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Updated over 1 year ago, 07/30/2023

User Stats

16
Posts
8
Votes
John Tran
8
Votes |
16
Posts

Tax Lien redemption period

John Tran
Posted

Hello all,

I want to look into tax lien sale and have a question regarding protecting your investment during redemption period.

I am in Georgia.  Here there is a 1 year redemption period during which I can't do anything to the property.  What if I purchase a house and during that redemption period the property get damaged or totaled?  What should I do to protect my investment?  If the house is totaled and the previous owner doesn't redeem the property I will end up paying a lot for an empty lot.  Scary!!!!

Thank you for any advise.

John

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