County Tax Lien Sales

Tax Lien Sale

At this stage, you probably know that the county tax office places a tax lien on a property which has unpaid taxes and sell it to investors in order to recoup the lost tax revenue. If you plan to be an investor of tax lien certificates, you have to note that laws and methods may be different in each counties and states. Due to this, you will have to learn and understand your chosen state or county’s tax lien purchasing rules and processes by paying a visit to the tax office or county courthouse for detailed information. Most likely, they will properly explain to you the procedure of the sale.
Most counties have their tax sales at a county courthouse. Now, tax lien sales may be held several times in a year while other large municipalities only hold one tax lien sale auction per year.

So when you get the schedule for an upcoming tax lien sale, obtain a property list from the county tax office. Since the property information will not be very detailed during auction, you will have to do proper research and due diligence about the properties you plan on bidding to. Remember, check out the properties in the auction list before deciding to bid on any of them. Make sure that the property you are going to bid will be profitable.

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