Polk holds tax foreclosure auction on courthouse steps
Published 12:31 pm Wednesday, June 30, 2010
Polk County auctioned a home and land on Monday for the first time in more than six years.
The property in Silver Creek Community, formerly Land of Lakes subdivision, in Mill Spring went to the only bidder for $3,116 during the tax foreclosure auction held at the Polk County Courthouse.
The property auctioned on Monday was a mobile home with one acre of land.
Polk County Tax Collector Melissa Bowlin says the county is seeing many more bank foreclosures recently and is currently working on another 10 properties that are in the process of going to foreclosure.
Polk is working on two homes that could be going up for sale soon and another eight homes are with an attorneys office in the process.
The county can start the foreclosure process as soon as taxes become delinquent, but practice is to try to work with homeowners on a payment plan. After about a year of not paying taxes, Polk usually begins the foreclosure process.