Forum : Tax liens investing in Georgia.

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Tax liens investing in Georgia.

UserPost

12:32 pm
April 11, 2009


Legend11

Guest

1

I just want to know how this whole thing works, I'm in Georgia. Thanks

2:09 pm
April 11, 2009


S_Johnson

Member

posts 133

2

You purchase the tax liens, and then if the owner pays his taxes, you get your money back plus the interest that you have earned. If he doesn't that depending on the state the property either goes for foreclosure or get a dead on it.

2:11 pm
April 11, 2009


DragonDust

Member

posts 172

3

Contact your county's office and ask for more info.

2:11 pm
April 11, 2009


jozzy111

Member

posts 131

4

Even if the property is foreclosed everybody can bid on it, and the highest bidder will buy it, then he must pay the lien holder. You being the lien holder means only that you will get your money back + the interest.

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