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Updated almost 10 years ago on . Most recent reply
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Process following a tax lien foreclosure.
Hey everyone,
I have been doing tons of research on tax lien investments but there is still a lot I am unclear on. Lets say I buy a tax lian how long before I can foreclosure on the property. Also once I foreclosure on the property what would be the next steps? What would I have to pay to receive the loan? I see people saying that the title is free and clear, does that mean I do not have to pay the remaining balance on the mortgage?
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- Real Estate Professional
- West Palm Beach, FL
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Assuming you're referring to Ga, sit down with a local RE attorney. Whatever money you spend, it will be worth a hundred times that. You can also read your state laws concerning tax sales, to get the Real answers, not some random person's opinions, or "I heard.....". Of course, a local experienced investors helps.