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When a local (typically county) government needs to collect past-due taxes from a property owner, they ask investors to come pay the bill.In exchange for paying the past due taxes, investors become lien holders of the property--which means if the owner wants to get their property back, they must pay back the investor--including interest.
Below [...]
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In this guide, I’ll break down what you need to know about tax deed sales for every single county in Florida, as well as the important sale dates and the process for bidding within each county.
But before jumping into that..let's go over the basics.
The first thing you need to know about Florida is that it [...]
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Many new investors wonder whether their state does tax liens or tax deeds.
The following states hold tax deed sales:
Alaska
Arkansas
California
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Kansas
Louisiana
Maine
Massachusetts
Michigan
Minnesota
Missouri
Nevada
New Hampshire
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Dakota
Tennessee
Texas
Utah
Virginia
Washington
Wisconsin
Within each state, counties make their own rules and schedules for when tax deed properties come up for sale.
States that do not allow tax deed sales (as well as the [...]