Tax Deed - Land Available Lists

[Brent Thurn]

I've been researching tax deed auctions recently, and I've noticed that there is a minority of properties that come to auction that do not get claimed by the lien holder, nor any investors at auction.

These properties are then put into a category entitled "Lands Available", where they remain for a finite period of time (I think up to 7 years where I am from) with the city.  After this period of time they are escheated.

Most of these properties have a tax bill way over what they are worth, which is why they were never bid on during auction.

Is there some sort of mechanism in place to try and negotiate more favorable rates with the local govt?

Does anyone have any experience in this?

[Carolyn Morales]

I have seen investors have great success with tax deed property purchases. Duval County has 30 residential zip codes. It has 19 pages of prperties available on Lands available lists. There are still some good properties on the list.