Tax Liens Sales

I bought a lien at tax sale auction & someone paid last years This year hasnt been paid. Can I still win this?

Public Comments

  1. Probably not. Where I am, taxes for this year are not due until next year. At least I hope you got some high interest on your note while you carried it (where I am it's 18%).
  2. You don't "win" a tax lien auction by getting title to a piece of property. If you are incredibly lucky you can perfect your lien if it isn't paid off by the owner. They have a period of time(set by law) to pay the lien and if they do (which is what happens 99.999% of the time) all you receive is the interest. In spite of all the infomercials you see on TV it is very rare to actually acquire real estate via a tax lien.
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