When you want to purchase liens from tax lien states, one of the first things that you need to do is make a list of all the county courthouses that conduct the sales. You also need to do some extensive research online on the websites as well as contact numbers of those counties. You can call the county offices and ask if the treasurer or auditor is available because they are the ones in-charge of the tax sale.
Tax lien sales vary from county to county that is why you must know how tax sales and foreclosures are handled. There also some states that do not sell tax liens but tax deeds instead. They differ with each other in terms of the process which is why you must know this one too. You can also consult a tax lien expert or a lawyer regarding the details of tax liens and how it is handled in each state or county.
Sales are usually held once a year. Before, bidders or investors are required to attend in person during the auction but some states nowadays are holding tax lien auctions online for everybody’s benefit and convenience. Furthermore, do your homework and make sure to find out everything that concerns the sale in order to achieve your investing goals.
