Buying Tax Deeds | Works 100%

: You are buying the property . You become the owner immediately, though some states have post-sale redemption periods.

Because tax deeds are sold "as-is," you assume all risks associated with the property's physical and legal state. buying tax deeds

It is critical to distinguish between these two "tax" investments: : You are buying the property

: Usually covers back taxes, interest, penalties, and administrative costs. buying tax deeds

When property taxes remain unpaid for a "redemption period" (typically 1–3 years), the local government forecloses and auctions the property to recoup the debt.