Lake County Indiana Tax Sale

[Ben Martin]

Has anyone had good luck with the tax sales? I'm registered for the next tax sale in my county. Any pros or cons? would you do it again? Are there any websites to check for a lien on the property? If not, what's a typical fee for someone to run that check for you? Any help with this would be greatly appreciated.

[Adrien C.]

Good houses in A/B areas will go for upwards of 90% market value. So if the market tanks over the next 15-18 months, you're screwed. I saw 15-18 months because they have 12 months to redeem. After that, you have to get a court date, get the lien reviewed and approved by the judge, and get the tax deed from the county. If you're new and don't have connections, that's an extra 3-8 months easily.