Purchasing Tax Delinquent Properties

[Shane Bishop]

Does anyone have any experience purchasing tax delinquent properties? A new build next to us has been on the market for a few months and hasn't sold. The other day a note was placed on their door from the county tax office stating the property was seized and to be sold for delinquent taxes. The property was listed for $300,000 and the property taxes are roughly $1,000. What are some things to consider before attempting to invest in this tax lien?