Property Foreclosure Timeline for Tax Year 2014:
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March 1, 2015- Unpaid 2014 property taxes were forwarded as delinquent to the County Treasurer. 4% administration fee and 1% per month interest was added.
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October 1, 2015 - $15 fee was added to each unpaid parcel.
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March 1, 2014- Property will be forfeited to County Treasurer. The following fees were added:
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$175 title search fee
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$10 recording fee for forfeiture certificate
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$10 recording fee for redemption certificate
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Interest increased from 1% per month to 1.5 % per month retroactive to date the taxes became delinquent. (net result: 7.5% interest is added)
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Additional interest, recording and service fees will accumulate throughout the succeeding year, including, but limited to, the fees listed below.
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August 2016-- Properties will be visited and posted with Circuit Court hearing notice. A fee of $20 will be added on August 1, 2016.
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November 2016-- Certified notice of foreclosure hearing will be mailed to all owners of interest. A fee of approximately $6.50 per notice will be added to each parcel. Because of legal requirements that spouses each receive a separate notice, parcels average 2-5 notices each ($13-$35 fee will be added November 1, 2011.)
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December 2016 -- Property addresses, legal descriptions, and the names of all persons having an interest in any delinquent properties will be published in The County Press. A fee of about $90 will be added December 1, 2012.
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February 10, 2016 -- Administrative hearing is held to review applications for Deferrals due to Financial Hardship.
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February 27, 2017 -- Circuit court hearing is held. Court will enter a judgment of foreclosure.
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The LAST DAY TO PAY is MARCH 31, 2017. On April 1, 2017, clear title to the property passes to the county.
YOU CANNOT GET IT BACK!
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July/August 2017 -- property is sold at public auction.