Tax Deed Sales in Florida

[Daniel Miller]

I have been interested in getting into tax deed sales for sometime now. I just sat down today to really soak up everything I could about them.

I looked at the calendar and the subject county has approximately 30-40 tax deed sales daily! The only issue is that 99% of their tax deed sales look like this:

Final Judgment Amount: $269,754

Taxable Amount: $101,875

What exactly does this mean? If someone buys the property are they on the hook for the ENTIRE final judgement amount? There is no reason for anyone to buy a property at a tax deed sale in the subject county if this is true...

I am confused. I have looked around but could not find a definitive answer to my question. Thanks!