Denver, CO tax lien sales!

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Realauction announced today that the online auction of tax liens in the City and County of Denver, Colorado will begin at 8:00 a.m. Mountain Time on November 6, 2006 and run without interruption through November 9, 2006. Denver will use sealed bid, the industry standard for tax lien auctions, and allow bidders to enter bids anytime between November 6 and November 9. The Denver auction website is www.denvertaxsale.com.

The site opened for early registration on October 23, 2006. Bidders must register on the site before entering their bids. Bidding on tax liens will close starting at 8:00 a.m. Mountain Time on November 9. Tax certificates will be awarded to the highest bidder at the close of the auction.

“We believe the online auction is an improvement on past practice, providing greater transparency, opportunity and fairness to all potential bidders,” said Treasurer David Hart.

“Holding the auction online helps the county save time and costs,” said Realauction CEO Lloyd McClendon. “We also have our customer service team in place to ensure that everyone’s questions are answered.”

Denver County has scheduled a training session on October 26th, 2006 at 5:30 p.m. Mountain Time to familiarize prospective bidders with the process of the online tax lien auction. The training will be held at the Wellington E. Webb Municipal Building, 201 West Colfax Avenue, Room 4.G.2, Denver, CO 80202.

About Denver

Denver, the capital of Colorado, is a consolidated city and county. The “Mile High City” is located at the foot of the majestic Rocky Mountains and serves as the financial, transportation, and distribution center of the region. Denver is a city rich in history and culture and is home to over half a million people.

For more information, please contact: Denver Treasury Division at 720-865-7000 or online at www.denvergov.org/treasury.

About Realauction

Realauction is a leading provider of technology solutions for government agencies. Realauction helps government agencies reduce costs by providing consultation, design and implementation of online auctions for delinquent tax lien sales. With over 50 years of combined experience in the tax lien certificate and real estate data transfer industry, and an award winning development team, Realauction is committed to providing the software and customer service to help local governments succeed.

For additional information about the City and County of Denver tax lien auction, please contact the Realauction Customer Service Center at 877-361-7325.