Tax Deed in Atlanta question
I'm looking into purchasing a Tax Deed(s) in metro Atlanta, Georgia. Tuesday I'll go to bid on a couple of them.
My questions are:
- When a property is in pre-foreclosure, would you expect the bank to redeem? Early or last minute?
- Since you're acquiring the Tax Deed, does the premium apply to the amount paid or the amount of taxes, penalties, etc.?
- I'd like to own some of these houses. It seems safe to say the properties with lengthy periods of tax non-payment are most likely to be houses the high bidder could foreclose upon. Is this a fair assumption?
Thanks for your thoughts.
Rick
-
Developer
- GaREIA