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Tax Lien Property For Sale

Updated Daily! - Find tax lien property for sale nationwide using our free site. We feature many tax sales under $500. Search our FAQ's section for more tips.

BUY LAND IN MICHIGANGET 2 PROPERTIES FREE
BUY LAND IN MICHIGANGET 2 PROPERTIES FREE
 US $100.00 | 7 Bids
NO RESERVE TAX ASSESSED VALUE $42600 INDIANAPOLIS IN
NO RESERVE TAX ASSESSED VALUE $42600 INDIANAPOLIS IN
 US $4,075.36 | 15 Bids
Invest Income Property Residential house New York Lot
Invest Income Property Residential house New York Lot
 US $202.50 | 8 Bids
Great Property in the Booming Poconos PA NY NJ FL
Great Property in the Booming Poconos PA NY NJ FL
 US $610.00 | 15 Bids
ONONDAGA COUNTYNYLANDNO RESERVE 197ACRESHWAY LAND
ONONDAGA COUNTYNYLANDNO RESERVE 197ACRESHWAY LAND
 US $152.50 | 3 Bids
ORANGE COUNTYNY NICE AREAMIDDLETOWN030 AC NR
ORANGE COUNTYNY NICE AREAMIDDLETOWN030 AC NR
 US $265.00 | 8 Bids
FIVE ACRE PARCEL SAN BERNARDINO COUNTY CALIFORNIA
FIVE ACRE PARCEL SAN BERNARDINO COUNTY CALIFORNIA
 US $550.00 | 20 Bids
Three Bedroom Investment Home in Flint Michigan
Three Bedroom Investment Home in Flint Michigan
 US $2,551.00 | 18 Bids
204 Dudley Syracuse NY 2 Family Residence
204 Dudley Syracuse NY 2 Family Residence
 US $2,825.63 | 32 Bids
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Tax Lien Property


A tax lien property sale is the forced sale of real estate for nonpayment of taxes. It is one of two methodologies used by governmental agencies (county, state, and federal) to collect delinquent taxes owed on real estate, the other being the tax deed sale. Many county governments sell the Tax Lien Certificates to investors so that the county may recoup the delinquent taxes. Interest accrues on the Tax Lien Certificate over a specified course of time until the taxes are paid.

A Tax Lien Certificate is a first position lien (Senior Lien) on the property. In most states, if the property owner does not redeem the Tax Lien Certificate within a specified time period the holder of the certificate can ask the county government to begin procedures to auction the tax lien property to the public. The minimum bid is generally the amount of back taxes owed plus interest, as well as costs associated with selling the property.

Some jurisdictions allow a "redemption period", whereby former owners have a specified amount of time to reclaim tax lien properties by repaying the amount bid at auction plus a penalty. For this reason, purchasers of properties at tax deed sales are cautioned not to make major improvements on the property until after the redemption period has expired.

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