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Tax Liens & Mortgage Notes

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Michel Steele
  • Flipper/Rehabber
  • Davie, FL
6
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18
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Please clear the air on Tax Lein Certificates vs Tax Deed sales

Michel Steele
  • Flipper/Rehabber
  • Davie, FL
Posted Oct 20 2015, 20:44

Tax Lein Certificates and Tax Deed sales are a hot topic, so it seems 

I'm still not sure I understand the difference between a Tax lien Certificate and a Tax Deed. I know that a Tax Lein is paying the taxes owed and then you wait for maturity(owner pay taxes) if they do you can collect interest and your investment back. What I don't understand is if you buy a Tax deed do you own the land or property you bid on? I live in Florida and when I look at the two different areas for Tax Lein and Tax Deeds they seem to intersect. 

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