Discover how tax lien foreclosure works, key differences from tax deed sales, and what happens if a property owner fails to ...
Normally when you buy a house, you don’t want a home with any outstanding liens against it. That’s also why you pay for a title company. But what happens to those houses with outstanding taxes? You ...
If property taxes are delinquent, the county treasurer is authorized to sell the property for unpaid taxes. Delinquent real property taxes go to tax lien sale annually, generally toward the end of the ...
Most states are categorized as either tax lien or tax deed states. Real estate investors in tax lien states often purchase tax lien certificates to make a profit from their investments, because the ...
Q. I’d like to purchase property at an upcoming tax-deed sale. What do I need to do, and what should I be aware of? A. Prior to the tax-deed sale, you’ll need to visit your local clerk of court's ...
A tax deed is a legal document that allows a city or county to transfer ownership of a property that has gone into tax foreclosure. This means the homeowner has failed to pay property taxes and the ...
How do “tax-deed sales” work? I see a lot of commercials on TV that say you can buy a really nice house at the sales for just a few thousand dollars if you pay the owner’s delinquent property taxes.
Winning bidders at auctions for property on which taxes have gone unpaid can assign their sale certificates to someone else at any time before the deed on the purchased land is issued, a sharply ...
The case affects more than 1,700 homeowners who lost their properties in tax sales, but whether the county owes them money ...
A federal court judge recently ruled the most egregious feature of Illinois’ tax sale law, allowing for the total loss of ...