Forum : Are there any risks involved in buying tax liens?

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Are there any risks involved in buying tax liens?

UserPost

3:28 am
April 6, 2009


RhiashleighStar

Guest

1

The interest rate is about 16-18% on the lien, right?  How long does the owner have to pay the tax lien off? What are the risks?


Thanks in advance

7:21 am
April 6, 2009


Josh

Member

posts 158

2

RhiashleighStar said:

 How long does the owner have to pay the tax lien off?


It varies from state to state, sometimes up to three years.

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