Redemption
12 mo
Max interest
10%
You buy a tax lien, not the house. The owner has 1 year to pay you back. You earn 10% interest a year. You win with the highest bid. Sales are held once a year, typically in August.
Sale type
Mo. Rev. Stat. § 140.340.1
https://revisor.mo.gov/main/OneSection.aspx?section=140.340“the expiration of the lien evidenced by a certificate of purchase under section 140.410 no redemption shall be required.”
Redemption
Mo. Rev. Stat. § 140.340.1
https://revisor.mo.gov/main/OneSection.aspx?section=140.340“shall have the absolute right to redeem the same at any time during the one year next ensuing”
Interest
Mo. Rev. Stat. § 140.340.2
https://revisor.mo.gov/main/OneSection.aspx?section=140.340“with interest at the rate specified in such certificate, not to exceed ten percent annually”
Bid method
Mo. Rev. Stat. § 140.250.1
https://revisor.mo.gov/main/OneSection.aspx?section=140.250“at the next regular tax sale of lands for delinquent taxes sell same to the highest bidder, except the highest bid shall not be less than the sum equal to the delinquent taxes, interest, penalties, and costs”
Sale timing
Mo. Rev. Stat. § 140.150.1
https://revisor.mo.gov/main/OneSection.aspx?section=140.150“are subject to sale to discharge the lien for the delinquent and unpaid taxes or unpaid special assessments as provided for in this chapter on the fourth Monday in August of each year.”
Certificate of purchase. | Prose: lien | up to 10%/yr on the purchase amount; 8%/yr on subsequent taxes | 1 year (absolute right); defeasible until collector's deed | public sale; highest bidder, not less than delinquent taxes, interest, penalties, and costs | fourth Monday in August
Certificate of purchase.
| County | FIPS | Platform | Health |
|---|---|---|---|
| Adair County | 29001 | — | not_started |
| Andrew County | 29003 | — | not_started |
| Atchison County | 29005 | — | not_started |
| Audrain County | 29007 | — | not_started |
| Barry County | 29009 | — | not_started |
| Barton County | 29011 | — | not_started |
| Bates County | 29013 | — | not_started |
| Benton County | 29015 | — | not_started |
| Bollinger County | 29017 | — | not_started |
| Boone County | 29019 | — | not_started |
| Buchanan County | 29021 | — | not_started |
| Butler County | 29023 | — | not_started |
| Caldwell County | 29025 | — | not_started |
| Callaway County | 29027 | — | not_started |
| Camden County | 29029 | — | not_started |
| Cape Girardeau County | 29031 | — | not_started |
| Carroll County | 29033 | — | not_started |
| Carter County | 29035 | — | not_started |
| Cass County | 29037 | — | not_started |
| Cedar County | 29039 | — | not_started |
| Chariton County | 29041 | — | not_started |
| Christian County | 29043 | — | not_started |
| Clark County | 29045 | — | not_started |
| Clay County | 29047 | GovEase | not_started |
| Clinton County | 29049 | — | not_started |
| Cole County | 29051 | — | not_started |
| Cooper County | 29053 | — | not_started |
| Crawford County | 29055 | — | not_started |
| Dade County | 29057 | — | not_started |
| Dallas County | 29059 | — | not_started |
| Daviess County | 29061 | — | not_started |
| DeKalb County | 29063 | — | not_started |
| Dent County | 29065 | — | not_started |
| Douglas County | 29067 | — | not_started |
| Dunklin County | 29069 | — | not_started |
| Franklin County | 29071 | — | not_started |
| Gasconade County | 29073 | — | not_started |
| Gentry County | 29075 | — | not_started |
| Greene County | 29077 | — | not_started |
| Grundy County | 29079 | — | not_started |
| Harrison County | 29081 | — | not_started |
| Henry County | 29083 | — | not_started |
| Hickory County | 29085 | — | not_started |
| Holt County | 29087 | — | not_started |
| Howard County | 29089 | — | not_started |
| Howell County | 29091 | — | not_started |
| Iron County | 29093 | — | not_started |
| Jackson County | 29095 | — | not_started |
| Jasper County | 29097 | — | not_started |
| Jefferson County | 29099 | — | not_started |
| Johnson County | 29101 | — | not_started |
| Knox County | 29103 | — | not_started |
| Laclede County | 29105 | — | not_started |
| Lafayette County | 29107 | — | not_started |
| Lawrence County | 29109 | — | not_started |
| Lewis County | 29111 | — | not_started |
| Lincoln County | 29113 | — | not_started |
| Linn County | 29115 | — | not_started |
| Livingston County | 29117 | — | not_started |
| Macon County | 29121 | — | not_started |
| Madison County | 29123 | — | not_started |
| Maries County | 29125 | — | not_started |
| Marion County | 29127 | — | not_started |
| McDonald County | 29119 | — | not_started |
| Mercer County | 29129 | — | not_started |
| Miller County | 29131 | — | not_started |
| Mississippi County | 29133 | — | not_started |
| Moniteau County | 29135 | — | not_started |
| Monroe County | 29137 | — | not_started |
| Montgomery County | 29139 | — | not_started |
| Morgan County | 29141 | — | not_started |
| New Madrid County | 29143 | — | not_started |
| Newton County | 29145 | — | not_started |
| Nodaway County | 29147 | — | not_started |
| Oregon County | 29149 | — | not_started |
| Osage County | 29151 | — | not_started |
| Ozark County | 29153 | — | not_started |
| Pemiscot County | 29155 | — | not_started |
| Perry County | 29157 | — | not_started |
| Pettis County | 29159 | — | not_started |
| Phelps County | 29161 | — | not_started |
| Pike County | 29163 | — | not_started |
| Platte County | 29165 | — | not_started |
| Polk County | 29167 | — | not_started |
| Pulaski County | 29169 | — | not_started |
| Putnam County | 29171 | — | not_started |
| Ralls County | 29173 | — | not_started |
| Randolph County | 29175 | — | not_started |
| Ray County | 29177 | — | not_started |
| Reynolds County | 29179 | — | not_started |
| Ripley County | 29181 | — | not_started |
| Saline County | 29195 | — | not_started |
| Schuyler County | 29197 | — | not_started |
| Scotland County | 29199 | — | not_started |
| Scott County | 29201 | — | not_started |
| Shannon County | 29203 | — | not_started |
| Shelby County | 29205 | — | not_started |
| St. Charles County | 29183 | — | not_started |
| St. Clair County | 29185 | — | not_started |
| St. Francois County | 29187 | — | not_started |
| St. Louis County | 29189 | — | not_started |
| St. Louis city | 29510 | — | not_started |
| Ste. Genevieve County | 29186 | — | not_started |
| Stoddard County | 29207 | — | not_started |
| Stone County | 29209 | — | not_started |
| Sullivan County | 29211 | — | not_started |
| Taney County | 29213 | — | not_started |
| Texas County | 29215 | — | not_started |
| Vernon County | 29217 | — | not_started |
| Warren County | 29219 | — | not_started |
| Washington County | 29221 | — | not_started |
| Wayne County | 29223 | — | not_started |
| Webster County | 29225 | — | not_started |
| Worth County | 29227 | — | not_started |
| Wright County | 29229 | — | not_started |