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Updated about 12 years ago on . Most recent reply

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19
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2
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Dutch Smythe
  • Investor
  • Lake Worth, FL
2
Votes |
19
Posts

Tax Deed held by #1 but person #2 wants to buy house

Dutch Smythe
  • Investor
  • Lake Worth, FL
Posted

Florida: a tax deed was purchased at a tax deed sale by person #1. This property will come up for auction soon. I, #2, want the property. Does the owner of the tax deed hold any more sway than I when auction comes up? That is, if I am the winning bidder, I still need to buy the tax deed at the current rate? Or can #1 tz deed holder screw around and not sell the deed?

thanks
Dutch

Most Popular Reply

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696
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619
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Jerry K.
  • Specialist
  • Phoenix, AZ
619
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696
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Jerry K.
  • Specialist
  • Phoenix, AZ
Replied

Dutch Smythe, It's best to read the Florida statutes. Chapter 197 contains all the information.

Here is a link to all the statutes:http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0100-0199/0197/0197ContentsIndex.html&StatuteYear=2012&Title=-%3E2012-%3EChapter%20197

Yes it's long, but you need to know and understand how it works wherever you buy tax liens and deeds. Information specifically about tax liens and deeds starts with 197.432 and the sections after that one.

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