How To Buy Tax Lien Properties at Buying

How To Buy Tax Lien Properties. Learn about tax liens and real estate auctions: The lien is the amount owed and must be paid in order for the sale or refinancing of the property to go through.

In most states, the tax collector holds an auction once a year to sell tax liens. The homeowner only has to pay you the back taxes plus interest, not any additional funds you paid for the lien. Investors can purchase property tax liens from a municipality, allowing them as the new lien owner to collect payments with interest from the property owner.

Christine Schuster ConnectedInvestors

Other forms of tax debt can also lead to a tax lien on the property. Before you arrive at the tax lien auction you should have done a lot of homework. Once your price quote is processed it will be emailed to you. Learn about tax liens and real estate auctions: