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Updated almost 8 years ago on . Most recent reply

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40
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13
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Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
13
Votes |
40
Posts

How to buy property at a tax sale in Georgia

Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
Posted

Looking at my local paper I found several properties listed under the "tax sale" portion of the classifieds. I have had people to tell me it takes up to a year to get possession.  If you have bought a property through a tax sale I would love to hear your story. 

Most Popular Reply

User Stats

306
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156
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Ethan Atkinson
  • Investor
  • Athens, GA
156
Votes |
306
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Ethan Atkinson
  • Investor
  • Athens, GA
Replied

Title insurance issues are cleared up with what's called a quiet title.  It's the ultimate title cleaning action from what I understand.  Before you do the quiet title which can run $300-10000, you have to "foreclose the right of redemption."  Almost same process for both and you would even do one right after the other if you want to sell or flip the property. Currently the title insurance companies are really screwing over Georgia tax deed buyers because the tax deed after 4 years or so has been recognized almost as an "ultimate title."  Since the large title companies are national they don't care about this new GA change. 

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