Tax Lien Sale Philadelphia

[Calvin Lipscomb]

Hello group.  

I was wondering if anyone with experience with the Tax Lien Sale in Philadelphia would share their experience, the good and the bad.  From what I am reading it can be a good investment opportunity even if you do not take title to the property with 10% return on funds and possible additional expenses.   However, what you read and what actually happens can be two different things.  I am planning on attending the Sheriff sale happening February 21.

Thanks in advance.

[Mary B.]

its been a while sense I've attended a sheriff sale. from what I've heard the rules have changed quite a bit. the reason I don't bother with that source is because the state liens come with the property as well as the best properties aren't vacant at the time of sale which means chances of the owner(s) being able to redeem the property is pretty high. my coin.

Kudos,

Mary