What can you do with a tax deed once you have won it at auction in Calif? December 15th, 2008
Can you turn around and sell the property, rent it, do you pay on the mortgage and what about a second mortgage?
Submitted by: hoople96
Submitted by: hoople96
what’s the difference between a tax deed sale and tax deed certificate? December 11th, 2008
County’s have listings for both. What’s the difference?
Submitted by: carobygirl
Submitted by: carobygirl
Posted in Tax Deed Sales | 2 Comments »
What are the tax consequences of a quit claim deed? December 6th, 2008
I am co-owner of a home in CA with my sister, and am attempting to turn it over to her using a quit claim deed. Are there tax consequences for me? The home was originally purchased for about 300K and is now valued around 600K.
Submitted by: vk
Submitted by: vk
How can you learn to evaluate and appraise property being auctioned for tax deed and tad tax lien sales? November 19th, 2008
Northern central Florida is the immediate area of interest. Currently I have no resources for buying, fixing and selling. Looking to buy decent property as is at tax deliquent auction at a price I can make a profit
Submitted by: joan
Submitted by: joan
I bought a property in a city tax sale. Can I legally collect collect rent from the tenants? November 17th, 2008
Bought property in a new orleans tax sale. I am in doubt as to my legal rights to collect rent from the current tenants , as well as how to serve notice that I must receive said rent. May I make renovations under these terms on an occupied residence.
Submitted by: Attila
Submitted by: Attila
If a tax lien company has a tax certificate on some property how do we buy it? November 10th, 2008
I asked this in real estate also…but we are interested in buying some property in Oklahoma, but couldn’t locate the owner…after some digging we found that they owe 4 years of back taxes on the place. If we want to purchase it do we have to buy the certificate from the tax lien company or speak with the owner? Any help would be great!! Thanks!
The thing that is making this so difficult is that I cannot track down the owner, all the numbers I have found so far are disconnected…I’m really not sure what else to do.
Submitted by: Renee B
The thing that is making this so difficult is that I cannot track down the owner, all the numbers I have found so far are disconnected…I’m really not sure what else to do.
Submitted by: Renee B
When and where are tax lien auctions in Maricopa County, Arizona? October 26th, 2008
I am trying to learn when and where are tax lien auctions in Maricopa County, Arizona? Also, what yield can I expect from buying Tax Liens in Maricopa County? I know that the starting rate is 16%, but how far does it get bid down? Thank you.
Submitted by: JP
Submitted by: JP
In reference to a Federal Tax Lien, is my business considered an asset? October 11th, 2008
I have just started my own business and have received notification that I have a Federal Tax Lien filed against me for my person taxes. Is my business considered property or an asset that the IRS can attach to satisfy the lien? My business is an LLC.
Submitted by: Debbie A
Submitted by: Debbie A
Has anyone participated in a Florida Miami-Dade county tax deed auction? What is the process? October 10th, 2008
I recently stumbled on the Miami-Dade County site and really interested in participating in these auctions. This is a first for me and realy need to know if anyone has done this in this county. Pros / Cons , info, tips, ect…?
Submitted by: dennisgonzalezdgm
Submitted by: dennisgonzalezdgm
What happens to a tax deed sale if the original owner of land you bought filed for bankcruptcy? October 3rd, 2008
Suppose somebody bought a land and 1. it is his principle of residence. 2. it is not his principle of residence. Suppose this happens in the state of CA.
Submitted by: jayvie
Submitted by: jayvie
Only for those with knowledge of Real Estate Investing? September 8th, 2008
I am wanting to get in Real Estate, but have horrible credit, and no venture capital. I have a friend who started out by purchasing property by Tax Deed. Can anyone tell me how to do this? Also if anyone knows the laws and time limits in the state of Tn and/or GA–that would be great also.
Submitted by: C W
Submitted by: C W
I purchased a mobile home at a tax sale and it is time to redeem. Do I inherit the liens that are on it? and what about the mortrgage lien?
Submitted by: dena s
Submitted by: dena s
Has anyone ever purchased a home or a house at a tax sale auction? August 18th, 2008
I am interested in going to a tax sale. I live in Texas.
Submitted by: houton tex
Submitted by: houton tex
Tax Liens and Tax Deed Sales
Submitted by: rich
Submitted by: rich
I will be attending our county’s tax sale in October, and I was wondering if anyone has any experience buying property at such a sale. Was it a good or bad experience? Did the defaulting owner ever redeem the property? Or did you end up with a quitclaim deed, and if so, how long did it take? Thanks!
Submitted by: Eric W
Submitted by: Eric W
Is there any actual free list of tax sale home? June 30th, 2008
My boyfriend and I are looking at buying a tax sale home on the west coast but when I type in the request to Google it gives all sites that sell them. Thanks for the help!
