Tax Certificate

[Yechiel Abekassis]

Hi BP,

I Bought a foreclosure .Title recommended an inquiry to determine if the sold 2008 and 2013 tax Certificates sold require Redemption from a 3rd party.can someone explain please .The property is in Broward County Florida.

Thanks.

[Wayne Brooks]

If those certificates have not been redeemed (paid off) you owe that money to the certificate holders.  They can send the property to a Tax Deed auction.  The 2008 certificate will expire in June of next year, and the 2013 certificate can foreclose/send to tax deed auction as early as June next year.  Back taxes/certificates should always be checked with foreclosures.  Make absolutely sure the Tax Collector has your Correct address.  If an auction is scheduled, they are only required to send the notice to the address on file....with an incorrect/out dated address, you don't receive notice, the property is sold, you have no recourse.