Tax Liens Sales

What risks are involved in buying tax sales?

Name the risks involved in buying tax sales at a county auction... I am not talking about tax lien certificates.

Public Comments

1. there's often a reason the property owner let the county have the property, make sure that the property is worth more than the amount of tax owed.
2. There is a good chance that after all the research you have done to find a tax lien property, the property may be redeemed by the owner just prior to the sale. Since the bids are sealed you don't know what the other bidders are offering and if you have not properly determined the market value, you may overbid on a piece of property.