Luanne
Admin
Admin
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Re:Tax Lien - 2007/03/29 21:14
Hi Maung,
First things first. You can only purchase a tax deed from auction if California.
The way you profit on a tax deed is by purhcasing the property much lower than market value. Then you can "flip" it for a profit.
The key is finding a good property and being able to bid on it. Sometimes bids go into the tens of thousands so you must have that kind of capital available.
Thanks,
Luanne
TaxLiens.com
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