Reutilization Commission (LRC)
Serving Douglas, Sarpy and Otoe
Counties of Nebraska
How do I Use This Information?
The following lists include real estate that has been foreclosed due to nonpayment
of property taxes.
The appraised value is listed for those that have been appraised.
If you don't agree with the appraised value, you may have the property reappraised.
To do this you will need to submit your reasons for the lower value in writing, along with a nonrefundable reappraisal fee.
All monies paid to the LRC must be in the form of a Cashier's check, Money Order, or a Certified check. No personal checks or cash accepted.
Can I Buy This Property?
"Covenant Applies" - On October 19, 2007 the LRC Board approved a covenant that requires the purchaser to commence construction of a dwelling within one (1) year and complete the construction within one (1) year of commencement.
What's the Catch? It Sounds Too Simple!
Transfer of the Title takes approximately sixty (60) days. During that time, the County Attorney notifies the current title and lien holders of the potential sale of the property. The owner of the property must pay all taxes and costs in the foreclosure in order to stop our sale. If the owner does not pay the taxes, the County Sheriff's staff will prepare a Sheriff's Deed for the LRC.
When Will I Receive My Deed?
As soon as the LRC receives a Sheriff's Deed, you will be notified and given twenty (20) days to make the final payment including closing costs of $165.00. After your final payment has been made, a Special Warranty Deed will be prepared by the LRC. The County Treasurer cancels unpaid taxes and the property is restored to the tax roles for the new tax year. There may be a large difference between the LRC sale price and the assessed value for real estate taxes. Contact our office for the current value.
Foreclosed Property Sales
Land Reutilization Commission
1819 Farnam St., Suite 910
Omaha, Nebraska 68183
©2003-2017 by Land Reutilization Commission.
David G. Schreiner, Director
Chris Rodgers (County) Lacey Merica (OPS) Ben Gray (City)
Information Contact: LRC Nebraska Staff
Website Contact: Webmaster
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