Friday, August 5, 2022

Thinking about purchasing tax sale property?

It’s not as complicated as it may seem. Bates County Collector Jim Platt has provided the information needed to get started. To find property addresses, you may go to the Recorder of Deeds or Assessor office for assistance.

If you purchase a first year (3 years due) or second year (4 years due) property:  your collector’s deed will be available in one (1) year if property is not redeemed within the one year period.  If property is redeemed, you will be notified and reimbursed for the sale amount plus interest.

Any person purchasing property at a delinquent land tax auction shall not acquire the collector’s deed to the real estate, as provided for in section 140.420, rsmo, until he meets with the following requirements or until he makes affidavit that a title search has revealed no publicly recorded deed of trust, mortgage, lease, lien or claim on said real estate.  

At least ninety (90) days prior to the date when he is authorized to acquire the deed, the purchaser shall notify any person who holds a publicly recorded deed of trust, mortgage, lease, lien or claim upon that real estate of the latter person’s right to redeem his security or claim.  Notice shall be sent by certified mail to any such person, including one who was the publicly recorded owner of the property sold at the delinquent land tax auction previous to such sale, including lake developments, at his last known available address.  Failure of the purchaser to comply with this provision shall result in his loss of all interest in said real estate.

When the one (1) year redemption period has expired, you will need to bring to this office the following:  tax sale certificate of purchase, signed and notarized affidavit, title search, copies of certified letters which you have sent to any person who holds a publicly recorded deed of trust, mortgage, lease, lien or claim upon that real estate of the latter person’s right to redeem his security or claim, including lake developments and the previous owner.  Any subsequent unpaid taxes, recording fee, and deed fee must be paid at this time.  The deed will be recorded and mailed to you.  This deed must be recorded within two (2) years of the sale date.

If you purchase a third (5 years due) property:  no purchase certificate is issued on a third year sale.  Your paid receipts are your proof of purchase.  A title search is required on a third year sale.  You are required to notify the previous owner and anyone who has a publicly recorded deed of trust, mortgage, lease, lien or claim upon said real estate, including lake developments.  Once the purchaser has notified the county collector by affidavit, that proper notice has been given, anyone with a publicly recorded deed of trust, mortgage, lease, lien or claim upon the property shall have ninety (90) days to redeem said property.  After the collector’s office has received all title search documentation, all certified mail notifications and notarized 3rd year affidavit, the ninety (90) day redemption period will begin.  After the ninety (90) has been completed, a collector’s deed will be issued.  Your deed must be recorded within two (2) years from the date of sale.

If your address changes before you pick up your deed, you need to notify this office.  If your address changes after you pick up your deed, you need to notify the assessor’s office at 660-679-3157.

If you have any questions concerning tax sale properties or procedures, please feel free to contact the collector’s office at 660-679-3341.  Jim Platt, collector


Search news