In Ga - Insurance on property 'purchased' at Tax Sale?
First off, thanks to everyone here at BP. The vast amount of information provided is only outdone by the camaraderie between members here. You guys are great!
Now, on to my question....
I'm currently living in Georgia and considering dipping my toes into the world of Tax Sales as a first foray into real estate investments.
From my research, I understand that at auction, I'm only getting a Tax Deed and won't have any rights to the actual property until after the redemption period and foreclosure. (barring a quit-claim)
My question is, while I'm waiting out the redemption period, is there any way for me to insure the property against damages? Am I just rolling the dice, hoping the place doesn't burn down before I can acquire property rights?