9 Joes Rd, Columbia, MS 39429
Columbia, Marion County, MS 39429
Opening bid
$22,000
−60% below assessed
Assessed
$55,000
Investment Analysis (Pro)
Property Details
Notes
Mississippi substituted trustee's foreclosure sale under Miss. Code 89-1-55, held at the county courthouse. Scheduled per case rather than on one monthly date. Sale window 11am - 4pm. The firm directs bidders to Auction.com.
Distress timeline
Sources: Rubin Lublin (MS foreclosures) · RealtyBid
Due diligence checklist
- 01
Pull a title report
Confirm what liens survive the sale. Many tax sales wipe junior liens but not federal IRS or municipal liens. A title company can run this for ~$50-150.
- 02
Drive by the property
Check occupancy, exterior condition, signs of vandalism, neighborhood comps. You won't get inside before the auction in most cases.
- 03
Have funds ready before bidding
Most sheriff/tax sales require payment same-day or within 24 hours via cashier's check or wire. Pre-approval letters are not accepted.
- 04
Run the numbers
Add holding costs (taxes, insurance, utilities), renovation budget, and selling costs to your max bid. A property at 60% of ARV often needs 30%+ in repairs.
- 05
Talk to a real-estate attorney
Distressed sales in MS have rules that vary by county. A 30-min consult before your first auction is worth it.
Disclaimer: Property data is collected from public county records and may not be fully current or accurate. Always verify information directly with the county before making any decisions.