Submitted by: mickey_nightstorm1
Submitted by: mickey_nightstorm1
How do you purchase a tax lien property in Pennsylvania? May 29th, 2008
I am looking for an investment and a family member suggested I purchase tax lien properties. He lives in another state and he is not sure how it works in PA. I have been doing some research online but I have only found limited information.
If anyone has purchased a property, I need to know how to get started. Everyone says to go through the Tax Assessors office, but I can not find one in Pennsylvania.
Submitted by: Lonia
If anyone has purchased a property, I need to know how to get started. Everyone says to go through the Tax Assessors office, but I can not find one in Pennsylvania.
Submitted by: Lonia
My husband had financed/purchased a property with his own name. However, he listed me on the deed. The home is now in foreclosure preceedings and I am worried that if I don’t pay the property taxes for that property that I am liable for the taxes and it will impact my credit score and ability to rent. Also, if a property tax lien is placed on my credit - how does that work. Do they place it for every missed tax payment?
Submitted by: mlc1017
Submitted by: mlc1017
I am interested in buying some of these tax deeds in Florida, however once you purchase the deed if it is a quit claim deed does that mean that someone else could still have partial ownership over the property or could they be entitled to some of your profits. I guess my questions is what are the risks and what do i need to do to avoid them when purchasing a quit claim deed. Thanks
Submitted by: mikeberm
Submitted by: mikeberm
how to purchased a tax deed in the name of a business entity? April 17th, 2008
how can I get a business entity/name and build business for buying realestate? Iam interested in buying tax deeds in any state please help with more information where do I start? can I buy tax deeds without using my own money/credit? can I buy online?
Submitted by: emma25
Submitted by: emma25
What kind of title do you get at a tax deed sale in texas. What are the states that you get the actual title? April 7th, 2008
I am familiar with florida tax deeds, but I am curious about other states that allow you to actually own the house without having to wait two years so the previous owners have a redemption period. Any advice/comments would be great. Thanks
Submitted by: safetyinscars
Submitted by: safetyinscars
How do you purchase tax lien properties? March 31st, 2008
Anyone familiar with the tax lien purchase process? I know the county holds a tax sale for delinquent properties but what happens after you buy a property? If the property has a mortgage lien, what happens to it after the tax sale?
Submitted by: Derrick L
Submitted by: Derrick L
Tags: Delinquent Properties, Mortgage Lien, Tax Lien Properties
Posted in Tax Deed Sales | 5 Comments »
Posted in Tax Deed Sales | 5 Comments »
I really want to invest in real estate but I don’t have the money to do it and I am currently unemployed. I saw an ad on tax sale properties saying that one can buy properties for literally a few hundred dollars and some for a few thousand. What I really want to know is, whats the catch?
Submitted by: funkucla!!!
Submitted by: funkucla!!!
I keep hearing that California is a tax deed state? March 17th, 2008
I keep hearing that California is a tax deed state. What the hell does that mean and does it participate in tax liens too. And if not, then why do some foreclosure websites list homes in California under the title of tax liens as an option to purchase? How does this process of tax deeds work?
Submitted by: Amber T
Submitted by: Amber T
How can a state tax lien remain on the books for ten years but the statute clear it after 6? February 26th, 2008
I recently discovered I have a SU Tax lien with my state going back 7 years ago. (was NOT on my credit report.) Accounts and lawyers and the State are now bickering about the Codes and limitations; appears the books say two different things. This is beyond my comprehension. Can someone explain?
It’s in TN. The State says my lien will last 10 yrs. We’ve found in the code a statute of limitations of 6. My accountants and attys say I should be relieved of this burden; seems to good to be true to me… I need to buy a house pronto in TN and am unable due to the lien on my NAME. (I was a sole prop.)
Statutes Of Limitations
A money judgment has a limitation period of 10 years. T.C.A. 28-3-110 However, the lien is lost if execution is not taken out within 3 years from the date of entry of the judgment. T.C.A. 25-5-105. Note: T.C.A. 25-5-105 was amended 5/17/00 to increase the time of execution to 10 years. (The change was not retroactive.)
It’s in TN. The State says my lien will last 10 yrs. We’ve found in the code a statute of limitations of 6. My accountants and attys say I should be relieved of this burden; seems to good to be true to me… I need to buy a house pronto in TN and am unable due to the lien on my NAME. (I was a sole prop.)
Statutes Of Limitations
A money judgment has a limitation period of 10 years. T.C.A. 28-3-110 However, the lien is lost if execution is not taken out within 3 years from the date of entry of the judgment. T.C.A. 25-5-105. Note: T.C.A. 25-5-105 was amended 5/17/00 to increase the time of execution to 10 years. (The change was not retroactive.)
State Tax Liens filed after February 1994 expire 10 years after the filing date unless a new lien or renewal is filed. T.C.A. 67-1-1403.
The lien was filed in ‘99. I am uncertain if any renewals were filed (I certainly wasn’t made aware).
