If you’re still a little bit confused on Tax Liens and Tax Deeds, and how they can benefit you (And are actually different things altogether), I totally get that, and you’re in the right spot to learn more.
Live From the Trenches
Today, I am going to show you a video live from the trenches of hunting for Tax Deed properties. You are going to see just how easy it is to do this.
Does It NOT Hurt Enough For Change?
Has there ever been something that you wanted, but you didn’t want it bad enough to actually do something about it?
I know there is many times that I see a pretty fancy car driving down the street, (and I’m talking really fancy…)
Flipping Over the Counter Tax Deeds
Truth is: it can still be done safely and effectively, but…
…there are many properties that are not up to the standard of what you want to be investing in, so you need to careful.
Wisconsin Tax Deeds
Wisconsin now only offers tax deed sales which are controlled by municipalities. These sales are held in September and follows competitive bidding.
Washington Tax Deeds
Washington conducts tax deed sales only so no tax lien auctions are being held. The deed sales are by competitive bidding but the rules and processes are dependent on each county.
Virginia Tax Deeds
Virginia only holds tax deed sales which are done by competitive bidding. Sales are also conducted at most 4 times in a year. There is no minimum bid in Virginia.
Utah Tax Deeds
Utah only does tax deed certificates sales and these sales are held in May. Auctions are done by competitive bidding but counties have a lot of options in selling properties that face tax foreclosures.
Texas Tax Deeds
Texas is considered the best tax deed state because aside from having 25% interest rate for the first 6 months on tax deed properties that will be redeemed by the owner, it also contains a lot of available properties.
Tennessee Tax Deeds
Tennessee has a 1 year right of redemption with 10% fee. It only conducts tax deed certificate sales through competitive bidding. The Master of the Chancery Court and Clerk conduct these tax deed sales. The opening bid will be the taxes owed plus the penalty and the court costs.