Tax Liens - What happens when you buy them?

Tax Liens - What happens when you buy them?

Member since 2022 · 12 posts · 9 votes

I have tried doing some research on tax lien properties. I see some in my area I would like to buy but what actually happens when you pay the lien? Do you just assume the mortgage? When do people get kicked out after you take over? Thank you for any and all of your responses. I am located in Ohio by the way if that affects the answers.

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  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    3y

    This is state specific.

    In SC I buy a tax lien and then wait. I either get a redeption check in the mail with my investment plus interest or I get a deed in the mail.

  • Member since 2022 · 12 posts · 9 votes
    3y

    How long does it take if you were to get a deed? I read something like up to 6 years.

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