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Tax Liens & Mortgage Notes

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Shelley Baranes
  • Marietta, GA
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Going to my First Tax Deed sale...

Shelley Baranes
  • Marietta, GA
Posted Dec 5 2016, 14:56

Hello all, I'm new to this and tomorrow I attend my first sale on the courthouse steps.  I'm interested in a specific property and don't fully understand the process yet.  If the lien is approx $2100.00, and I don't know if there are other liens on the property, should I not bid over 2500.00(ish)?  Knowing that if the owner pays it back I would only get lien amount + my 20% (Georgia's rate).   

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