Sunday, October 14, 2012

Tax Liens, Tax Deeds, and Tax Deed Overages.mp4

1 comment:

  1. In tax liens, you bid for the unpaid real properties tax of the property owner. If after the redemption period ff one year you your bid, the owner will not redeem his property, meaning the property owner was sleeping on the opportunity granted him by the state to redeem his property, he lost his right to become owner, because the holder of the lien bccomes the rightful owner of that property whose real property taxes are delinquent. In the tax deed, ownership is already in the hands of the state. This is onlytemporary as the business of the state is not buying and selling properties. Here the property including all of the unpaid taxes and those related expenses during the auction sale are added up. This will be the estimated amount of bid for the proeprty

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