Oct 21, 2026 · in 20 days
Often still used for insurable title after tax sheriff purchase, especially where notice or Land Bank / city interest issues exist. Local counsel recommended.
Nothing left to show
Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Pennsylvania has no statewide assessment ratio. Counties assess against their own base years, some decades old, and the State Tax Equalization Board publishes a Common Level Ratio per county each year. Always use the county ratio. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.
IMPORTANT STATUS UPDATE: Philadelphia Sheriff tax sales were stalled after COVID (stopped Mar 2020; brief 2021 online restart shut down over contracting issues). After a multi-year hiatus, sales quietly resumed mid-2024 under a properly approved Bid4Assets contract and have continued into 2025–2026 with multiple monthly tax-delinquent sale dates (e.g. Aug 2026 dates posted). Market is ACTIVE again but inventory quality, Land Bank priority-bidder issues, and political risk remain. Confirm current sale calendar on Bid4Assets and phillysheriff.com before relying on liquidity.
Inherited from Pennsylvania rather than researched for Philadelphia: type, redemption, returns, statute.