Maryland Tax Certificate Sales
Maryland, a tax certificate sale state has 24 counties. The delinquent property owner has 12 months from the date of the tax sale to redeem forfeited property. The interest rates vary from county to county and year to year and are set by the county commissioners.
Announcements of sales
Maryland law provides that notices of tax sales must be advertised in a newspaper or newspapers of general circulation in the county where the property is located. The contents may be differ but in general the advertisement will include the legal description of the property, the total amount of taxes, interest, penalties and costs due as well as the date, time, and place for the sale.
Interest Rate
As stated above, the interest rates vary on the redemption by the delinquent property owner. Currently the rate is 6% in most counties but a few have a redemption rate of 10%. In Carroll the rate is 14% but again that can be adjusted by the county commissioners.
Properties not sold
If the property is not sold at the auction the county or another agency may buy and hold any property in their county.
To find lists of upcoming tax sales check the following newspapers:
Annapolis The Capital
Baltimore Baltimore Sun
Baltimore Baltimore Times
Bel Air The Aegis
Bethesda Bethesda Gazette
Bowie Bowie News
Cumberland Cumberland Times-News
Deale Bay Weekly
Emmitsburg Emmitsburg Dispatch
Frederick Frederick News-Post
Gaithersburg Gazette Newspapers
Hagerstown The Herald-Mail
Lanham The Prince George’s Journal
Oakland The Republican Newspaper
Ocean City Maryland Coast Dispatch
Princess Anne Somerset Herald
Salisbury The Daily Times
Check out the information on Charles County Sales at this link: Charles County