Buying A Lien On A House Official

While tax liens are the most common for investors, other types of liens can be attached to a house: How To Buy a House With a Lien | Own Up Resources

You pay the taxes owed plus any interest and penalties. buying a lien on a house

If the owner does not pay by the end of the redemption period, you may have the right to foreclose and take ownership of the property. However, most liens are redeemed, meaning you get your money back with interest rather than the house. Common Types of Property Liens While tax liens are the most common for