Strategic Auction Alliance provides complete tax title auction services to Massachusetts municipalities. Our programs are designed to deliver capable and interested third party investors who assume the municipality’s “debt position” and purchase tax titles for the entire amount due for tax title accounts with equity. Municipalities recover the entire debt due and investors commit to paying all subsequent property tax payments. We keep the process simple and navigate your through the red tape. No guess work, no worrying about compliance. We have it covered. We offer immediate results without the time and expense of tax foreclosure. Recently, we conducted an auction for the Town of Weymouth, MA consisting of tax titles, possessions and surplus property. The town realized a return of over $900,000!
We follow a simple three-stage process:
- Cultivation of a specialized, targeted marketing campaign –We go above and beyond to find buyers who are interested, capable and motivated to purchase your tax titles. From detailed property information packages to leveraging online communications, we offer a variety of marketing services that entice and encourage interested buyers.
- The Auction itself – Remote bidding opens the process to a national audience of investors. Individual tax titles are offered at auction. Minimum bids are equal to the municipality’s entire debt for each tax title. Once the title is sold, winning bidders close within 14 days.
- Properties remaining unredeemed or unsold can be foreclosed upon, with confidence, as the only remaining option- Subsequent to tax foreclosure judgment; the property becomes a tax possession and can be sold by the municipality at auction or by RFP.
Develop strategies for all of your tax title, tax possession and surplus properties and SELL them. Contact us today for a free consultation to address your specific tax title needs.