Tax Deed FIPS: 05057 Post-Auction Land Sales (OTC) Available

Hempstead County Public Auctions & Sheriff Sales

Comprehensive guide to county sheriff foreclosure auctions, tax deeds, tax lien certificates, over-the-counter land purchases, and surplus funds in Hempstead County, Arkansas.

Statutory Rate
Direct Tax Deed Auction
Redemption Period
Post-Sale Limited Redemption
Bidding Platform
COSL Online Auction
County Population
19.343
Official Auction Access

Where to Bid on Hempstead County Auctions

Public delinquent property auctions for Hempstead County are managed by the Hempstead County Commissioner of State Lands (COSL) and hosted online via Hempstead County COSL Online Auction Portal.

Governing Statute: Ark. Code Ann. § 26-37-101
Open COSL Online Auction
Requires pre-registration & bidder deposit
Civil Court Executions & Mortgage Foreclosures

Hempstead County Sheriff Sales & Judicial Foreclosures

In addition to delinquent tax sales, the Hempstead County Sheriff's Office Civil Division conducts regular public foreclosure auctions ordered by the Circuit or Superior Court to satisfy mortgage default judgments, construction liens, and civil court executions.

Sale Location: Courthouse Steps or County Online Portal
Standard Deposit: 10% Certified Funds or Bank Wire
Title Status: Subject to Senior Mortgages & Federal Liens
🏷️
Zero Competition Land Purchases

Hempstead County Post-Auction Land Sales (OTC) (Over-The-Counter)

Parcels and certificates that receive no bids during the scheduled public auctions enter the county's permanent Post-Auction Land Sales (OTC) inventory. Any citizen or investor can purchase these parcels directly from the Hempstead County Commissioner of State Lands (COSL) over the counter for the delinquent taxes and fees owed, without competing in an auction.

How to Buy OTC Land Step-by-Step Contact Hempstead County Commissioner of State Lands (COSL) for the latest updated parcel list.
💰 Homeowner Rights & Excess Proceeds

Unclaimed Tax Sale Surplus Funds in Hempstead County

When a delinquent property is auctioned in Hempstead County for more than the outstanding taxes, penalties, and administrative fees, the resulting funds are termed excess proceeds (surplus funds). By law, these funds belong to the former property owner or their legal heirs.

Statutory Claim Window in Arkansas:
Claimable through State Auditor / COSL within 5 years. After this deadline passes, unclaimed funds typically escheat to the state treasury permanently.
Investor Auction Liquidity

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4 Steps to Bid on Properties in Hempstead County

1

Pre-Auction Due Diligence

Review the Hempstead County delinquent tax list published 4–6 weeks prior to the sale. Perform title searches on Parcel ID numbers to identify superior federal liens or mortgages.

2

Bidder Registration & Deposit

Register on COSL Online Auction at least 48 hours prior to auction start. Deposit required bidder funds (often 5% of anticipated bid budget or flat $200 deposit).

3

Auction Bidding Strategy

Bid price upward against competing buyers. Ensure you do not exceed your predetermined maximum acquisition budget.

4

Payment & Deed Issuance

Settle the remaining purchase balance within 24 hours. The Hempstead County Commissioner of State Lands (COSL) issues a certificate or records the tax deed with the County Recorder.

Frequently Asked Questions: Hempstead County Tax Sales

Is Hempstead County a tax lien or tax deed county? ▼

Hempstead County follows the Arkansas Tax Deed statutes. Bidders either obtain a first-position tax lien certificate earning Direct Tax Deed Auction statutory return or purchase physical real property deeds at public auction.

Can I buy Hempstead County tax properties online? ▼

Yes. Tax auctions are conducted through COSL Online Auction (https://www.cosl.org). Registered bidders can participate remotely from anywhere in the world.

What happens if a property does not sell at auction in Hempstead County? ▼

Unsold parcels are added to the Hempstead County Post-Auction Land Sales (OTC) list. These properties can be acquired directly over-the-counter through the Hempstead County Commissioner of State Lands (COSL) without an auction.