Some people act like selling a property gives the buyer the opportunity to instant profit free and clear. Well, sometimes that is not the case. Do you know why? It is because of expenses. No matter how someone chooses to sell their property, either in an FSBO (For Sale By Owner) or tax lien sale, there would always be expenses involved. Some of these would be:
Revenue and Source of Income from Tax Lien Certificates
In general, taxes levied on the public are a very crucial source of government revenue. Without the needed funds, the county cannot fund important services such as the fire departments, police, hospitals, schools, and even parks. This is why tax lien certificates are sold to the highest bidders in order to obtain the funds.
