Tax Lien Info
Forum Folk,
I'm reading about tax liens and I think I have it wrong. I assume if your purchase the delinquent taxes then you also own the property. Pretty sure I'm wrong.
I'm in Texas and if I purchase the delinquent taxes then it seems I own the debt in the form of repayment from the homeowners at an elevated tax rate.
Is this correct and if not could someone clarify what seems to be a murky area.
Thanks,
Augustine Garcia