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Updated over 2 years ago,
Tax Lien face value vs. purchase price
I am using the site LienHub to purchase Tax Liens in Florida and I noticed that on a couple of certificates, the face amount of a lien is lower than the purchase price. I'm scared that if I purchase the lien for $70 and the face amount is only $30, I will only get the 18% interest on the $30 instead of the $70 I purchased it for.
Can someone help me understand this?