Fairbanks North Star Borough to hold tax foreclosure sale
FAIRBANKS, Alaska (KTVF) - The Fairbanks North Star Borough is holding a tax foreclosure sale on Wednesday, August 25.
According to the borough, 83 properties are on the block for this sale. Because the event was not held in 2020 due to the COVID-19 pandemic, this number is more than is usual for a single sale.
The auction is being conducted via sealed bids.
The deadline to purchase $15 bid packets from the borough has already passed. However, those who have purchased these packets have until 5:00 p.m. on the 25th to submit them.
Meanwhile, those whose property is up for auction have until that same time to pay all delinquent taxes.
Properties that aren’t purchased are retained by the borough until the next foreclosure sale. More information about the auction, as well as a list of properties, can be found here.
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