I have a tax lien in Florida and the attorney suggests that I foreclose. If I foreclose, what happens? If I do not foreclose, what happens? Thank you WW
From what tax does the lien arise? What tax have you levied to get a lien? Or do you mean you purchased a tax deed?
The tax lien I have is a property tax lien that I bought 2 years ago. As I understand, Florida is a tax lien state, some other states are tax deeds.
You must file with the county and have the property set for auction. You have a tax lien certificate. After you have it scheduled for auction, the owner of the property may redeem it anytime prior to the auction.
Thank you John
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