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Boardwalk :: Forum List Tax Liens General Discussion
b3ck
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 Minnesota - Tax Liens - 2007/05/18 06:18 Why would you even go through the trouble of putting up Tax Lien properties for Minnesota if they no longer offer such a thing;


TAX LIENS:
Minnesota Tax Lien Judgement Certificates are no longer sold. The certificate sale process was abolished by the Minnesota Legislature in 1974 as found in Minnesota Statutes, Chapter 280.001.
If delinquent property taxes remain unpaid, title to the land and buildings will then Forfeit and "absolute title thereto has vested in the State of Minnesota" as described in Minnesota Statutes, Chapter 281.23, Subdivision 9. The period of redemption are described in Minnesota Statutes, Section 281.17.


Just Wondering,
-Sean
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Luanne
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 Re:Minnesota - Tax Liens - 2007/07/03 16:23 Hi Sean,

Thanks for your feedback on our tax lien discussion board.

That is a good question. Some people are only aware of tax lien investing when there are multiple tax sale options available such as tax lien investing and tax deed investing.

There are actually plenty of tax lien properties in Minnesota; the county just does not offer these liens for auction. Instead, the liens that remain unpaid after a certain amount of time go to a tax deed auction where investors are available to acquire and actually own the property.

So to answer your question, yes there are tax liens in Minnesota. And you are correct, you can not invest in a Minnesota tax certificates; however you can still view tax liens that will ultimately be offered as tax deeds.

Unfortunately tax lien and deed investing can get quite confusing.

Good luck and perhaps we'll see you at a Minnesota tax deed auction!

Thanks,

Luanne
Taxliens.com Admin

Post edited by: Luanne, at: 2007/07/03 16:25
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Boardwalk :: Forum List Tax Liens General Discussion

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