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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Foreclosures
HomeForumsForeclosuresTax Deed Foreclosure Auction question
Andrew Laing's profile image
Andrew Laing's profile image
Andrew Laing
  • Investor
  • from Southport, NC
  • Member since Jan 13, 2017
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Andrew Laing's profile image
Andrew Laing's profile image
Andrew Laing
  • Investor
  • from Southport, NC
  • Member since Jan 13, 2017
Connect
Andrew Laing
  • Investor
  • Southport, NC
26
Votes |
38
Posts
Foreclosures

Tax Deed Foreclosure Auction question

Andrew Laing
  • Investor
  • Southport, NC
Posted Jan 2 2021, 18:31

Does the winning bid at a tax foreclosure auction pay BOTH the winning bid amount PLUS the tax lien amount or does the winning bid amount cover the tax lien? 

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