The sale will help the county collect overdue property taxes
SOMERSET, Pa., Aug. 16, 2022 (GLOBE NEWSWIRE) — The Somerset County Tax Claims Office’s annual tax sale will be held virtually on GovDeals, the leading online marketplace for more than 16,000 government agencies and educational institutions to sell their surplus to more than 4.8 million registered buyers. The sale is being conducted to collect funds owed to the county for unpaid property taxes, federal liens, municipal claims, or other costs. The one-day event showcasing hundreds of residential and commercial plots will take place on Tuesday, September 13, 2022, with starting bids equal to the amount of taxable interest owed on each property.
This is the first time Somerset County has used GovDeals to auction its properties. By bringing their annual Upset tax sale online, Somerset County can now conduct hundreds of tax sales simultaneously, saving time and simplifying the sales process by running GovDeals’ bespoke solution based on needs of his county. The GovDeals Marketplace offers its sellers a true partnership, evolving with the changing needs of an agency. With GovDeals, Somerset can have access to a perpetual audit trail and be protected against buyer fraud while maximizing their returns.
Prospective buyers have until Friday, August 26, 2022 to submit additional documents to their Tax Claims Office and pay a non-refundable $100 registration fee in order to participate in this auction.
For more information on signing up for this sale, please visit GovDeals.com/somersetcountytaxsale. To bid on assets on GovDeals, prospective buyers must first create an account and complete the free registration form. New bidder registration can be done at GovDeals.com/Register.
GovDeals is the world’s leading marketplace for surplus government and education assets, ranging from heavy equipment and transportation assets to industrial machinery and real estate. GovDeals specializes in surplus disposal technology, partnering with government agencies and related entities to sell “as is, where is” surplus equipment and materials seamlessly. Sellers can directly launch and manage their listings in just days with more control and lower fees than traditional auction solutions. GovDeals is powered by one of the most experienced and trusted companies in the surplus industry: Liquidity Services (NASDAQ: LQDT), which has supported millions of customers around the world. GovDeals buyers have direct access to all surplus assets on the Liquidity Services marketplace network in one centralized location.