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Updated about 2 years ago,
Im looking to put my time and hard earned cash into tax liens
First let me say I have been lurking in this site for a while and I have been reading about tax liens in Maryland for about a year .
When it Finally came down to the day of the tax lien auction It was a fail.
My plan was to do the baltimore tax lien auction i participated in the Baltimore. County tax lien auction and it was not what I expected. First of all I assumed it would be a back and forward type of auction which it was not. It was place your bid and that's it. 2nd, I made the mistake of not actually bidding what I would be willing to actually pay for the house instead I posted a couple thousand above the tax lien. I did everything else right. I scoped out the homes etc
SInce Baltimore city is the only one that does over the counter tax lien sales , I'll.have to wait til next year to give this a try again.
so my question for all those that been doing this for the long haul. What tips would or recommendation would you all give for the next go around