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Updated almost 3 years ago,

User Stats

9
Posts
2
Votes
Sean Cassidy
  • Investor
  • Miami Beach, FL
2
Votes |
9
Posts

Tax liens are selling for 0.25%

Sean Cassidy
  • Investor
  • Miami Beach, FL
Posted

I am new at this and was hoping to buy some tax liens here in Miami, Florida. I think I found the correct list for last year's liens sold. The problem is that almost all the bids won were at 0.25%. This is really not worth doing. Am I missing something? I realize many are buying in the hopes of getting the property but I was hoping they would go for 6% or so. is 0.25% what most liens end up selling for?

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