WASHINGTON COUNTY RESALE EVENT - podcast episode cover

WASHINGTON COUNTY RESALE EVENT

Jun 01, 202311 min
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Transcript

Good morning, good morning, good morning. Welcome, welcome, welcome. It's time now for round two of our community connection today and we have our friends in from Washington County. We have Melissa and Jennifer in with WOS today. And first of all, Melissa, tell us a little bit about your office and what goes on there. Not the intricate decal, but you know the public side of it. You know what I'm saying. All right, Well, Washington County Treasure's Office, and what we do is we mail out

the tax statements and then in return, we collect them. So that's that's our that's our biggest job that we do. You do transactions is what you do? A lot of them? Do a lot of those, yes, come December, all right. And Jennifer even tell us what you do. I help manage the the mailing out and the preparing of the information. Oh logistics, Oh my gosh, that's rough on the noggin. I'd be lost,

and that stuff to keep her first deputy. So she she does a lot of managing the office and takes care of make sure everything gets done on the timely manner. Oh my gosh, we got a big resale coming on. And tell us a little about at the resale. Okay, So our resale we have that every year. It's it's by statutes. Every county across the state holds a June resale and it's always the second Monday in June at nine o'clock. Um. This year, we have about sixty properties going to

our Salem. These properties that we're taking this year all have two thousand and nineteen delinquent taxes all on them. So, um, there's a lot of processing going on there isn't there. There's a lot of processing. You'll see around town. We'll have these big two foot by three foot signs that notify the surrounding owners that the property is going to be for sale. Those are going up this week. The Sheriff's office is posting those for us. So

how does this really take place? I mean, if you're delinquent on your taxes, and you know, if you're not paying any taxes, well you know you're in trouble. And this is the penalty for not paying your taxes. You lose your property, correct right, and so the property can be bought for the amount of the delinquent taxes. It is it's it's the amount

of the delinquent taxes or two thirds of the assessed value. Whatever is lower lower lower, actually lower in this usually you know, I can't think yeah, yeah, And what about folks, how did it get to this point? I mean, are they notified? Imagine they get letter from me once in a while. Oh yeah, they've been notified three times every year, and then they've been notified at additional three times so far this year that the sale is coming out. So so plenty of time has been put forth in

order to get right with g BE a local government. We're more than happy to work with them, and they contact us. The last thing you want to do is this right? Oh absolutely, this is the last thing we want to do the house or their property. And yeah, we don't want to end up owning it either. So oh yeah, that's a whole new ball of action. It is, it is, that's a lot of So what do the bidders need to know about this? With their big retail coming

up? They can anytime. They can either come to our office if they if they think they're going to want to come and bid, we ask them to come and get preregistered. They can also do it online. Um, we have a form there where they can log on and get get signed up. We'll give everybody a bitter number. Um, this is just like an auction. We hold it in the parking lot of our building there on Johnstone. Yeah, and we just we start with the first one on the list

and we just start auction auctioning them off. Now do people have to be pre qualified to be a bidder? You don't have to be pre qualified because you have to have cash. Oh okay, well there you go. You can't show up to say about put it on the plastic. No, yeah, you got to come up with some green huh. They win the bid and they step forward and they actually pay for the bid right there before we go into the next morn. No check, No plastic got to be green,

right, can we do that? Well, we do it because the statutes tell us to do it. But yes, and they get the deed within just what three days I think wins here through a day the d's are filed. Yow, wow, that's pretty quick. Yeah, we start processing everything that day. So wow, that's quite an interesting thing. Now, do you have pictures when you go downstairs to the courthouse and hold this or

do you just announce the property? We announced the property by legal description because a lot of you know, sometimes somebody might think an address is something that it's not if it gets turned around or whatever. So we do we do it by legal description, and we do ask you know, if they're going to bid on something, to make sure you've done your homework on it,

um, make sure you know what leans are against it, um. Make sure you know that it is that property that you're wanting, you know, because we've had a lot of instances where somebody's bought something and then they went and looked at it and you know, come to find out it's a burnt house or it's an empty lot when they thought it had something on it, So that that can be a bad situation you might have relived in right right now, is there any way that how did that get rectified? And somebody

