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real estate Real Estate 4 More Blog; January, 2011 Archive; Real Estate 4 More Blog | -- ../../local/real4/real_estate/index-January-2011-1.html01/20/11 04:54
Purchasing tax liens can be profitable for real estate investors. What are tax liens?When a property owner fails to pay property tax, he is given a certain period to pay it plus interest and penalties. When it is still not paid, the taxing authority will issue a tax lien on the property. With a tax lien, the property cannot be sold or transferred. But after a certain determined time, the county will put it on sale or auction. In Florida, this is usually done on or before June 1 every year. Link: Types of Florida Tax Sales and Auctions (tax sales); Re
Tags: auctions • tax liens • real estate • property tax •
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