What risks are involved in buying tax sales?
Dec 14, 2009 in
Questions And Answers
Name the risks involved in buying tax sales at a county auction… I am not talking about tax lien certificates.
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One comment
bzybl1680 on December 14, 2009 at 8:54 pm
There is a good chance that after all the research you have done to find a tax lien property, the property may be redeemed by the owner just prior to the sale. Since the bids are sealed you don’t know what the other bidders are offering and if you have not properly determined the market value, you may overbid on a piece of property.
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