All Forum Posts by: Annastasia Massey

Hi! My fiancé and I are currently looking to invest in Fl, and have been looking into tax deed sales. We have bid on several properties at typical foreclosure sheriff sales, so we are familiar with the process of doing title searches before bidding. Would tax deed sales be essentially the same process? 

I have also read that most mortgages or liens get wiped away from a tax deed sale, except those that are through the municipality or county, is that true? What about the aspect of a "clouded title", after purchasing the property? What is the process like for that, and how long does it usually take? 

We are more so interested in fixing up and renting these properties, so flipping in a short amount of time wouldn't be something we would need to worry about. Any information on this process or your experiences with tax deed sales would be so helpful, thank you in advance!