At the Courtsteps: Foreclosure vs Tax Deed

[Sergio B.]

I am trying to find out whats might be the gotchas on acquiring properties on at the county  auction :  Foreclosure vs Tax Deed.

I understand the basic difference between both, I am looking more opinions from experienced investors that have dealt with this,  Is one better that the other?

[Wayne Brooks]

With mtg foreclosures, assuming it’s a first mtg, you generally get good, i durable title....current/past property taxes become yours along with any hoa debts.

With the tax deed auctions, you have do a Quiet Title action afterwards to get good title, or wait 4 years. Current year taxes become yours too.