sale often sponsored by the
government (e.g., county, municipality) for the purpose of
disposing of real property.
County governments, to
dispose of real estate that is in
tax delinquency, conduct the most
widely known tax sales.
These sales, often called
tax lien certificate sales or tax
deed sales, are conducted annually
in most counties in the United
also conducts tax sales.
However, in Canada, most
sales are only tax deed sales.
tax sales, investors bid on
either tax lien certificates that
represent the debt due on the
property, or tax deeds that
represent actual ownership in the
lien certificates usually pay the
investor an interest rate that can
range from 8 to 50 percent.
Tax deeds do not usually
pay an interest rate (except in hybrid states that have a redemption period following the sale); instead, investors that
buy tax deeds receive the entire
property, often for only the
penalties and interest due.
this resource to
you looking for detailed
information for every state
that sells tax liens or tax