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Rick Baggenstoss
  • Developer
  • Decatur, GA
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Georgia Tax lien for empty lot

Rick Baggenstoss
  • Developer
  • Decatur, GA
Posted

I have reached an agreement with Dekalb County, Georgia to buy the tax deed on an empty lot. The price is ~$14k. The land is worth ~$70k.

Since this is a Deed vs. a lien, I don't need to wait a year before foreclosing, right?

Is the closing process similar to other cash property closures?

Other than clear title, anything else I should be concerned about?

Thanks,

Rick

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