Updated over 2 years ago on . Most recent reply
Tax default auction in California????
Looking for some answers regarding tax default auctions. In California, if you bid and win on a Tax defaulted property, do you then own the property or do you own the lien on the property? I'm getting confused because it seems to differ from state to state. FYI, I know that there may be other liens etc...a title search should reveal that... So, if there are no other liens discovered, would I own the property fee and clear?
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Jay Hinrichs
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Tax sales in CA wipe out everything but IRS liens and the IRS just has a few short months to redeem and pay U interest they never redeem.. CA tax sale is the safest tax sale I have seen for those that are worried about liens.. NOW whats more important and risky is usually access issues encroachments non build-ability code violations etc.. but not monetary liens those all get wiped out.
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