Snohomish county held its tax foreclosure auction today in the auditorium of the local utility. It was lightly attended, maybe 100 people. After watching the property list for weeks only one parcel remained that I was interested in; the rest were either redeemed or withdrawn. Not sure what it means when it's withdrawn.
I purchased 9 acres of good bottomland for $2700 an acre, which i considered a good deal. I walked the property today but will have to wait until it thaws to see the lay of the land. It was formerly used as a dairy farm, so chances are good its got canary grass planted on it; a good, hardy forage grass, suitable for my farming.
Lots of the parcels sold were fractional ownership shares of private roads or bits and pieces of lots that were trimmed off for reasons unknown. four or five small lots with vacation cabins, couple of lots that were listed as "currently underwater" -- but still sold.
The terms of the auction were payment at time of bid, so I had a handful of cashiers checks in various denominations. All in all a pretty good day.
Posts
