Acquire properties for pennies on the dollar by investing in tax deeds. Learn how to take advantage of these opportunities on Foreclosure.com.
Tax deeds are sold in almost every state throughout the United States. And, the bargains can be unbelievable because you are bidding for the property at tax deed sales.
Thousands of dollars could be hidden right around the corner!
Every homeowner must pay some sort of real estate tax to the government. If a homeowner fails to pay the required taxes on his or her property, the county will offer the property up for sale at an auction to help generate the lost tax income.
During a tax deed sale, the property is usually sold for the back tax amount plus any fees, interest charges, and court costs. Because property taxes are a small percentage of market value, investors purchasing a tax deed can acquire full property rights at a fraction of the market price.
By law, tax deed sales must be announced to the public, and are usually sold to the highest bidder. The winning bidder purchases the deed to a piece of property, becoming the new owner and obtaining all rights to the property – clear of any mortgages, liens, deeds of trust, etc.
As with any real estate investment, we recommend that you thoroughly research the property involved in the tax deed sale beforehand to minimize the risks. It's important that you view the property and research its value before your purchase a tax deed.
To find the dates and times for these sales, contact the county office in which you desire to purchase a tax deed or check the local area newspaper. Even better, you can search Foreclosure.com, which offers more than 1.8 million preforeclosure, foreclosure, bankruptcy, FSBO, and tax lien listings conveniently in one place.
Every listing on our Web site contains contact information so that you can learn more details about the opportunity. We also offer articles, resources and links that will help you learn more about how to buy tax deeds.
We take tremendous pride in delivering you the most accurate and complete property listings in the country. See for yourself by visiting Foreclosure.com today.