The local government issues tax lien certificates and they are the senior liens on the property. The county and municipality have the responsibility to conduct the sale fairly, and they have the authority to award you the right to foreclose on the property if the taxes aren't ultimately redeemed (paid). At that time, you'll own real estate for the taxes you paid plus any foreclosure costs. But remember: When you purchase a Tax Lien Certificate, you are buying delinquent taxes, not real estate.
Read More...
[Source: Investing Articles from EzineArticles.com - Posted by FreeAutoBlogger]
Tax Lien Certificates, 25 Most Commonly Asked Questions
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment