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Updated over 10 years ago,
Ownership method
After doing research on some of the vacant properties I've found, I checked the property tax history for them and see that someone has already purchased the 1 yr tax lien certificate on these properties. Further research has informed me that no one except the purchaser of a tax lien certificate thats available for a property can apply for the tax deed for that property. With that being said, if I purchase the 2nd or 3rd position lien (because some of the properties are 2+ yrs overdue on taxes,) could I go ahead and fill out the application for the tax deed for that property? IF SO, the 2nd step to this complete tactic is to make sure I'm there at the auction of that property, have financing on standyby and be the highest bidder for that property in which conclusively, will allow me to obtain a property at well below 50% FMV. Its a strategy I've created, any and all responses to this are wanted.