Tax lien buying a property buy paying for the taxes

[Johnny Ruiz]

I recently read something that stated if you pay for someone’s property taxes you can put a lien on someone home. And they have a grace period to pay you back. Is this true how does it work?

[Terrence Evans]

What are we talking about here?  Are you asking if you randomly pick a property you can do this or you asking within the context of buying a delinquent tax lien?

If the latter, then what typically happens (lien states are all different) is you buy the lien and they have x amount of time to redeem.  If they redeem, then they have to pay you what you paid for the lien plus interest. Again, all states are different when it comes to redemption times and interest payable. After the end of that period and they haven't paid then you can essentially foreclose on that property and you will get a deed for that property. You are the new owner.