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Phelps County, Nebraska Government Auctions

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

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HUD HomeStore

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515 Blaine St, Holdrege, NE

Holdrege, Nebraska

HUD-owned (FHA) foreclosed home at 515 Blaine St, Holdrege, NE 68949, FHA case #321-350439, currently listed for sale on HUD HomeStore (acquired by HUD 2020-01-14). 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.

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How these sales work

Buying government property in Phelps County

Nebraska is a tax lien state

Nebraska county treasurers sell tax sale certificates on the first Monday in March, with many counties using a round-robin or online format. The holder earns statutory interest and may seek a treasurer's deed or foreclose after three years.

Redemption period
The owner has three years from the sale to redeem; after that the certificate holder may apply for a treasurer's deed or file a foreclosure, and the certificate expires if neither happens within the statutory window.
Interest or penalty
Certificates earn 14% annual interest, the commonly cited Nebraska rate.
Full Nebraska 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.

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