After the government has taken control of Tax Lien Foreclosure Properties, the next step is for them to seek to sell it as a tax lien foreclosure property at public auction. Tax Lien Foreclosure properties are sold off as a means of raising the money necessary to unburden the government agency of their loss due to the unpaid property taxes. Once the tax lien foreclosure properties are sold to the person with the highest bid, the money raised at a tax lien auction goes straight to the appropriate government authority. Each bank, or tax official, has its own way of handling the sale of a Tax Lien Foreclosure Property. It varies from official to official. The sale of Tax Lien Foreclosure Properties are generally held at a courthouse or on the property that is being auctioned off. So there isn't a set way that the sale of delinquent property is sold. The one constant is that the person that the lien is being held against cannot buy his or her property back. That is the law. Not even family members can bid on the tax lien property. Again, the law strictly enforces this. Tax lien foreclosure properties can be very lucrative investment opportunities for homebuyers and real estate investors. Since Tax Lien Foreclosure Properties absolutely must be sold in order to produce any value for the government, most tax lien foreclosure properties are allowed to be undersold, simply so that they will produce at least part of the necessary revenue. In fact, it's often possible to find Tax Lien Foreclosure Properties going at anywhere from 30 to 60% below what they would normally sell for on the open market. Therefore Tax Lien Foreclosure Properties are a very hot commodity among savvy investors. Tax Lien Foreclosure Properties are one of the best ways to find great deals on properties of incredible quality. There are all sorts of other properties for sale due to liens that have been unpaid as well, which can go for similarly low prices. There are bank lien homes, homes that are on sale as a result of a defaulted mortgage, and even properties being sold due to an unpaid property or homes tax lien. No Risk Investor is the ultimate resource and tool for tax lien, deed, and real estate investors all over the world.  No Risk Investor takes incredible pride in its ability to help students take action, get into properties, and begin the journey to financial freedom.  No Risk Investor provides county lists, property lists, online auction lists, comprehensive training and education, an auction calendar, and online auction center, an investor community and much more for its members.