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Updated about 2 years ago on . Most recent reply
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Does the property owner ever pay the lien holder directly
I invest in tax liens in my state (Maryland) but have no experience in other states. In MD, if the property owner wants to redeem they always pay the county or city, and then the county or city pays the lien holder. Is that true in all states? Are there some states where the property owner redeems by paying the lien holder directly?
Just something that came up in a conversation with a friend and I was curious how other states worked.
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In Ohio tax liens are only sold to large institutional investors in million dollar bundles. The property owner can set up a payment plan with the lien holder to pay it off.