Fairbanks North Star County, AK tax sales

County offices

County notes

• •The Fairbanks North Star Borough forecloses delinquent property tax liens through a three-year process run by the Tax Foreclosure section of its Treasury & Budget Division, then sells the parcels it acquires.
• •The next Tax Foreclosure Sale is set for September 10, 2027. The Borough holds these sales at least once every two years.
• •The sale list runs as a legal ad in the Fairbanks Daily News-Miner and on the Borough's FDNM Legal Ad page, which is updated as parcels are removed. The interactive map is not updated, so confirm each parcel with the office.
• •The Borough does not publish a sale venue, platform or bidder terms. Call (907) 459-1238 or email foreclosure@fnsb.gov before the sale.
• •The Division of Natural Resources Development sells other appraised Borough land by sealed bid and over the counter; that program is separate from the tax foreclosure sale.

Alaska rules

Redemption

Redemption runs against the municipality, before any investor is involved. The judgment transfers the parcel to the municipality, which must hold it for at least one year; during that time anyone with an interest may redeem. At least 30 days before the period ends the clerk publishes an expiration notice once a week for four weeks (or posts it where there is no newspaper) and mails it by certified mail to the record owner and, where the assessed value exceeds $10,000, to mortgage and lien holders; the right of redemption expires 30 days after the first publication. The former owner keeps possession during redemption unless waste is committed. After the clerk's deed, the record owner at foreclosure (or assigns) may still repurchase within 10 years, but only until the municipality sells or contracts to sell the parcel, and the right ends if an ordinance retains it for a public purpose. A buyer at the municipality's sale therefore takes with no redemption or repurchase right outstanding.AS 29.45.400 - properties held by the municipality at least one year; any party having an interest may redeemAS 29.45.400Verified Sep 27, 2026

Deed deposit

Not set by statute. Deposit, bidder registration and payment form are fixed in each sale's terms. Example: the Matanuska-Susitna Borough requires in-person registration before bidding and accepts only money order, cashier's check or cash, with no financing.AS 29.45.460 - ordinance decides retention for public purpose; property not needed may be soldAS 29.45.460Verified Sep 27, 2026

Surplus proceeds

Sale proceeds, less collection costs, are divided between the borough and the city in proportion to their taxes at foreclosure. If the property was held by the municipality for less than 10 years after the close of the redemption period and was never designated for a public purpose, the former record owner is entitled to the proceeds above unpaid taxes, the taxes that would have accrued after foreclosure, penalty, interest, foreclosure and sale costs, and net carrying costs. The municipality must mail the former owner written notice of any excess and how to claim it, and a claim filed more than six months after the sale date is forever barred. The statute as read on 2026-09-27 still carries the 10-year and public-purpose limits; see _verify_notes.AS 29.45.480 - proceeds split between borough and city; excess to former record owner if held under 10 years and never designated for public purpose; six-month claim barAS 29.45.480Verified Sep 27, 2026

Governing statute

AS 29.45.240AS 29.45.240 - rate of levy, equalization date and delinquency date fixed by municipal resolution; tax statements mailed by July 1AS 29.45.240Verified Sep 27, 2026

A tax deed does not convey marketable title. Most buyers file a quiet title action before they can resell or insure the property. See the due diligence guide.

See the full Alaskarules and every county →