Georgia Tax Deed

[Joe Mclain]

If I purchase a tax deed in GA, I have to wait 12 months to foreclose.   In my county, I see deeds with multiple years of taxes due.  If I purchase a tax deed that has 2 years of taxes due, then can I foreclose immediately since the first tax sale was over 12 months ago?   

Thanks,

Joe McLain

[Tom Yung]

@Joe Mclain

No, the redemption period starts when you purchase the tax deed. 

So for example, if you purchased a tax deed property that has 2012, 2013 tax owed. After you purchase it. The redemption period starts. On top of that you are now liable fo pay 2014 & 2015 tax. If not. Your tax deed property will be on auction block next April(2016).

Hope this helps.