How Do You Buy Properties At The Los Angeles County Tax Auction?
Tax auctions can be great ways to invest in properties, with properties priced way below market value up for grabs. However, it’s not as easy as the infomercials would like you to believe! California is one of the only states that allows you to buy a property outright at a tax auction. Most states only sell you a lien, or the right to earn a high rate of interest on the delinquent property taxes. Los Angeles County has one of the biggest property auctions in the state. These auctions are typically held annually in February, although at times they’ll schedule a second auction date for unsold properties. Participating in a tax auction can be fun, but it is also a lot of hard work if you want to protect yourself from possible nightmares afterwards. Keep reading for some tips for a successful tax auction experience. Register for the Auction. Los Angeles County Tax Auctions are usually in February, although at times they will schedule a second auction later in the year. The final date to re
