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Tax Liens Discussion Board  


Boardwalk :: Forum List Tax Liens General Discussion
bxhmong
User

New User
Posts: 3
graphgraph
 
 hi - 2007/09/18 09:17 hi... i have some more questions to ask...

on the article "Buying a Tax Lien Certificate" on your site...it writes...

If the lien is not paid by the set deadline, the investor of the tax lien certificate can foreclose on the lien and obtain the deed to the property.

is the deed a tax deed?
if you obtain the deed to the property, then is the property yours to have?

i want to know as much as i can before i jump on this kind of investment....thanks for your time...
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Luanne
Admin

Admin
Posts: 70
graph
 
 Re:hi - 2007/09/18 14:17 Yes, once a tax foreclosure auction occurs (tax deed ) auction you have ownership of the property after the redemption period has lapsed. Some redemption periods end the very next day, others may go up until 6 months from the auction date.


Thanks,

Luanne
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Boardwalk :: Forum List Tax Liens General Discussion

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