decides, oh, I've made a mistake. You can't do that, and will you decide a final right right? Once the cell is over, it is a final deal, um, yeah, because that you know, at that time we start process seeing the paperwork, getting the deeds ready, getting them filed, so it's kind of a done deal once the once the sale ends. How often do we do this every year. Once a year's y're always the second Monday in June. Always the second Monday is the way I

like Oklahoma because it doesn't change much, right, you know everything? Yes, yeah you can, you can bank on it. And you guys got to really put in a little bit of homework hours, I guess to get this ready, don't you. There's a lot of research that goes in. You have to look up the people and the legal descriptions and see what leans are on it. And then we try to we have to figure out where it's located so that the sheriff's office can post the signs. Um. So

that's a big dual. Oh yeah, So so the sheriff's office is one going out there, you know, acting like the real tour a little bit. Yeah, they get to go out and host the signs. God's going, yeah, you hear that. But what happens Let's say you got a deal that folks just can't refuse, but they do, they refuse it anyway, what happens to the unsold property? What goes on there the unsolved property?

Um, if we don't get a bit on it, then it becomes county owned property, and then the county is responsible for mowing and cleaning and doing all of that. So they don't want to do that, and we don't want to do that now, and so m we hold another cell after the resell um it's called the Commissioner's cell. And so it's a little different process than the resale. So, um, you know, we try to we try to get them sold. It's they go for a little bit cheaper.

We can do them for less than the taxes at that point, um, just to try to get them sold and get them back on the tax role because once they become county owned property, then you know, there's there's no taxes or anything on them. They give a cost, they do, they become a cost. Yes, wow, you see you got that play and be here that that's that's kind of cool. That's right down. It's

awesome. But anyway, so if you're looking to perhaps invest in some property and you want to get perhaps the deal of a lifetime, this is the place to be. And that's going to be again, it's gonna be June twelve at nine o'clock and it's going to be at the County Administrative Building on Johnstone Gat the Administrative Building, not at the courthouse. Not at the courthouse downstairs. At the administrative buildings little to the north. There you go to

have a big green sign out front that very sale's good. You direct traffic there, signs oh yeah, this final on the sign, it'll be good. And to bring cash to what what are the kind of like the average prices of these things going? You know, there's really no average price. I mean I was trying to fund sixty dollars and we sold them for forty eight dollars. Oh wow, how did it sixty eight bucks? Yeah? Yeah, empty lots all right. I just want to know how much I

need to put in the atua. Yeah, like I'm going to be a big property magnate soon. But anyway, this is how it's done. And it's called the Resale a Baton and it's the twelfth and it's at the administrative building right there on Johnstone and you can't miss it. And if anybody has that questions or something, can they just call the office? Absolutely, how do we get hold of you? Eight three three seven two eight one zero

all right? And you're not going to post any photos or anything like that on the website or the no, they can go on our website and create the list of the properties. Oh, okay, there you go. You have to do the looking on your own. Yeah, you do the research. We'll provide you the list. Yeah, you can do the research. And they can also pick up a list in our office if you know after they don't like the computer. They don't like the computer. Yes, there's

still a healthy amount of folks in the community that don't like them. And they'll tell you I don't like the computer. Well, this is great. I'm glad you ladies came in and doctors a little bit. Give us a little bit of information here too. And where can we find your office cause we have to, uh, you know, have a question that probably needs eyeballs on it. Where can we find you? We're at four hundred South Johnstone and we're in room two hundred. Okay, second floor, yes,

second floor. Nice good view of the city. Yeah, very good for listen, Jennifer. I want to thank you for being a part of our program today and a part of the education moving forward here on this as well. And it's always great to have you on board. And we always have our folks from the account Again. On the first Friday of the of the month, Todd usually does a real good job of managing things that way.

He's everywhere. Lissa Jennifer, thanks again for being with us right here on our Community Connection program.

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