Skip to content
Foreclosures

User Stats

9
Posts
0
Votes
Lucas Gunderson
  • Real Estate Investor
  • Layton, UT
0
Votes |
9
Posts

Tax Lien Sales

Lucas Gunderson
  • Real Estate Investor
  • Layton, UT
Posted Aug 3 2008, 10:56

Can someone give me some insight on this? I have researched on the web but not fully understanding how you can become the owner through this process. Sites are making it seem like you can purchase these homes for pennies on the dollar because the government is owed taxes on them. The mortgage must still exist. I contacted a rep at the auditors office in the state I'm living and she let me know when the next auction was taking place. She said none of the homes will even make it to the auction because all taxes will be paid and this is actually there to protect them. Please give more info.

Thanks.

Loading replies...