Aug 31, 2026 · 12 days ago· 08:30 AM
Published sale details. The parcel list has not been fetched yet.
Please see online auction website for registration details.
No parcels published yet
Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Miss. Const. art. 4, § 112: Class I, single-family owner-occupied residential, is assessed at 10% of true value; Class II, all other real property, at 15%; Class III at 15% and Class IV public utility property at 30%. This entry uses the Class II rate. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.
Very commonly required in Mississippi for marketable/insurable tax title before resale; budget for quiet title after deed issuance.
Mississippi tax-lien county (Miss. Code §§27-41 et seq.). Rankin County Tax Collector sells delinquent real-property tax liens at the statutory last-Monday-in-August annual sale; documented cycles have used GovEase online live bidding (govease.com/auctions). Opening bid equals unpaid taxes plus costs; overbids are common and generally non-refundable on redemption (investor earns statutory interest on the tax amount only). Two-year redemption at 1.5%/month (18%/yr) through the Chancery Clerk Land Redemption desk before a tax deed can mature to the purchaser. Jackson metro east (Brandon, Flowood, Pearl, Ridgeland fringe).
Inherited from Mississippi rather than researched for Rankin: type, redemption, returns, statute.