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Michael Lenahan
  • Rental Property Investor
  • Philadelphia, PA
53
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95
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Shieff Tax Sale Assignment - Philadelphia

Michael Lenahan
  • Rental Property Investor
  • Philadelphia, PA
Posted Jul 10 2018, 12:46

Hi All,

I am hoping to get you advice on a property that I'm thinking of buying.

This property is being sold as shieff tax sale assignment. Good deal on paper, but I'm worried about Right of Redemption.

This is what I know about the property:

Taxes owed: $3,366

I've walked through the property and it has been cleaned out and it is vacant.

There are recent L&I violations for not having a vacant license.

My questions:

Does Right of Redemption apply in this case since the property has been cleaned out and is vacant?

Is there anyway I can get title insurance or is there a way to minimize the risk?

What is the game when investing in shieff tax sale assignment properties?

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