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Updated over 5 years ago on . Most recent reply

Clinton Turner's profile image
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Clinton Turner
  • Rental Property Investor
  • from Houston, TX
  • Member since Jun 5, 2019
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Clinton Turner
  • Rental Property Investor
  • from Houston, TX
  • Member since Jun 5, 2019
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Clinton Turner
  • Rental Property Investor
  • Houston, TX
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Tax, SDIRAs & Cost Segregation

Right of redemption in Philadelphia

Clinton Turner
  • Rental Property Investor
  • Houston, TX
Posted

Hello BP family,

I have a question about the right of redemption law in Pennsylvania. I've looked all of the website in Philadelphia and Im unable to find anything on the interest paid back to the winning bidder in a tax sale. If anyone has a link or can point me in the right direction that would be great.

Thank you in advance.

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Irfan Raza
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  • from New Jersey
  • Member since Jan 3, 2015
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Irfan Raza
  • Accountant
  • from New Jersey
  • Member since Jan 3, 2015
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Irfan Raza
  • Accountant
  • New Jersey
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Irfan Raza
  • Accountant
  • New Jersey
Replied

I have never heard of right of redemption actually being exercised in Philadelphia and there are a lot of properties that are sold through the auction.  Would be interested to hear of anyone's experience if they have been through the process.

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