New Hampshire follows a tax deed process for property tax sales. Tax deed sales are conducted through public oral auctions overseen by the local tax collector in New Hampshire. The auctions use the premium bid method. Under this method, the successful bidder at the auction is determined not only by the highest bid amount but also by the premium offered. The premium is an additional percentage or amount that the bidder is willing to pay on top of the base bid price. The bidder with the highest combination of the base bid and premium is awarded the tax deed.

Tax Deed Process
In New Hampshire, tax deed sales start with public oral auctions. The auction is typically organized and overseen by the local tax collector. The specific auction times and locations are usually determined by the municipality where the property is located.

Interested bidders can attend the auction in person to participate and place their bids on the properties being sold. It is advisable to check nhtaxdeedauctions.com for updated information on auction times and locations.  The auction process provides an opportunity for bidders to compete and acquire tax deeds for properties that have delinquent taxes.

Auction registrants must provide a $1,000 deposit in cash or personal check. Unsuccessful bidders will have their deposits returned, while successful bidders will be required to provide an additional deposit.

Due Diligence: Bidders are responsible for conducting their own research on each property before participating in the auction. It is essential to gather information and assess the property’s suitability before making a bid.

Buyer’s Premium: A buyer’s premium of 10% of the successful bid (base price) is added to the purchase price.

Closing and Transfer of Title: Closing occurs within 30 days of the sale at a designated law office. The successful bidder signs a Memorandum of Sale and provides a deposit. Failure to meet the terms of the sale may result in forfeiture of the deposit.

No Warranty of Title: The properties are conveyed “AS IS, WHERE IS, WITH ALL FAULTS.” The Municipality does not provide any warranty or representation regarding the quality of the title or property’s suitability.

Bidders are required to sign a “Bidder’s Registration and Acknowledgment” to participate. The Municipality reserves the right to make changes to the properties, minimum bid amounts, auction schedules, and other necessary actions to facilitate property sales.