING BALANCE OF BID PRICE:
Any remaining amount of the bid price is to be paid within (8) days after the sale in cash, certified check or cashier's check.
IMPORTANT NOTICE FOR FAILURE TO PAY BID PRICE:
FAILURE TO PAY THE BID PRICE IN ACCORDANCE WITH THESE TERMS MAY RESULT IN SERIOUS FINANCIAL CONSEQUENCES TO THE BIDDER. DO NOT BID UNLESS FUNDS ARE AVAILABLE FOR PAYMENT WITHIN THE PRESCRIBED TIME PERIOD.
If the successful bidder fails to pay the bid price as per the above terms, the Sheriff may elect either to sue the bidder for the balance due without a resale of the property, or to resell the property at the bidder's risk and maintain an action against the bidder for breach of contract. In the case of a default all sums paid by bidder will be considered forfeited, but will be applied against any damages recoverable. The defaulting bidder will be responsible for any attorney fees incurred by the Sheriff in connection with any action against the bidder in which the bidder is found liable for damages.