The premium paid by the successful bidder is kept on deposit with the municipality for up to five years.
April 30, 2014 at 8: A tax sale certificate validates the amount of unpaid taxes and assessments on the property described in the certificate. April 29, 2014 at 12: Second question: I have around 20K sitting in a useless bank account begging to earn something.
Hi Deb — great question. The purchaser also has the right to foreclose the tax lien and take title to the property if the lien is not paid.
We purchased a piece of property that was 3 years of taxes owed on it. I have a dumb question, if you pay the back taxes, and there is a three year wait after the date of the tax lien sale, do you pay the next two years taxes as well when they are due?
December 16, 2017 at 9: If you are interested in participating in a tax lien or tax deed sale, probably the fastest way to find a sale is to contact your county government's office for specific information and details about potential sales and the properties involved. A property-tax lien is a legal claim against a property for unpaid property taxes. I have no stomach for this sort of investing.
It has been very helpful. January 28, 2019 at 3: Partner Links. A month from my roommate that i got. I have a question.
Thank you for writing such a brilliant post. Thanks for your article.How to Buy Tax Sale Properties and when to Quiet Title