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When I invest in a Tax Lien and the property owner pays their taxes, what happens?

April 26, 2017happens invest lien owner pays Property tax taxes

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When I invest in a Tax Lien and the property owner pays their taxes, what happens?

1 Answer

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When the property owner pays the county the taxes, the county will then send a check to the Tax Lien holder that will include principle plus interest and/or penalties due. Remember, the property owner has a specific period (redemption period, usually 1-3 years) to complete payment to the county.