Commissioner of State Lands Tommy Land has announced that his office will auction tax-delinquent land in Union County at 10 a.m. June 5.
The auction will be held in the second floor courtroom of the Union County Courthouse in El Dorado, with registration beginning at 9:30 a.m.
Prospective bidders can find an online Public Auction Catalog, including a buyer’s guide; statutes governing sales; auction date, time and location; and a complete listing of parcels offered. The catalog is available at cosl.org and is regularly updated.
“We open the bidding at the amount of taxes, penalties and interest due,” Land said in a news release. “Anyone who has delinquent property going up for auction should be aware they only have 10 business days after the auction to redeem property sold there.”
Bidders must register for the auction, but the registration is free. The first $100 of any parcel’s purchase price must be paid in cash, while the remainder may be paid by cash, check or credit card.
“Property taxes help fund schools, roads, libraries and public services including ambulances,” Land said. “Everyone benefits from paying those taxes — and the property owner benefits from paying on time, by avoiding interest and penalties on delinquent taxes.”
Owners of delinquent parcels may call the office at 501-324-9422 to request a Petition to Redeem, or can print the petition by searching the parcel at cosl.org.