Sep 27, 2026 · 4 days ago
Consult counsel for marketable title; insurers often scrutinize tax-forfeited residential chains.
Minnesota tax-forfeiture deed county. After forfeiture to the State, Wright County Finance & Taxpayer Services manages parcels and sells via online Public Surplus auctions and periodic over-the-counter (OTC) sales (first-come/first-served; e.g. OTC events and rolling PDF available lists). County GIS dashboard maps available (green) vs sold (red) tax-forfeited parcels. 3% state assurance fee collected at sale plus recording/deed fees and any platform fees. Twin Cities northwest exurb (Buffalo, St. Michael, Otsego, Monticello, Delano).
Inherited from Minnesota rather than researched for Wright: type, redemption, returns, statute.
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Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — Minn. Stat. § 273.11 subd. 1: "all property shall be valued at its market value." Class rates under § 273.13 are applied afterwards to compute tax capacity and do not reduce the assessed value. The estimated market value is also what § 282.005 uses to set the opening price at a tax-forfeited sale. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.