Tax Lien Sale

[Jolene U.]

So I bought 2 tax liens at the county sake. 2 useless unusable lots in a subdivision that are currently builder owned. The address was listed on the tax sale property list, and being new too this, I thought that the actual address with house was the property I was bidding on. I know I should have done more research etc & I understand that it's "buyer beware". Luckily I purchased the liens for the minimum bid & it was a low amount. So I'm not out too much money. However, I don't like losing any money ever. So my question is, has anyone bought lots that were builder owned at tax sales? And, in your opinion/experience what are the chances of the builder paying? 

[Ned Carey]

Yes I have and the builder paid up. But now we have been buying tax liens on the same builders lots for years. I think it is only time before they start deciding to let them go. 

However if they are not usable or build able lots they may let them go.