Mississippi Secretary of State Hulbert Hosemann issued the following press release:
Online Auction Begins on 379 Properties in Jackson Valued at $7.4 Million
Jackson, Miss.—Bidding
opened today in the Secretary of State’s online auction of three
hundred and seventy-nine (379) tax-forfeited properties in Jackson
valued at an estimated $7.4 Million. The parcels
include the Southport Mall Shopping Center, located at Highway 80 and
Ellis Avenue, which boasts a market value of $1.46 Million.
In addition, an auction of one hundred (100) parcels in Waveland valued at an estimated $800,000 opened today.
These auctions mark the
second time tax-forfeited property has been sold online by the Secretary
of State’s Office. Secretary of State Delbert Hosemann launched online
auctions in July 2016 with parcels in Pearl
River County.
“We still engage in
traditional bidding, but our online platform makes it easier for those
interested to acquire properties and allows our staff to operate more
efficiently,” Secretary Hosemann said. “The real
winners are the taxpayers. Placing parcels back on the tax rolls
results in raising critical funds for education and infrastructure.”
State Senator David Blount, who authored the legislation allowing online auctions, agreed.
“We are committed to
using every possible means to get abandoned property in Jackson and
other Mississippi cities back into productive use,” said Senator Blount,
Chairman of the Senate Public Property Committee.
“An online auction is another way to get properties back on the tax
rolls to revitalize our communities and support our public schools. We
especially want to get the word out to encourage local ownership.”
Bids may be submitted online on the Secretary of State’s
online auction portal until
Wednesday, September 28, 2016, by 5 p.m. CST. Sealed paper bids are also accepted if mailed or returned to 125 S. Congress Street, Jackson, Mississippi, 39201, by 5 p.m. CST on
Wednesday, September 28, 2016. Paper bids returned after the closing date will be rejected.
To place a bid, a user
is required to register online. Users may view property details such as
parcel location, pictures, and an auction map.
Other information, such as auction dates, bid notices, and
market values of property are also available online. Successful bidders
will be notified by e-mail as soon as possible after the auction
closes, and payment of the bid amount must be paid within
fifteen (15) days of notification.
The Secretary of State’s
Office currently holds approximately 7,685 parcels, forfeited to the
State for non-payment of ad valorem taxes, valued at more than $55.4
Million. In recent years, successful auctions
in Bay St. Louis, Greenville, Greenwood, Jackson, McComb, Meridian,
Pearl River County, and Yazoo City have raised hundreds of thousands of
dollars for Mississippi schools and municipalities.
To learn more about tax-forfeited properties, visit the Secretary of State’s
website or call the Public Lands Division at (601)-359-5156.
14 comments:
http://www.sos.ms.gov/Applications/Pages/TFSearch.aspx is the link to the Hinds County auctions for anyone interested. It is absolutely full of garbage properties. It also looks like nearly an entire street (Powell Rhodes Drive) is available.
I'd be surprised if half of those were purchased. Really crap property.
jeffrey stallworth has a lot of properties on that list.
Kennuf Stokes on there for $10K
Of course, that's the problem. By the time these properties make it to the Secretary of State's office, they have already been abandoned by the owner. Then no one wanted to buy them in auctions conducted by the city and the county. In other words, nobody wants them.So they get dumped on the Secretary of State who then gets blamed by the city that the properties are in a dilapidated condition. Maybe Kenneth should buy them all.
4:26pm, Not sure what is your point. You don't post your property taxes, the state takes your property, that's the rule. But the state then becomes responsible. They need to board up and secure the property, mow the grass, whatever. They can't take the property and pretend to not have any responsibility for it.
No surprise that these are the worst of the worst properties. But that still doesn't relieve the SOS of their responsibility. If these properties are so bad that multiple auctions fail to sell, perhaps a more creative solution is needed.
plant them in trees and wait 40 years for a cutting....
5:01 - maybe you should run for the legislature so that you can make what you think should be the case become the law. Until then, you should couch your statements as "I think this should be the case" rather than state it as fact.
In this case, you can't find any case or statute to back up your comment.
Southport Mall at Hwy 80 & Ellis Avenue is valued at $1.46 Million ?
Laughing my ass off.
It wasn’t worth that much in 1989 dollars when the Employment Security Commission converted the Sunflower grocery section of that strip mall into an Unemployment Office.
Or when DEQ occupied it, flooding and all.
SOS Dilbert tends to put lipstick on pigs every time he can if it will make him get into the news.
Maybe Tony Yarber and Co. can purchase them and turn them into a red-light district in turn creating jobs and revenue for the recently disenfranchised city employees. A new approach for the bold new city.
As the Bill Clinton meme says, "Blow jobs, are better than no jobs"!
If I buy 4 houses, can put up a hotel then?
Gotta check my couch cushions for change.
Pitt Panther, you are slightly incorrect. If you don't pay your property taxes, the county, not the state, will seize then auction off your property. If nobody wants it at the auction, they offer it to the city. If the city doesn't want it, it gets dumped on the Secretary of State. Of course, the legislature has not appropriated any money for boarding up property or cutting the lawn or otherwise maintaining any of these properties. So, that falls upon the city to do.
and @10:40, you are slightly incorrect as well. The properties are not 'offered' to the city. If they don't sell, they go directly to the state.
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