I think you can just buy the tax liens at these sales.
If the tax liens are not redeemed, you get the property after a certain point in time.
Otherwise you get to collect the interest and late fees for yourself. They are usually a pretty good return on your money even if you don’t get the property.
« http://www.secretsoftaxlieninvesting.com,tax deed sales florida,tax default houses,tax foreclosure list,real estate guru,invest in tax lien,buy tax lien properties,tax lien sales online,taxsales,taxsale | Home | http://www.secretsoftaxlieninvesting.com,buy tax deed,tax lien and deed,tax on deed,tax lien and tax deed,tax and deed,fl tax deed,virginia tax deed,county tax deeds,tax deed sale florida »
5 Responses to “can you really buy property at tax lien sales?”
yep. your local courthouse will have auctions on the front steps about once a month. (more often if you live in a "we don’t pay taxes here" kinda town.)
Comment made on July 13th, 2009 at 11:47 amReferences :
I think you can just buy the tax liens at these sales.
If the tax liens are not redeemed, you get the property after a certain point in time.
Otherwise you get to collect the interest and late fees for yourself. They are usually a pretty good return on your money even if you don’t get the property.
Comment made on July 13th, 2009 at 11:53 amReferences :
http://www.First-Time-Homebuyers-Loans.com
http://www.IDoHomeLoans.net/home-loan-blog
yes and you can name the interest rate, too.
Comment made on July 13th, 2009 at 12:07 pmReferences :
Yes, you can. Its also call Tax Certificate. In FL you have to wait until 2 yrs you can foreclose the house.
You can charge interest upto 18% a year.
Comment made on July 13th, 2009 at 12:19 pmReferences :
In CA, property owners must be delinquent for 5 years before they are auctioned off on the courthouse steps, held once a year. Cash only though.
Comment made on July 13th, 2009 at 12:50 pmReferences :
Leave a Comment