The State Newspaper: Dawn Hinshaw
The State Newspaper: By Dawn Hinshaw: Columbia, SC — Richland County will hold a sealed-bid auction for 252 tracts of land remaining after last month’s tax sale.
The deadline to submit bids is 5 p.m. Jan. 31 to the treasurer’s office at 2020 Hampton St. in Columbia.
Opening bids begin as low as $100 and go up to $49,600, according to a news release from Treasurer David Adams. The current landowner is given a year’s grace period to redeem the property by paying taxes, costs and interest due to the successful bidder.
Adams said some 700 pieces of property were left over after last year’s tax sale.
The number of properties originally offered for sale because the owners hadn’t paid their property taxes has decreased each of the last four years, from a high of 2,135 in 2010 to 1,547 in 2013, figures provided by Adams show.
He’s hoping those are signs of continued improvement in the local economy.
A list of properties to be auctioned, along with bid instructions, are available at www.rcgov.us/treasurer or for more information, call (803) 576-2250.