Tax Liens Real Estate

The best deals at tax deed sales are almost always on vacant lots. Many of these lots are of questionable quality or value, so be sure that you can buy them for pennies on the dollar-at least to the tax-assessed dollar value. We have bought them for as little as $75. We have also spent as much as $900 for a vacant residential lot. However, that lot was assessed by the county at $16,000 When we boulght it, and was assessed at $20,000 the next year.
Does this mean that the propery is worth $20,000? Maybe not. While the tax-assessed valueis typically in the range of 85 % of the true fair market value, vacant lots are much harder to value. In some cases, they are completely worthless, so beware.

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More Than One Way To Make Money From A Tax Sale

I know that alot of people when you hear of a tax sale you think of bidding on houses and lots! But there is another way to make money at a tax sale.When a property is sold over the amount owed where do you think that money Goes? Yea I know you think the state gets it ! Wrong!The state gets it if nobody says anything.BUT Do You Know What?

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