Buying Tax Deeds: A Guide to Acquiring Real Estate at Auction (2026 Edition)
: You are buying a certificate of debt . You earn interest (often 8%–24%), and you only get the property if the owner fails to pay you back and you complete a separate foreclosure process. 3. Essential Due Diligence 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. Buying Tax Deeds: A Guide to Acquiring Real
: You are buying the property . You become the owner immediately, though some states have post-sale redemption periods. buying tax deeds