Tax Lien & Matured Deed FIPS: 28037 State Public Lands Division OTC Sales Available

Franklin 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 Franklin County, Mississippi.

Statutory Rate
18% Annual Interest (1.5% per Month)
Redemption Period
2 Years Statutory Redemption
Bidding Platform
GovEase
County Population
7610
Official Auction Access

Where to Bid on Franklin County Auctions

Public delinquent property auctions for Franklin County are managed by the Franklin County Chancery Clerk & Tax Collector and hosted online via Franklin County GovEase Portal.

Governing Statute: Miss. Code Ann. § 27-41-55
Open GovEase
Requires pre-registration & bidder deposit
Civil Court Executions & Mortgage Foreclosures

Franklin County Sheriff Sales & Judicial Foreclosures

In addition to delinquent tax sales, the Franklin 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

Franklin County State Public Lands Division OTC Sales (Over-The-Counter)

Parcels and certificates that receive no bids during the scheduled public auctions enter the county's permanent State Public Lands Division OTC Sales inventory. Any citizen or investor can purchase these parcels directly from the Franklin County Chancery Clerk & Tax Collector over the counter for the delinquent taxes and fees owed, without competing in an auction.

How to Buy OTC Land Step-by-Step Contact Franklin County Chancery Clerk & Tax Collector for the latest updated parcel list.
💰 Homeowner Rights & Excess Proceeds

Unclaimed Tax Sale Surplus Funds in Franklin County

When a delinquent property is auctioned in Franklin 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 Mississippi:
Claimable within 2 years from Chancery Court. 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 Franklin County

1

Pre-Auction Due Diligence

Review the Franklin 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 GovEase 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 down the interest rate from the statutory 18% Annual Interest (1.5% per Month) cap to win the lien certificate.

4

Payment & Deed Issuance

Settle the remaining purchase balance within 24 hours. The Franklin County Chancery Clerk & Tax Collector issues a certificate or records the tax deed with the County Recorder.

Frequently Asked Questions: Franklin County Tax Sales

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

Franklin County follows the Mississippi Tax Lien & Matured Deed statutes. Bidders either obtain a first-position tax lien certificate earning 18% Annual Interest (1.5% per Month) statutory return or purchase physical real property deeds at public auction.

Can I buy Franklin County tax properties online? ▼

Yes. Tax auctions are conducted through GovEase (https://www.govease.com). Registered bidders can participate remotely from anywhere in the world.

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

Unsold parcels are added to the Franklin County State Public Lands Division OTC Sales list. These properties can be acquired directly over-the-counter through the Franklin County Chancery Clerk & Tax Collector without an auction.