Ga Tax deed sale

Ga Tax deed sale

Investor · GA · Member since 2023 · 4 posts · 1 vote

Hello BP,

Im looking for some advice from anyone who has experience buying tax deeds in Ga.


I purchased an empty lot that once had a commercial building on it. The sale took place in August. Now that taxes have come due, the city is placing a lien on the property for demolition that occurred before the sale. I am under the impression that the lien should have been disclosed at auction by adding it to the delinquent tax amount. Now they are asking for $33k for the demolition in addition to the $1400 in taxes due. I remember hearing someone tell me before to always place properties in LLc to avoid demo fees or fines if that were to occur but i typically do some type of development with the properties i purchase or I sell them. But it looks like here I'm in a pickle. What do you think about this from your experience? Is there a way for me to get out of paying the Demo lien from the city?

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  • Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    8mo

    Here in PA, with the online Tax Sale auctions, out of state bidders are buying mobile homes on rented lots for cheap prices and forgetting or not knowing that they are also responsible for lot rents sometimes going back years, as well as other liens and mortgages.  Tax sales are filled with errors and pitfalls including unrecorded liens, state liens, and workman liens.  

    We bought a property not at tax sale and got title insurance then afterwards a municipal lien for curbs and sidewalks appeared that the seller did not disclose and was not recorded at the courthouse. Our title insurance handled the claim then went after the former owner.

  • Chris SeveneyBusiness Member
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    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    8mo

    You're not going to avoid paying the lien. The other option is just let the property go. Yes they'll be a loss of your investment. The question you need to evaluate is, if I pay the tax lien do I still have equity in the property? if not, is it better to pay the tax loan and possibly not take as much a loss or just take the loss

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