Tax lien inters rates

[Michael Kelczewski]

This is a rather broad question which may be covered by respective statutes, however is there a maximum interest rate/penalty levied for tax lien redemption? I am curious of how high a principle interest rate is possible...

[Ned Carey]

@Michael Kelczewski It varies tremendously by state. In some areas it even varies by county. In MD the rates vary from 20% at the highest and 8% at the lowest.