Tax liens are sold to the highest bidder offering the most premium over the amount of the lien. Basically, if you are willing to pay more, you will win the tax lien. Most states do not allow interest to accrue on this "overage," but only the original lien amount. In most cases, this amount of money is not reimbursed, in fact, it is money that is pocketed by the county and is not paid bakc when the taxes are redeemed.
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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Tax liens are sold to the highest bidder offering the most premium over the amount of the lien. Basically, if you are willing to pay more, you will win the tax lien. Most states do not allow interest to accrue on this "overage," but only the original lien amount. In most cases, this amount of money is not reimbursed, in fact, it is money that is pocketed by the county and is not paid bakc when the taxes are redeemed.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125