Title insurance on tax sale property

Title insurance on tax sale property

Investor · Philadelphia, PA · Member since 2017 · 39 posts · 28 votes

Hey everyone, 

I'm planning on buying property at Philadelphia tax lien/tax delinquent sheriff sales. I know that a title company won't touch a tax sale property for at least a year, but will they insure at all? I've been reading the forum and some people have said that the only real option is an action to quiet the title. 

Has anyone been able to get a tax sale property insured without waiting 21 years or quieting the title?

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  • Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    9y

    Philadelphia's tax sales are held as sheriff sales, not as Tax Claim Bureau (TCB) sales. So look for the posts that discuss the situation you would experience, and don't pay so much attention to the situations faced by those purchasing at TCB sales.

    I have sold a property purchased for unpaid taxes at sheriff sale in the suburbs, and once the redemption period passed title insurance was available.

  • Investor · Philadelphia, PA · Member since 2014 · 351 posts · 80 votes
    9y

    @Amia Jackson I have purchased from the Phila Sheriff auction and have had title insured after one year

  • Investor · Philadelphia, PA · Member since 2017 · 39 posts · 28 votes
    9y

    Thank guys 

    @Steve Babiak I read your posts ALL THE TIME! just wanted to let you know i'm a fan. I associate your name good, solid, info based in fact and experience. Thanks for all the info you supply on this site. 

    @Ryan CameronThat's exactly what i wanted to hear. Thanks so much for the info. 

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