Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

2
Posts
0
Votes

What happens after purchase of tax lien?

Posted

Hello all first post and a rookie at everything. I purchased Marketplace pro and the program Jay Drexel promoted through AwesomeREI. After reading here and also going through the program I have found I probably could have just learned and done the work necessary for free. That I guess is neither here nor there but I participated in a couple of auctions lately and received certificates. My question is this: What happens now? Do I need to do anymore work or do I just wait for someone to either pay or not pay?

Most Popular Reply

User Stats

12,338
Posts
14,955
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,955
Votes |
12,338
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied
Quote from @Kristopher Sexton:

Hello all first post and a rookie at everything. I purchased Marketplace pro and the program Jay Drexel promoted through AwesomeREI. After reading here and also going through the program I have found I probably could have just learned and done the work necessary for free. That I guess is neither here nor there but I participated in a couple of auctions lately and received certificates. My question is this: What happens now? Do I need to do anymore work or do I just wait for someone to either pay or not pay?

In my state of SC, that is exactly how it works. I watch the mailbox for a redemption check or a deed to show up.

Not sure what state you bought your tax liens. Call your county tax collector and ask how it works in your county.


  • John Underwood
  • Loading replies...