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Updated over 6 years ago,
Shieff Tax Sale Assignment - Philadelphia
Hi All,
I am hoping to get you advice on a property that I'm thinking of buying.
This property is being sold as shieff tax sale assignment. Good deal on paper, but I'm worried about Right of Redemption.
This is what I know about the property:Taxes owed: $3,366
I've walked through the property and it has been cleaned out and it is vacant.There are recent L&I violations for not having a vacant license.
My questions:
Does Right of Redemption apply in this case since the property has been cleaned out and is vacant?
Is there anyway I can get title insurance or is there a way to minimize the risk?
What is the game when investing in shieff tax sale assignment properties?