tax deed sales

[Brian Norman]

Hi, I have a quick question regarding tax deed sales. If i purchase a tax deed property and pay all liens owed on the property do i now own this property/house and can i inhabit it?

[Wayne Brooks]

Yes, buying at a Tax Deed auction (not tax certificate) gives you title. Gov't and HOA liens will stay with the property.

[Brian Norman]

thank you very much Wayne Brooks so if I'm buying a tax deed from a tax deed auction and the house / property is not located in a HOA there will be no HOA liens... and the Gov't Liens would be paid by me buying the tax deed which pays the taxes owed correct?

[Wayne Brooks]

Basically.  There will be the current year taxes due, and perhaps the preceeding year.  The best money you can spend is 4200-$3300 to sit down with a local RE attorney familiar with tax deeds.  You also need to do a Quiet Title action-about 6 months, $2k, or wait 4 years to get "clear" title.

[Brian Norman]

Ok but with a tax deed does that give me access to the property.... Like can i make changes / move in while i am doing the quiet title action? What i am unsure of is... Do i own the property after i purchase the tax deed?

[Wayne Brooks]

Yes, you get immediate ownership.  There is no redemption period here.  But, expect the bidding to be competitive.  You can go back and look at past auction results.

[Richard D.]

@Wayne Brooks I have a couple of questions about Florida tax sales. 

1) At the time of sale, can the property still be occupied by the prior owner, and if so how do you get them out?

2) what about Funeral Home liens? 

[Wayne Brooks]

1) Eviction, cash for keys, etc.

2)  Assuming they were properly notified, all private liens get wiped.  Verified through the QT process.

[Brian Norman]

yes in my county all liens except gov't liens will be wiped and your surplus will go towards gov't liens but what ever is extra you have to pay 

[Brian Norman]

what about bank liens and mortgages etc?

[Wayne Brooks]

They get wiped out.

[Rose Jones]

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I am not from the company, just a satisfied user.