All Forum Posts by: Kamaria M. Johnson

thanks John, 

I was ready to make a drive to the tax office on my day off!

I purchased a tax lien in SC a year ago. The redemption period just ended. How do I go about foreclosing on the property or where can I find info on this?

I have my first flip under contract, but I have not yet purchased the property. I've been hearing it is taking up to three months in Atlanta to get permits. Are people actually waiting 3 months to begin rehabs or are you applying for the permits and starting the work ahead of time? I don't see letting a property sit for 3 months before work starts. Someone in a nearby county said she had to get a permit to put in a new water heater, ridiculous!

I live in Georgia. I have been to tax lien sales before, but not tax levies (IRS). Does anyone know how these work? Are you getting the house or is it like a tax lien sale where you get interest and possibility of foreclosing on the home if they do not pay by the end of the year?

Yes, thanks John. That makes much more sense now. I knew I was missing some info.

3 small liens in South Carolina.  2 are land and 1 is a small house (shack really).  Really just wanted to see how a tax lien sale worked

thanks so much!  I believe people some people with big pockets were over-bidding in the auction I went to.  I thought it was for the interest,  but maybe they were hoping the acquire the property.  

Hi I am just getting started in real estate and bought a few tax liens. I'm a bit confused. Is the interest paid to you on the winning bid amount or on the initial tax amount owed?