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Updated almost 8 years ago on . Most recent reply

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Ashley Hernandez
  • Yuba City, CA
52
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101
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Just a few questions about tax lien sales!!

Ashley Hernandez
  • Yuba City, CA
Posted
Sorry for the newbie questions but I want to make sure I am fully prepared! Only stupid question is one you don't ask right?! So I am looking at a few tax lien properties and I did my research and I found out there is a mechanical lien so my first question is since this is a tax lien sale will I have to pay that lien off? From my understanding I should be in the clear unless this were a Mello roo, or IRS lien etc. also if I am the winning bidder how long before I am able to start working on the property? Does this vary by county (in assuming yes but thought it's better to ask and get feedback!) thanks for the input!

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Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
12,718
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Ned Carey
Pro Member
  • Investor
  • Baltimore, MD
ModeratorReplied

@Ashley Hernandez I see you are in CA  however CA does not offer tax liens, they do tax deeds. So this implies you are investing out of state. State laws vary tremendously but in general if you have a tax lien and foreclose you wipe out any other liens. An exceptions is an IRS lien but that is easily handled with proper notice.

  • Ned Carey
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