How To Buy Tax Sale Properties ✭

Even after you "win," the original owner often has a legal right of redemption . This is a window (months to years) where they can pay back the taxes plus interest to get their house back. If they pay, you get your money back plus interest.

If you win, you must usually pay the full balance very quickly—often within 48 to 72 hours. 3. The "Redemption Period" Catch how to buy tax sale properties

Contact your county treasurer or tax collector's office for the "delinquent tax list". Even after you "win," the original owner often

You are either buying the property itself or the right to collect debt: If you win, you must usually pay the

Visit the property (though you often can't go inside) and check for other liens like mortgages or utility bills that might not be wiped out.

The rules vary by county, but the standard flow usually looks like this:

Buying a tax sale property is a "high-risk, high-reward" investment where a government body auctions off real estate because the owner has failed to pay property taxes. 1. Know the Two Main Types