NEW To Tax Deeds

[Kevin Ro]

Is anyone familiar with tax deeds in NY counties?  Where does one get education on this topic?

Is it necessary to be physically local to the county vs. out of state?

How do you determine the best county for tax deed investing?  For example I would prefer online investing auction.  I've been on Google and Youtube I get more what it is instead of how to get started and how to do due diligence and analyze.

Thanks in advance.

[Anthony Yannucci]

Originally posted by @Jenna Pedersen:

@Anthony Yannucci So if there are liens on the property, like maintenance or mowing from the city, you pay those off after your purchase? How can I find out how much those are? I'm new to real estate but am interested in starting with tax deeds. Thanks!

 Yes, you pay them off after you have the deed in hand.  Usually you can find out via the Court of Clerks site.  Here in FL, they record all notices and you can get a ball park figure.  For more specific info, I am not sure if the county department where the liens originated from would give out any info ahead of the tax sale being you do not have any legal interest in the property.  Afterwards, you can contact the county department, inform them, and possibly, prove you are the owner, and then get a payout.  Tax deeds are great but you must be sure you do your due diligence and research.  There is no immediate rush to pay off those liens, just if you are selling the property right away.  The new owner might want the title to be clear.  But I have sold properties with the liens still attached--I just disclosed it in the contract.