Questions About Tax Lien and Tax Deed Investing
Shown below are categories for our tax lien and tax deed investing questions.
What is a Tax Sale?
Answer
The legal process of selling property for the unpaid taxes is commonly called "Tax Sale" or "Tax Auction". Regardless to the name given, the sale is held at a time, place and location ordered by the Court and it is a public auction.
Category
Tags for this item
Over the past years as we have fielded thousands of tax lien and deed calls and emails from students around the world, we have noticed a few things. The first thing we have noticed is that we were pretty much asked the same questions by all students. In order to better serve our students we decided to post the most frequently asked questions on the website. This saves the students time and effort by bringing the questions right to noriskinvestor.com rather than forcing them to call in to get answers to their questions. The students can get answers to many questions including the following:
- Does the tax certificate expire?
- How can I find out about public tax lien auctions?
- How can I make money in tax lien investing?
- How do I acquire a tax lien certificate?
- Which county sells the most tax liens?
- Will I get my money back if the property is redeemed?
- How much money do I need to have to get started?
- What is a Tax Sale?
- Will the foreclosed property go to auction through a tax deed sales sale or do I get to own it?
- If this is such an incredible and safe investment why aren't more people doing it?
- Are there any differences between buying at a public auction versus buying from an "Transfer Of Ownership"?
- Do I need a lawyer to proceed with a foreclosure?
- How do I collect my interest payments?
- Is there any risk involved?
- What happens if the property owner doesn't pay back the taxes during the allotted time?
