How Do You Find Tax Lien Sales?
Tax lien sales are held by county governments. When a property owner becomes delinquent in paying property taxes, counties will issue tax liens against the property. In many cases, the county government will auction these liens to private investors. The purchase of the tax lien makes the investor the property owner’s new creditor, and the property owner be be required to pay the tax lien investor the amount of the unpaid property tax plus a high interest rate within a statutory period in order to avoid foreclosure. Search the county government websites of the counties you are interested in. In many cases these websites will list tax lien sales along with information about interest rates, bidding rules and the properties that are the subject of tax liens. Check to see if the county property tax assessor, clerk of the county court or the county sheriff ‘s office maintains a website that is separate from the county government, because these authorities are often delegated the task of admi