Has anyone had some success buying Tax Liens / Deeds?

Question

Share your experience about buying property at Tax Auctions.

Answer 1

i have purchased Tax liens in my home county. If you land one that is not redeemed ( and you know what you are doing when you bid) you could make alot of money. Most are redeemed, however, but you earn interest at a very good rate. Assuming you know the ropes in your juristiction you can make decent interest with the potential for a big payout.

Answer 2

First you're the two paying for a tax lien certificates or a tax deed. in case you will a tax lien certificates sale you won't be able to purchase before the sale because of the fact the home proprietor nonetheless has time to pay the delinquent tax debt. in case you will a tax deed sale. in maximum situations, if a date has already been set and publicized, then you definately in all possibility isn't waiting to purchase before then the two. in spite of the shown fact that, after the sale they could sell any final tax deeds that did no longer sell on the sale. it is termed, "over the counter." maximum sales have their very own regulations govern purchase state regulation and authorized government officers. the simplest thank you to be sure is only call the branch it is keeping the sale and ask them.

Answer 3

I heard that most liens end of getting paid before you can repossess the property but who knows if you can buy a 400 thousand property with a $20,000 tax lien thay would be like hitting the jackpot right????

Answer 4

I've seen the commercials myself and wondered if they were real. I asked a similar question a couple of weeks ago and got no real good answer. Good Luck with your quest.