Sarasota Tax Lien- Deed on Lot

[Chris Puglisi]

Good Evening, 

I purchased a tax lien a couple years ago and the owner never paid.  I filed for the deed and received a certified letter last week that if I did not cover the cost owed that it would be sold at auction on July 31st.  I feel like it was a quick turn around and that was the first noticed I received regarding any information.  I am not sure if I missed another notice or if that is how the process works.  Has anyone had experience purchasing tax liens in FL?  Looking for any type of information or advise. 

Thanks for your help!

Chris

[Wayne Brooks]

Apparently you don’t know how Tax Certificates, which is what you bought, work in FL.
As a certificate holder,you don’t “file for a deed”....a certificate gives you no rights for the deed.
It Doed give you the right to Apply to have the property sent to a Tax Deed auction. To do this, you have to pay a few hundred in fees and pay off All the other outstanding certificates, plus 18% interest, then the property gets sent to public auction. The minimum bid is the amount of money You already have into it (your certificate, the fees and all the other certificates). If no one bids the minimum you already have into it, you get the property.

Seems like you got notice of a Tax Deed auction where one of the other certificate holders is sending it to auction.