Likely Outcome For Tax Lien

[Aaron Millis]

For anyone who has experience with purchasing tax leans I am in the beginning stages of evaluating some from the local news paper. After digging I found that the current owners of the home are living in it as well. They are delinquent for 2015-2016 taxes, but they paid all their taxes from 2004-2014. I am just wondering what the common outcome of this might normally be? I assume that they must have a decent amount of equity, and would probably not want to lose their house..however I do not know their situation so its hard to predict the outcome. I know to plan for the scenario that you end up with the property, but I still would like to know how likely it would be in this instance. Thanks