Tax Sales

Tax sales offer a great way to get started in the real estate market. Counties across the nation offer amazing investment opportunities.

NATIONWIDE TAX SALES SEARCH

At tax sales, you can sometimes buy a property for a small fraction of its market value. Or, you can collect a high interest rate of 16 to 18 percent when the lien is paid off.

Either way, tax sales offer potential win-win investments.

To compensate for lost income from delinquent taxpayers, county governments offer tax sales at public auctions. Essentially, when you purchase a lien or deed at a tax sale, you are paying the taxes on behalf of the delinquent homeowner.

In return, you usually receive the principal paid for the lien plus any interest that has accrued after the delinquent taxpayer pays off the late taxes. Or, if the late taxes are not paid by a specified date, you could foreclose and take title to the property.

There are two types of tax sales – tax lien sales and tax deed sales.

In a tax lien sale, a county government will sell its right to the tax lien on the real estate property, allowing a buyer to bid on the tax debt. In a tax deed sale, the county government will sell full ownership and possession rights of the property.

Both types represent safe and rewarding investment opportunities.

It is critical that you understand which type of sale you are attending, because each has specific rules and guidelines that can differ greatly from county-to-county.

Rather than going through the hassle of contacting each county government for details about potential tax sales, you can search for these great deals on Foreclosure.com. We offer one convenient place that you can find more than 1.8 million preforeclosure, foreclosure, bankruptcy, FSBO, and tax lien listings. And, we ensure that there is contact information for every listing!

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