Tax Liens & Mortgage Notes
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 06/21/2014
NewB Tax Deed Sale ? - Palm Beach County, Florida
Hey everyone,
My parents currently have there home up for sale and we were thinking of trying to get their next home in a tax deed sale. We live in palm beach county and we're looking at a house in an upcoming tax deed auction online. My understanding of tax deed sales is that once you pay the back taxes on the property, you own it and all tax liens disappear. However, on the palm beach county website it says it can be complicated and some tax lien's may still effective even after the tax deed sale.
So, I understand HOA fee's are often one of the tax lien's that can remain effective. Are there any others that are common? What is the best way to prepare oneself for the extra lien's that may be on the property? Is it possible to walk into a tax deed sale and know beforehand all the extra lien's that will be on the property, or is there generally always an element of surprise?
Also, is it possible to get financing for a tax deed sale from a bank?
Thanks for your help guys!