tax deeds
Hi there. I am 26, and am new in investing world. Wright now I am studying about tax liens and tax deeds and one thing I don't understand: when you buy tax lien certificate, you become the owner ot that tax lien, but when you buy tax deed, you become the owner of the property. So, if I buy deed, why do I get only interest(16-24%) when the property owner fails to redeem? Shouldn't I get the property insted the interest on delinquent tax? Because if my profit is only the interest, tax deed seems like the same thing as tax lien certificate. I can not sleep at nights, those questiones are driving me crazy. Can somebody please explain it to me??