How Do You Buy Tax Foreclosure Homes Free & Clear?
Local governments have the authority to seize property for which property tax has not been paid. Normally, a tax lien will be placed against the property and the owner will have a statutory redemption period of 1 to 3 years in which the property may be redeemed by paying off the lien. If the deadline is not met, the government will foreclose on the property and auction it at a tax deed sale. Although winning bidders are offered no guarantees on the title to the property, it is nevertheless possible to obtain clear title. Subscribe to an online tax deed sale database. These sites offer nationwide information, and some of them offer limited inforrnation free of charge. Locally, read the legal notices that the county publishes in the newspaper it uses to advertise such tax sales. Select tax deed sales you are interested in. It is best to select sales that offer more than one property that you like, in case the primary property is taken off the market before the tax deed sale. Contact the
