Clay County, Iowa Government Auctions

1 open listing in Clay County, including 1 HUD REO home. Every listing links to the official source to bid.

Open now in Clay County

Real Estate

HUD HomeStore

Open

334 W 2nd St, Spencer, IA

Spencer, Iowa

HUD-owned (FHA) foreclosed home at 334 W 2nd St, Spencer, IA 51301, FHA case #161-286825, currently listed for sale on HUD HomeStore (acquired by HUD 2020-03-02). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

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By sale type

HUD REO home1

By source

HUD HomeStore1

How these sales work

Buying government property in Clay County

Iowa is a tax lien state

Iowa county treasurers hold an annual tax sale on the third Monday of June, selling tax sale certificates on delinquent parcels. Bidders compete by offering to buy the smallest undivided share.

Redemption period: Owners commonly have about one year and nine months before the certificate holder can serve a 90-day notice of expiration; redemption ends when that notice period lapses.
Interest or penalty: The certificate earns 2% per month on the amount paid, which is the commonly cited Iowa rate.

Full Iowa guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.