Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 12 years ago,
Buying tax deed properties before tax deed sale.
I'm interested in getting overages/overbid funds. I live in Florida, but statutes make me have to have a degree of seasoning before being considered the owner by the time of the sale. In other words, I can't buy a property a month before the deed sale, via quit claim deed and be entitled to excess proceeds after the sale, unless I was the owner of title on the LAST assessment roll.
Which states allows me to be entitled to excess proceeds as the owner of record at the time of the deed sale? I know California is one, but you have to wait over a year for payment. Can anyone give me some answers? I'd appreciate it.
By the way, I'm ultimately going to take advantage of tax liens here in Florida; however, I see excess proceeds as being a better opportunity as a cash boost for the meantime.