Mature Florida Tax Liens

[Kim Gerred]

Can someone tell me if the process is the same for Florida on mature tax liens as it is for Florida?  Thank you!

[John Thedford]

If you hold a tax lien certificate in FL, you have no more rights to the property than any other person if it goes to auction. Up until the funds are actually tendered from an auction sale, the owner of the property can redeem by paying the amounts owed. This can literally be minutes before a successful bidder arrives to pay the winning auction bid.   I considered tax lien investing locally but saw the returns bid down so low I felt it wasn't worth tying up the money. If you hold a tax lien in a state where YOU can get the property that sounds like it has a lot more profit potential. Tax lien certificates are not an equity position in ownership, but rather simply a lien against the property for taxes only.