Understanding the process of how redemption certificates are purchased and sold on the local municipal property tax sale market is the beneficial means to purchasing tax sale houses. Understanding the
- Bidding process,
- Legal representation,
- Statues of limitation for selling a property purchased at a tax sale,
- Certificate of Redemption Period for Owner to Redeem the Property,
- Knowing the Correct Property Value and,
- Double Checking for a Clean Chain of Title History.
can all be issues depending on your purpose for purchasing a tax sale property. My answers are based on my personal experience over a decade as a mortgage banker. This site does not give legal advice. Please consult with your attorney for legal consultation.
To Your Success,