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Mike O.
  • Flipper
  • Mitchell, SD
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sherrif tax sale - help wanted?

Mike O.
  • Flipper
  • Mitchell, SD
Posted May 11 2017, 06:05

Was hoping to get any information-critical components of a sheriff tax sale. Via my city website I found a sale next week for a commercial property in a heavily trafficked area for $23,000. It indicates all sales are final and cashier's check is needed to pay full taxes and sales fees? Am I missing something? I am going to research, but this property is surely worth much-much more than $23,000. Is the sale final or is there some type of redemption period from which I will collect interest if property is redeemed or am I off?

Any advice?

Regards,

Mike

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