I’m SOO confused…
Submitted by: Delta
Is there someone who is familiar with Illinois tax lien sale? February 20th, 2008
I would like to buy a tax lien but I am confused with the 2 yr redemption period here in Illinois. If you purchased a lien for the tax year 2006(sold in 2008), and the owner did not pay their taxes and failed to pay again in tax year 2007, will you have the right to purchase the 2007 taxes and foreclosed the property OR will it be sold again in 2009 for the 2007 tax sale? Please help THANKS
Submitted by: oliver s
Submitted by: oliver s
What financial obligation does property Tax lien investors have during the 1 year redemption period? February 15th, 2008
After winning the tax lien auction and paying the promised amount + misc fees, what other financial obligation does property Tax lien investors have during the 1 year redemption period if there is an outstanding mortgage on the property?
Submitted by: T L
Submitted by: T L
After the tax sale, are you stuck with the remaining mortgage? February 8th, 2008
Do you have to assume the mortgage after you pay the taxes at the tax sale?
Submitted by: Clarence B
Submitted by: Clarence B
Can veterans obtain a tax sale properties listing for free? If so, where can they obtain it? February 3rd, 2008
Tax sale properties, the ones where you just pay th back taxes and the house is yours. The government sales a great amount of these in every state, so could there possibly be a way for veterans to obtain this list for free?
Submitted by: coach_ike_bclc
Submitted by: coach_ike_bclc
How do you purchase tax deed property? January 10th, 2008
I am intersted in purchasing tax DEED property in miami-dade county. Does anyone have any info, tips they can provide to a beginner.
Submitted by: shanaisia b
Submitted by: shanaisia b
How do I buy a home from a tax deed sale? January 1st, 2008
I want to buy a home, as my primary residence not for profit, and I want to know if it is possible through a tax deed.
Submitted by: candigirl327
Submitted by: candigirl327
Posted in Tax Deed Sales | 3 Comments »
I have a federal tax lien for unpaid taxes,the statue of limitations runs out in 2011,will the lien be removed January 1st, 2008
I have a federal tax lien and a county tax lien will these automatically be removed when the statue of limitations runs out? Or will the debt still have to be paid to remove the lien?
Submitted by: cantgetright73
Submitted by: cantgetright73
how to access tax lean housing lists and tax deed property lists? December 23rd, 2007
Does anyone know how to access lists of tax lean housing and tax deed property lists?
Can you get this from a government office, a bank…?
The Department of Finance publishes the tax lien lists from time to time. Sorry for the mispelling.
Submitted by: Matt
How does the tax deed application process work? December 16th, 2007
I am looking into purchasing a tax certificate for property in Florida. If I were to hold the Certificate for 2 years I can put in for a tax deed. What I don’t understand is how can I make the property mine? Would it be put on the market for a bid? How much do home go for at an auction like this?
Submitted by: Thomas H
Submitted by: Thomas H
does a federal tax lien take priority on fully disbursed secured loan? December 13th, 2007
bank gave 2 secured loans in 2005 to company A. One was 1 million used to buy equipment for the plant. the second one was line of credit partially used to buy a truck and then a later draw to buy raw material. Company A failed to file taxes end of 2005. In 2007 the irs filed a tax lien. Does the tax lien take priority over the security interest on 1st loan. Does it take priority over the truck; how about the draw used for raw material?
Submitted by: Dana S
Submitted by: Dana S
How do I get a tax lien released? December 8th, 2007
I do not have the money to hire a lawyer to help me, or the money to pay the taxes. My business can not get credit to operate, and I am losing money. I need the tax lien released before I go under.
I have talked to the IRS, put they only send me publications I do not understand.
Submitted by: Enoch J
I have talked to the IRS, put they only send me publications I do not understand.
Submitted by: Enoch J
How much cash should you expect to spend at a tax deed auction? December 5th, 2007
My husband and I are saving to attend our county’s tax deed auction next May. How much should we plan to bring to the table to get a house? We’re okay with a fixer-upper or something cheap. Also, where do we go for more info? Not online sources–I mean the actual people who run this thing.
Submitted by: elusiveoptimist
Submitted by: elusiveoptimist
How to stop a tax sale foreclosure? November 19th, 2007
My house went up for a tax sale and someone purchased the certificate. They are about to foreclose. My father is on SS disability and we live in New Jersey. He is half owner of the house which he shares with a brother. The house is paid off except for the taxes. Are there any programs, loans, or any help out there that can save my house?
Submitted by: aamanda_88
Submitted by: aamanda_88
What leins and encumbrances transfer to the new owner through a California tax sale? November 15th, 2007
I am trying to do my due diligence for a piece of property I would like to purchase through a tax sale. I know that the Revenue tax code section 3712 explains the Leins and encumbrances that is assumed by the new owner. It’s all legal speak and do not understand some of it. If you have ever gone through this process in California, any information that would explain this would be helpful.
Submitted by: shasta559
Submitted by: shasta559



















