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Has Anyone Ever Purchased Property In A County Tax Lien Sale? |
I will be attending our county's tax reduced in price on the market in October, and I was wondering if anyone has any experience buying property at such a sale. Was it a good or bad meet with? Did the defaulting owner ever redeem the property? Or did you end up with a quitclaim deed, and if so, how long did it take? Thanks!
| Answer: Yes, I have been to many auctions. I have enchanted deeds (after 2-3 year redemption periods), I have received interest returns from tax liens that were paid off (in the main in 3-4 months). It is a very good investment vehicle. As for your questions, there's so many rules that you have to give some more info on what rigorous state or county you are looking at. Also if you want more info on how to invest the right way, you should look into buying a words called the Complete Guide |
by David Chapman, Shaft Writer Certificates of sale for all unpaid real estate taxes in Duval County will be close by for sale to the public May 30, generating revenue for the City and a potential reparation on investment for opportunists.