What is the advantage of purchasing a Tax Deed Sale vs a Foreclosure Sale?
When you purchase a property at a Tax Deed Sale you will receive the deed to the property, which means ownership and all rights associated. Government & local taxing authorities have put a lien on the property to collect the back taxes and this lien will take priority over 1st and 2nd mortgage liens and therefore wipe out all of those liens on the property. When you purchase a foreclosure property, you will be responsible for paying back any and all liens associated to the property.
