Forum : How do I buy tax lien properties?

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How do I buy tax lien properties?

UserPost

4:31 am
April 17, 2009


photo3

Guest

1

I just want to know how I can buy tax lien properties for cheap. Thanks.

4:53 am
April 17, 2009


S_Johnson

Member

posts 133

2

Tax liens are simply certificates, which earn you interest rate. They have redemption period, after which if the owner doesn't redeem, you can foreclose on the property – this almost never happens!
You should look for tax deed sales if you are after the property.

5:13 am
April 17, 2009


DragonDust

Member

posts 172

3

That is correct – tax deed sales are forced sales since the owner didn't pay his taxes. Anyway, you should buy a book and read a bit about buying tax deeds.

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