Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on .

User Stats

32
Posts
3
Votes
Tyler Silver
  • Investor
  • Westchester, NY
3
Votes |
32
Posts

Tax Lien Wholesaling - NJ Redemption Period

Tyler Silver
  • Investor
  • Westchester, NY
Posted

Hi - I am familiar with the NY Tax delinquent system where owners have up until the day of the auction to redeem their home and after it is auctioned off they cannot redeem their property.


I have been reading that NJ has a tax lien sale system, where after a year of delinquent payments there house will be sold at a tax lien sale,  and they have 2 years to payback their taxes with the new hire interest rate to redeem their property.  


From the perspective of a wholesaler,  when should I market to the owner of these homes?  Should I market to them towards the end of their 2 year redemption period or before it goes to the tax lien sale and there interest rates possible increase drastically? Or do I target the tax lien owner?

Thanks