Buying a Tax Deed in California

[Vince Mundy]

Hi

I am interested in a few properties that are up for sale on CA tax deed auction.

I am new to this... So i have a few questions:

- A property shows a opening bid of $25,000 but it worth $600,000. 

1) What is the rule of thumb bid (Low/Medium/High)?

2) Are there any strategies I can use buy the properties prior to the auction? 

3) How do I find out all the possible liens that can be on the property?

4) What are the seen or unseen pitfalls what could result me in losing my investment?

Thanks in advance