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Updated over 7 years ago on . Most recent reply

User Stats

63
Posts
12
Votes
Deepika Tandon
  • Investor
  • Chico, CA
12
Votes |
63
Posts

Lee County, tax lien

Deepika Tandon
  • Investor
  • Chico, CA
Posted

I have a May 2012 tax lien for a lot in Lee County.

So I need to file a Tax Deed Application. I do understand I would need to payoff all the other years of tax liens on the property. How do I find out, if its worth acquiring the property or let it go. 

http://gissvr.leepa.org/geoview2/?FolioID=10067129

Please give me some info so I end up not losing money.

Most Popular Reply

User Stats

50
Posts
5
Votes
Roger Gelpey
  • Investor
  • Danvers, MA
5
Votes |
50
Posts
Roger Gelpey
  • Investor
  • Danvers, MA
Replied

I'm pretty new but my first step would be to find out from the county site what taxes are still out  there on the certs you would need to clear. After estimating those plus the respective interests as best you can weigh it against the mkt value of the lot. There could be a lot of certs to pay off plus the filing fees which you will get back if you are outbid at the deed auction (and not if you end up with the lot). If you look at previous deed auction results you may get a better feel for the way similar lots usually go. Hope that help and good luck either way!

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