Buying Tax Deeds 〈480p · HD〉

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.

It is critical to distinguish between these two "tax" investments: buying tax deeds

: 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 When property taxes remain unpaid for a "redemption

: Usually covers back taxes, interest, penalties, and administrative costs. and administrative costs.