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No. You’re buying a Missouri certificate of purchase.
A Missouri certificate of purchase is an interest-bearing investment with a 10% annual return that must be repaid within one year.
Yes, the investment is secured by the property.
If the debt is not repaid within one year and if the Missouri notice requirements are satisfied, contact the collector’s office for a deed conveying property ownership.
Highest bid wins!
If the debt is repaid, yes, but without interest.
Pay online, or if you prefer to pay by wire transfer call us at (888) 387-8033.
Payments must be made immediately at the close of the auction.
No. All sales are final.
The collector of revenue pays you.
Payments are made when the debt is repaid.